Recently, its expansion plans were shelved due to the Ebola virus.

[6] SIC Insurance writes virtually all classes of short-term insurance including five which covers motor, fire, marine, aviation, general accident, and policies for the hospitality industry.

[7] In light of the oil found along the western coast of Ghana, SIC Insurance positioned itself to underwrite oil and gas and other ancillary businesses in Ghana.

Further to this,[7] Ghana Insurers Association (GIA) as a way of building capacity and positioning itself to adequately handle all related insurance on oil and energy risks, and form a pool.

[7] All insurances relating to exploration,[7] drilling, to the production of oil and gas are placed in the pool and the core responsibility of the entire portfolio is managed by the appointed Manager.