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Company Overview
Sun Insurance Company Ltd. has it's head office on the first floor of
the historic Harbour Front Building in the heart of Suva and provides
service centres in all the cities and towns of the nation with twelve full
time agents in Fiji.
Since its inception in 1999, Sun Insurance has followed a basic
three-point company philosophy set by the Chief Advisor to the Board:
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Write good, quality business at the right price.
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Maintain underwriting discipline at all times.
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Company's future plan is to become a public company.
This sound business doctrine has served Sun Insurance well. Since
taking over the operations of NMBF insurance in 1999, which had been in
operation for five years, the company has seen premium income rise
considerably with a target of over $F15 million by year's end.
While global economic and financial conditions dropped sharply in 2001
triggering increased reinsurance premiums, Sun Insurance has continued its
rapid growth and is well on its way to reaching a market share goal of 15%
by the end of the year.
This success has been spurred on by our professional corporate
attitude, diversification of our company portfolio, and the development of
new service centres nationwide. By offering flexible and tailor-made
policies to our clients, Sun Insurance continues to strengthen its market
position. The introduction of new products along with immediate and
efficient customer service have also been keys to our growth.
Sun Insurance Directors
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The Managing Director and founder of Lotus Garments
Ltd, Accountant, former Deputy Lord Mayor of Suva, President of Fiji
Manufacturers Association, Chairman of Textile, Clothing &
Footwear Council of Fiji, Deputy Chairman of Fiji Development Bank,
Director of Fiji Trade and Investment Board. Mr Lala has vast
experience in clothing manufacturing, retail and wholesale trade. He
is a very successful real estate investor and developer. His
multifarious activities with business community in Fiji is well
recognized, together with his political, cultural, educational and
community involvements. |
| A Certified Financial Planner and
Chartered Accountant, Mr. Sharma is a partner in the Apex Financial
Services Group in Auckland, New Zealand. |
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The founder and Managing Director of Quality Print Ltd., the
country's largest commercial printing operation, Mr. Maharaj served for
a number of years as Director of the Fiji Development Bank. He is also
founder and Managing Director of Dewan's Holdings. As a member of a
numerous business organisations, including the Fiji Institute of
Directors and New Zealand Institute of Directors, as well as the Fiji
Institute of Management, Mr. Maharaj also finds time to work as a board
member for several NGO's and civic organisations.
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Mr. Mahendra P. Sharma is the founder and Managing Director of
Sharma's Insurance Services. With forty years in the business, he is one
of the most experienced insurance professionals in the country. After
attaining the highest local management position while with New Zealand
Insurance, then called Fiji Insurance, he left the company in 1985 to
found his own business which quickly became the largest insurance agency
in Fiji. Sharma's Insurance Services is the major Sun agency in Fiji.
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Management Staff
Sun has a combination of experience and youth in its management team.
They are seasoned professionals in all aspects of the insurance industry
and customer service, from the smallest risk to major corporate coverage.
Guided by a winning company philosophy and sound business policies, you
could not ask for a more professional team. SUN is the best choice for all
your general insurance needs.
Chief Executive Officer
Mr. Archie SeetoMr. Seeto’s reputation in Fiji as an
excellent administrator is unparalleled. The former country Head of
Marsh Fiji took over the reins at Sun in early 2005. Archie’s
reputation has brought Sun much added credit in the Fiji business
sector which in turn has seen Sun increase its share of business
from the commercial sector. Keys focus areas: Statutory
Compliance, Corporate Governance and overall performance of Sun |
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General Manager Operations
Lolesh K. SharmaLolesh was appointed GM Ops in February 2005.
With his qualification as a Civil Engineer and Insurance
qualifications from London, Lolesh is able to mix theory and
practicalities well. Lolesh has very quickly able to use his
engineering background in increasing Sun’s ability to underwrite
engineering risks. Keys focus areas: E-commerce, Reinsurance,
Business Process and Risk Modelling |
Claims Executive
Thomas NauaA long serving member of the Sun team, Thomas
has maintained his loyalty to the Sun team. He has an invaluable input
to the claims process with an in-depth understanding of Suns claims
process. His in-depth knowledge of Insurance Law which has earned him
respect of the legal fraternity. Thomas is well on his way to
obtaining a Senior Associateship via the ANZIIF. |
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Underwriting Executive
Sangeeta Singh
Sangeeta’s arrival at Sun in late 2005 was felt with a great deal
of impact in the underwriting department. With a vast range of
experience in financial institutions and insurance companies,
Sangeeta has combined well with senior management in delivering a
better service to Sun customers. Sangeeta is a senior associate of
the ANZIIF.
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Claims Consultant
Peter Fimone
Peter joined Sun in early 2006 as our in-house claims consultant.
With over 30 years of experience and ‘guru’ like status in the Fiji
Insurance Industry, Peter has been an added advantage to Sun’s
operations and further ensuring that a much more efficient claims
service is delivered to Sun’s ever growing client base |
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"Our Staff are highly experienced in general insurance
business. We are committed to upgrading their skills and invest
heavily in their continuing education and training."
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