Jubilee Insurance (Mauritius) Ltd (JIML), first established in the 1950s through a chief agency on the Island, is a respected insurance brand offering a range of short-term insurance products to the Mauritian market. Currently in the top 5 short-term insurers by market share (out of 13 companies), JIML has quickly developed a reputation for reliability, fast claims settlement, customer service and competitive, innovative products. The staff contingent, currently numbering 50, is made up of a blend of dedicated professionals with proven track records in the insurance industry as well as young, talented graduates who are eager and committed to providing excellent service to the growing clientele of the Company.
Incorporated locally in 1997, JIML is a subsidiary of the largest insurance group in East Africa, Jubilee Holdings Ltd (JHL). With over 75 years of experience, a strong balance sheet and a proven track record of financial stability, it is the number one insurer in East Africa. JHL is an affiliate of the Aga Khan Fund for Economic Development (AKFED), an international economic development group which holds interests in the financial sector (including banking and insurance), media, tourism, industry (including agribusinesses, packaging infrastructure, etc.) and aviation amongst others
JIML underwrites only General and Medical Insurance risks in Mauritius
The range of products includes:
- Asset Insurance: such as All Risks, Burglary, Electronic Equipment, Fire and Allied Perils, Loss of Profits, Motor and Marine Cargo and Hull, all targeted towards large corporate entities as well as small and medium-sized enterprises.
- Liability Insurance: such as Employers Liability, Public Liability, Product Liability and Professional Liability insurance.
- Financial Lines Products such as Bankers Blanket Bond, Directors’ and Officers' Liability, Professional Indemnity and Trustee Liability are also offered.
- Health Insurance Products: Which although currently targeting mainly corporate groups, is increasingly being directed towards the retail market. Coverage includes impatient admissions including maternity benefits, outpatient medical treatment with optional dental and optical additions.