IC Group has joined Business Association of Georgia
4 Aug '16
A new company IC Group has joined Business Association of Georgia.
IC Group was founded on November 10, 2005. Since then the company has been successfully operating on the insurance market. Despite competitive environment, the company has deservedly established its place among the other leading Georgian insurance companies.
Since May 2009, when IC group acquired “People’s Insurance Company”, it became one of the biggest players on the health insurance market.
In 2010-2012, the company was actively involved in the construction and refurbishing of hospitals, namely in Khashuri, Bolnisi, Ambrolauri, Mestia, Oni, Dmanisi, Racha-Lechkhumi.
In 2011, IC Group moved to a new headquarters, located in Mosashvili Street and has launched development of retail services and distribution networks. Currently IC Group works with 10 financial institutions and operates via its partners throughout the country. IC Group is a universal company offering practically all insurance products to its customers.
As a member of Georgian Insurance Association, Georgian Chamber of Commerce and Industry and one of the founders of the Insurance Development Union, the company actively contributes to the establishment of Legal framework for insurance operations in Georgia.
Involvement of IC group in drafting of the law on Agricultural Insurance Subsidies resulted in the adoption of the Pilot Agricultural Insurance Subsidies Project, which was launched on the 1st of September, 2014. IC group is one of the 5 participating insurance companies.