TRUST
Experienced professionals serving more than 40 countries and more than 100 insurance companies being market leaders in many geographical locations
CONVENIENCE
Integrated inhouse services and 24/7 worldwide assistance committed to delivering quality solutions, ensuring that you receive top-notch service
EDGE
State of the Art IT solutions, innovative and effective solutions to meet your constantly evolving needs of businesses to ensure more stability
ABOUT OUR COMPANY
Swan Insurance Management Agency Ltd (SIMA), the first Managing Agent, specializing in providing comprehensive travel insurance and group personal accidents coverages. With a team of dedicated experts who are well-versed in the industries they serve, we have established ourselves as a dynamic and well-regarded company committed to providing unparalleled service to our valued clients.
Incorporated in December 2022 within the Dubai International Financial Centre, with a paid-up capital of USD 300,000 alongside being a subsidiary of Swan International Assistance, we have the support, resources, and capabilities of one of the most reputable assistance companies worldwide. At SIMA Ltd, we pride ourselves on adhering to international standards and regulations while providing personalized solutions tailored to each client’s unique needs. We are confident in our abilities to exceed our clients’ expectations and fulfill our promise of excellence.
We utilize our vast experience and resources to assess risks and perform the underwriting and rating of risks on behalf of the reinsurance companies while operating within the given and assigned authority to achieve exceptional results for all parties.
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We also aim to be the MGA of choice for Travel insurance and Group Personal Accident in the geographical scope we operate in and be recognized globally as a trusted Insurance Management Agency known for its ethical, profitable, compliant, and service oriented reputation.
LINES OF BUSINESSES
TRAVEL INSURANCE
Efficiently underwriting Travel Insurance risks and offering capacity with comprehensive tables of benefits and adequate limits while understanding the requirements of each market. It’s worth shining a light on the fact that we have been in the foreground offering Covid19 coverages in the international market and have helped hundreds of travelers at during the unfortunate chapter of our life.
Protect Your Travels with Our Comprehensive Insurance Coverage. Whether traveling for business or pleasure, our travel insurance offers peace of mind by providing financial protection in case of sudden illness or accidents while abroad. You can travel with confidence knowing that we will take care of all your covered expenses.
GROUP PERSONAL ACCIDENT
A wide and extensive experience of handling and offering capacity for the benefits of: Accidental Death/Disability (AD), Permanent Total Disability (PTD), Permanent Partial Disability (PPD), Temporary Total Disability (TTD), Temporary Partial Disability (TPD) and more, alongside Medical Expenses, Repatriation of Mortal Remains, Evacuation and more.
Protect Your Team with Group Personal Accident Insurance. Our comprehensive coverage provides financial relief to your employees in case of accidental injury, disability, or death. It can be customized to meet your organization’s specific needs and ensure their protection 24/7, on and off the job.
OUR ASSISTANCE SERVICES
Supported by our 24/7 call center, fully occupied with Medical Doctors, Nurses and Professional Call Agents, alongside offering online solutions related to our services managed and developed by our inhouse IT team currently servicing millions of travelers.
We also offer a wide range of tailor-made services and assistance products including repatriation, evacuation, travel inconvenience and more. These can be offered as riders on large schemes with competitive prices.
All lines underwritten by us are on behalf of A-rated international reinsurers.
'A' Rated Reinsurance
More than USD 6 Billion of GWP
The Reinsurance Companies we do underwrite these lines on their behalf have a collective GWP of more than USD 6 Billion.
More than USD 5 Billion Amount of Claims
The Reinsurance Companies we do underwrite these lines on their behalf have paid more than USD 5 Billion of claims amount.
Around 94.5% COR
While they do maintain a Combined Ratio of around 94.5% we contributed into feeding their portfolios with very positive results.
WHY SIMA ?
Swan Insurance Management Agency Ltd (SIMA) is established as a category 4 Authorized firm to: perform underwriting or administration functions for or on behalf of an insurer, for the purposes of that insurer effecting or carrying out a Contract of Insurance as principal; advising on a Contract of Insurance for which the Person performs, or is proposing to perform, underwriting functions and arranging reinsurance for and on behalf of an insurer for whom it is underwriting.
EXPERTS
Allocated major part of studies exploring the best products and arrangements within the market
'A' RATED RI
Very stable reinsurance arrangement supported by A rated reinsurers
TOP TECHNOLOGY
IT integrations, attentive support and state of the art portals