As a mutual insurance company SIMIA is owned solely by its Members. They are its “shareholders” and are entitled to 100% of both underwriting profit and gains on SIMIA’s investments
News
08/04/2011 -
On 24 March 2011 Members voted in support of the Board’s recommendation that SIMIA cease accepting new business and be placed into run-off.
03/02/2010 -
SIMIA participates on Legal Services Board task force on professional indemnity insurance for alternative business structures.
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