Contact Address Details:
IGI Gamstar Insurance Co.
Banjul Head Office
79 Daniel Goddard Street
P. O. Box 1276
Banjul, West Africa
Mr. Bai Ndongo Faal (Vice Chairman)
Authorized capital: D20,000,000
Paid up capital: D15,510,600 (On 14/3/06)
Auditors: Deloitte & Touchι
Legal Adviser: Ida D. Drammeh &
Net Assets: of D21,187,000 (2005)
Underwrite all classes of Non-life
Sayerr Jobe Avenue
Opposite Gamtel Office
Gamstar Savings & Credit
Tel: +220 4485438 (Brikama)
Bakau & Serrekunda
& Health Assurance Co. Ltd.
17 OAU Boulevard
Tel: +220 4226634
Insurance Company was incorporated in Gambia in 1991 and has since become one of
leading insurance companies in the Gambia.
The company is jointly owned by Gambian shareholders and the Industrial And General
Insurance Plc of Nigeria who hold a substantial stake. IGI Gamstar Ltd. is a
holding company with two subsidiaries namely Gamsavings and GLHACO.
The company's mission statement is to provide quality
insurance and financial services to individuals and businesses and
always strive to be the best. In order to achieve this, it is
focusing on increasing customer satisfaction through maintenance of
service excellence, total commitment and affordable prices with a
track record of fast settlement of claims.
Over the years, Gamstar has developed a formidable workforce
comprising of qualified, experienced and well motivated staff both at
the top and middle management levels. This makes it possible for
IGI Gamstar to handle the most difficult situation with ease.
Gamstar has put in place a sound Reinsurance portfolio handled by
consortium of Re-insurers led by Africa Reinsurance Corporation which
is currently rated 'BBB+' by Standard and Poors London, an indication
of a very good competitive position, good operating performance and
As part of its corporate social responsibility, IGI Gamstar has
contributed significantly to the development of sports in the Gambia.
They have sponsored major events such as football,
athletics, golf, cycling etc. They have also sponsored some major Cultural events.
The company is the major insurer for many of the major Institutions in the
Gambia. It claims this is because of the way they handle their business and their reputation for
speedy settlement of claims.
Gamstar's director, Bai Ndongo Faal, is a member of the
Academic Board of WAII (2007) and the company is a member of the
International Insurance Institute.
Cash in Transit, Cash in Safe
Computer Hardware Insurance
Contractors' Plant &
Employer's Liability Insurance
Fire and Allied Perils
Group Personal accident
Loss of profit insurance
Low Voltage Damage to Electronic Equipment
Machinery break down insurance
Machinery loss of profit
Marine, hull and cargo insurance
Refrigerated Stock insurance
Travel Personal Accident Insurance
- BUPA allied