How many employees work at SIC Insurance?
SIC Insurance Co. Ltd. (SIC) has approximately 1,075 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. SIC Insurance’s total headcount has declined 0.8% from 1,084 employees in 2023 to 1,075 in 2026.
About SIC Insurance’s Workforce
SIC Insurance Co. Ltd. (SIC) is a Financial Services company that employs 1,075 people worldwide as of March 2026. It is the 6th-largest by headcount among its peers. Founded in 1955, the company is headquartered in Accra, Ghana and trades on the Ghana Stock Exchange.
SIC Insurance's workforce has declined 0.8% from 2023 to 2026, down 2.5% year over year in 2026. It fell to a low of 1,075 in 2026 Q1 before recovering. Its workforce is concentrated most in Sub-Saharan Africa (97.0%), followed by Western Europe (1.1%) and North America (0.9%).
SIC Insurance's functional groups are Finance and Operations (45.3%), Engineering (38.4%), and Sales and Marketing (16.3%). The average salary is $10,176, ranging from a median of $78,000 in North America to $6,000 in Sub-Saharan Africa, down 2.1% year over year in 2026.
Overall employee sentiment is positive and improving.
Sourced from Revelio Labs workforce data.
- Ticker
- Ghana Stock Exchange: SIC
- Headquarters
- Accra, Ghana
- Founded
- 1955
- Industry
- Financial Services
- Employees
- 1,075
- YoY
- -2.5% (-52)
As of March 2026
SIC Insurance workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for SIC Insurance. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsSIC Insurance Annual Employee Count (2023-2026)
- SIC Insurance had 1,075 employees in 2026, a 2.5% decline (-52) from 2025.
- SIC Insurance had 1,083 employees in 2025, a 2.0% decline (-47) from 2024.
- SIC Insurance had 1,130 employees in 2024, a 0.9% increase (-72) from 2023.
- SIC Insurance had 1,202 employees in 2023, a 9.1% increase (+162) from 2022.
SIC Insurance's total workforce has declined from 1,084 employees in 2023 to 1,075 in 2026. SIC Insurance's headcount peaked at 1,218 in 2024.
SIC Insurance Co. Ltd. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 1,075 | -52 | -2.5% |
| 2025 | Q4 | 1,083 | -47 | -2.0% |
| 2025 | Q3 | 1,115 | -103 | -2.3% |
| 2025 | Q2 | 1,118 | -54 | +1.9% |
| 2025 | Q1 | 1,127 | -71 | +0.2% |
| 2024 | Q4 | 1,130 | -72 | +0.9% |
| 2024 | Q3 | 1,218 | +41 | +2.9% |
| 2024 | Q2 | 1,172 | +88 | +6.2% |
| 2024 | Q1 | 1,198 | +144 | +9.6% |
| 2023 | Q4 | 1,202 | +162 | +9.1% |
| 2023 | Q3 | 1,177 | +124 | +10.4% |
| 2023 | Q2 | 1,084 | -5 | +1.9% |
See SIC Insurance's complete headcount history, including quarterly breakdowns.
Get the DataSIC Insurance Employee Count by Region (2026)
Sub-Saharan Africa accounts for the largest share of SIC Insurance's global workforce with approximately 97% of total employees, followed by Western Europe and North America.
SIC Insurance employees by region
| Region | Employees | % of Total |
|---|---|---|
| Sub-Saharan Africa | 1,036 | 97.0% |
| Western Europe | 12 | 1.1% |
| North America | 9 | 0.9% |
| Northern Europe | 6 | 0.5% |
| South America | 2 | 0.2% |
| Arab States | 2 | 0.2% |
| Pacific Islands | 2 | 0.1% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataSIC Insurance Employee Count by Department (2026)
SIC Insurance's employee groups are Finance and Operations (45.3%), Engineering (38.4%), and Sales and Marketing (16.3%).
SIC Insurance employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 485 | 45.3% |
| Engineering | 411 | 38.4% |
| Sales and Marketing | 174 | 16.3% |
Compare SIC Insurance's department mix to industry peers.
See Full DataSIC Insurance Employee Salary by Region (2026)
SIC Insurance's average employee salary is $10,176 globally. Employees in North America receive the highest compensation, with median pay approximately 7.7x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $6,000.
SIC Insurance median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $78,000 |
| Northern Europe | $64,000 |
| Western Europe | $44,000 |
| Sub-Saharan Africa | $6,000 |
Unlock salary by role, level, and city — and compare to SIC Insurance's industry peers.
Unlock Salary DataSIC Insurance Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across SIC Insurance's workforce based on public professional data. Overall sentiment is positive and has improved year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
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Frequently Asked Questions About SIC Insurance
- How fast is SIC Insurance growing?
- In 2026, SIC Insurance's headcount shrank 2.5% to 1,075 employees, down from 1,127 in 2025.
- See the full headcount history
- Where are SIC Insurance employees located?
- Most SIC Insurance employees are based in Sub-Saharan Africa (97.0% of headcount), followed by Western Europe and North America.
- Explore where the workforce is based
- What is the average salary at SIC Insurance?
- The average employee salary at SIC Insurance is approximately $10.2k per year.
- Analyze the salary distribution
- When was SIC Insurance founded and where is it headquartered?
- SIC Insurance was founded in 1955 and is headquartered in Accra, Ghana.
- Compare SIC Insurance to industry peers
Speak with a workforce expert about SIC Insurance.
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