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SWAN GENERAL LTD

The Company is a Public Interest Entity as defined by the Financial Reporting Act 2004.

Corporate Governance can be viewed as a framework of processes and attitudes within an organisation that focuses on adding value to the business, ensuring its long-term continuity and success and building its reputation. The Board is committed to promote high standards of governance.

Board of Directors
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ARIF CURRIMJEE

Independent Non-executive

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ERIC ESPITALIER-NOEL

Non-Executive

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PHILIPPE ESPITALIER-NOËL

Non-executive

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HENRI HAREL

Non-executive

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GRACE SARAH LEUNG SHING

Independent Non-Executive Director

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NICOLAS MAIGROT (Chairperson)

Non-executive

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SÉBASTIEN MAMET

Non-executive

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GOPALLEN MOOROOGEN

Independent Non-executive

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LOUIS RIVALLAND

Group Chief Executive

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MICHEL THOMAS

Chief Operations Officer

Senior Management team
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PATRICE BASTIDE

BSc, MSc
Group Marketing

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GIANDUTH (ALVIN) JEEAWOCK

BSc (Hons), CFA
Capital Markets

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VISHNOO LUXIMAN

Dip Personnel Management, Dip Business Management, 
Dip Public Relations, MSc, MSHRI
Chief Human Capital Officer

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KARINE MOREL

BCom, FCCA, MIPA (M)
Group Finance (w.e.f 15 January 2019)

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JAIYANSING (SHAILEN) SOOBAH

FCCA, MBA, ACG
Risk Officer, Group Company Secretary - Corporate Office

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Michel THOMAS

Executive Director - Chief Operations Officer

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GUILLAUME BOUIC

BSc, ACII
Business Development & SME

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NEELKAMAL (BIPIN) RAGOO

BSc (Hons), MBA, FCII
Technical, Motor, IBU, Captive Solutions

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JULIEN RIVET

Corporate Business

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TSE KWONG (PHILIPPE) LO FAN HIN

FCII
Reinsurance and Statistics

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IVAN THOMAS

Senior Manager-Health

PATRICE BASTIDE

BSc, MSc
Group Marketing

He is responsible for SWAN’s international development and oversees a number of projects mainly in sub Saharan Africa where he assists SWAN in setting up an elaborate network of cross border relationships as well as implementing SWAN’s longer-term objectives in these jurisdictions. He has developed an in-depth knowledge of these markets including of their local regulatory environments and is a Board Director on a few international subsidiaries. On the strength of his previous tenure as Marketing Manager of Albatross Insurance and CIM Insurance, Patrice took over the Marketing function of the Group in September 2016. Born in 1963, Patrice holds a M.Sc. in Applied Mathematics, USA.

GIANDUTH (ALVIN) JEEAWOCK

BSc (Hons), CFA
Capital Markets

Alvin is a CFA charter holder since 2010. He is currently reading for MBA International Paris. 

Alvin is a seasoned professional reckoning more than a decade of experience in Capital Markets. In his senior management role, he provides strategic directives into SWAN’s Capital Markets division. Equally, he is amongst the driving forces of investment activities of the group, including strategic investments in Mauritius and abroad. He is also an executive director of Swan Corporate Advisors Ltd, Swan Wealth International Ltd and Swan Smart Achiever Notes Ltd.

VISHNOO LUXIMAN

Dip Personnel Management, Dip Business Management, 
Dip Public Relations, MSc, MSHRI
Chief Human Capital Officer

Born in 1962, he worked as Assistant Personnel & Public Relations Officer at the Constance & La Gaieté SE Company Ltd from 1983 to 1988.

He joined Deep River-Beau Champ Ltd (DRBC) as Assistant Personnel Manager/Public Relations Officer in 1988. He was promoted to the position of Personnel Manager/Public Relations Officer with the same company in 1990.

He was appointed Human Resources Manager of DRBC in 2002 and, as such, provided advice and services to 7 companies of the CIEL Group, including TPC Ltd, found in Tanzania.

He cumulated the responsibility of Acting Secretary of the Mauritius Sugar Producers’ Association with that of Human Resources Manager of DRBC from September to December 2005. He joined the Group in
2006.

