Nico General has revealed its target to grow its market share by 40% in the short term.

Nico General Chief Executive Officer Donbell Mandala, presented the plans to clients. The CEO addressed that aggressive strategies to mainitain leadership where put in place, as currently, the insurance firm is leading with a 35% market share.

NICO General Insurance Company Limited was formed as a short-term division of the National Insurance Company Limited (now NICO Holdings Limited), which was incorporated as a composite insurance company in 1970.