KARINE MOREL

BCom, FCCA, MIPA (M)
Group Finance (w.e.f 15 January 2019)

Born in 1979, Karine Morel is a fellow of the Association of Chartered Certified Accountants (FCCA).

She also holds a BCom from the University of Cape Town. Karine joined the finance team of Swan Life Ltd in September 2001 and was promoted as Manager – Finance and Accounts in August 2007.

She now holds the position of Senior Manager – Group Finance since January 2019. She leads the finance and accounting teams of both the Short Term and the Long Term business of SWAN. She, also, oversees the financial operations of the subsidiaries, both local and foreign.

JAIYANSING (SHAILEN) SOOBAH

FCCA, MBA, ACG
Risk Officer, Group Company Secretary - Corporate Office

Born in 1974 and a resident of Mauritius, Shailen is a Fellow of the Association of Chartered Certified Accountants and holds a Master in Business Administration.

He started his career with De Chazal Du Mée (now BDO) where he spent 10 years in the audit and offshore departments. In 2003, he moved to the Financial Services Commission in the insurance supervision department. In 2009, he joined CIM Group, and was subsequently appointed as Senior Manager Compliance of the insurance and investment cluster. He joined SWAN with the merger of the insurance businesses of Swan and CIM in June 2012. He is currently Senior Manager – Group Company Secretary and Group Risk Officer.

He also holds directorship positions in the subsidiaries of Swan Group. He is also a Non-Executive Director of The Stock Exchange of Mauritius Ltd and of Central Depository & Settlement Co. Ltd.

Michel THOMAS

Executive Director - Chief Operations Officer

Born in 1959, he holds a Master of Laws (UK) and is a Fellow of the Chartered Insurance Institute (FCII), (UK) as well as an Associate member of the Chartered Institute of Arbitrators.

He is also a Chartered Insurer (UK) and a member of the British Insurance Law Association (BILA). 

He joined the Company in 1980 and worked as underwriter in various technical departments until
1988. He headed the Claims department before he was promoted as Senior Manager of the Group Research and Development department in 2001. 

He is currently the Chief Operations Officer (COO) of SWAN General Ltd responsible for the Short Term Operations of the Company. 

His principal areas of specialization are insurance and reinsurance contract law including policy drafting. He has extensive experience and skill in the handling of complex claims including liability, specialty and medical negligence/malpractice claims. He has worked with international law firms and barristers on a variety of high value casualty and engineering claims as well as on reinsurance conflict of laws and coverage issues. He has also been specialising in arbitration law and alternative dispute resolution (ADR) procedures. 

As regards the modernisation of our insurance legislation, he has played an important role in the recognition of claims made clauses under Mauritian law and has collaborated closely with the State Law Office and the Regulator in bringing crucial amendments to the Road Traffic Act and other subsidiary legislation. He has also collaborated with the Law Reform Committee (LRC) regarding the review of our insurance contract law provisions in the Civil Code. 

He is a board member of Swan General Ltd since January 2008 and also of C-Care (Mauritius) Limited (formally known as Medical and Surgical Centre Limited) since 2009.

GUILLAUME BOUIC

BSc, ACII
Business Development & SME

Born in 1975, he holds a double major degree ‘Accounting & Corporate Administration’ from Curtin University – W.A.

Guillaume is a Chartered Insurer. He qualified as an Associate of the Chartered Insurance Institute (London, UK) in 2001 (ACII).

He started his career with SWAN in 1996, before moving to the insurance broking industry from 2006 to 2016, to take both Management and Senior Management roles at a local insurance broker and a foreign local established insurance broker, respectively.

Guillaume returned to SWAN in December 2016. In 2017, he was appointed Senior Manager – Health & Business Development.

Since 2018, Guillaume oversees exclusively the Business Development, Affinity partners, IBU & SME (nonlife).

NEELKAMAL (BIPIN) RAGOO

BSc (Hons), MBA, FCII
Technical, Motor, IBU, Captive Solutions

Born in 1975, he started his career with Mauritius Union Assurance Co. Ltd. in 1996, and 4 years later, joined Swan Insurance Company. Limited. (now Swan General Ltd.) staying till 2010.

Thereafter, Bipin joined Munich Re (Mauritius), where he was the Head of Underwriting. His area of operation, which covered Sub-Saharan Africa, allowed him to hone his knowledge of the underlying intricacies of doing business in this region, as well as to build a solid and reliable network.

He returned to SWAN in 2014, heading the Technical Dept., and was appointed Senior Manager in 2016. Currently, Bipin oversees the Technical, Motor and Individual Business Units. He is also responsible for the operations of the Swan Reinsurance PCC, a captive solution provider. Bipin holds a B.Sc. (Hons) in Economics and an MBA, and is also a Fellow of the Chartered Insurance Institute.

JULIEN RIVET

Corporate Business

Born in 1979, he joined Swan Insurance Company Limited in 2000 as a trainee Underwriter in the then Fire and Accident Department and was promoted Commercial Underwriter in 2005 until 2014 when he was further promoted to a Managerial Position within the Corporate Business (Property and Casualty) Unit.

He is a member of the Chartered Insurance Institute (UK). Throughout his career, Julien has successfully evolved through the technical sphere (underwriting and claims) as well as client-management and leadership roles and is now heading our Corporate Business Unit and oversees the operations of our Property and Casualty, Specialty Risks, Marine, Travel, Documentation and Processing Business Units.

TSE KWONG (PHILIPPE) LO FAN HIN

FCII
Reinsurance and Statistics

Born in 1958, he joined the Company in 1978. He qualified as an Associate of the Chartered Insurance Institute (London) in 1983 (A.C.I.I.) and obtained his Fellowship (F.C.I.I.) in 1991.

He is a Chartered Insurer and a member of the Insurance Institute of Mauritius (IIM). He joined the Senior Management team in 2003.

He has been working in the Insurance Industry for 43 years. During the past 26 years he has been heading the Reinsurance and Statistics department of the Company. His main responsibility at Swan General Ltd is to ensure that the Company is adequately reinsured with first class security Reinsurers for all the risks emanating from our underwriting activities.

He is a member of the Board of Directors of Swan Reinsurance PCC since 2011, of Swan Special Risks Company Limited since 2014 and of AfResure Reinsurance Brokers Ltd since 2020.

IVAN THOMAS

Senior Manager-Health

Born in 1960, Ivan Thomas joined the Swan Insurance Company Ltd in 1984 as an underwriting officer in the Fire & Accident Department.

He qualified as an Associate of the Australian Insurance Institute in 1990 and is now a Certified Insurance Professional Status (CIP) of the Australian and New Zealand Institute of Insurance and Finance (ANZIFF Assoc, CIP)

He was selected to join the Health & Travel Department in 1992 to launch the Health and Travel product as a main class of insurance of the Company. He was then promoted to the Individual Business in 2009 to revamp the individual line products and to setup the concept of a one stop shop.

Reintegrated the Health Department since 2018 to head the Health Business, he was appointed Senior Manager last year (2020).

Corporate Governance Committee
  • Arif Currimjee 
    Independent Non-executive 

  • Nicolas Maigrot (Chairperson)
    Non-executive

  • Gopallen Mooroogen
    Independent Non-executive

  • Grace Sarah Leung Shing
    Independent Non-executive 

  • Jaiyansing Soobah acts as Secretary of the Corporate Governance Committee 
Audit and Risk Committee
  • Arif Currimjee 
    Independent Non-executive 

  • Henri Harel
    Non-executive

  • Gopallen Mooroogen (Chairperson)
    Independent Non-executive 

  • Grace Sarah Leung Shing
    Independent Non-executive 

  • Jaiyansing Soobah acts as Secretary of the Audit and Risk Committee
Constitution of Swan General Ltd View the main clauses of the constitution
Appointment and Nomination of directors View the Appointment and Nomination process of directors
Information, Information technology and Information Security Governance of Swan General Ltd View the Information, Information Technology and Information Security Governance of Swan General Ltd
Code of Ethics of Swan General Ltd View the Code of Ethics
Internal Audit Internal Audit of the Group is outsourced to PWC
All the documents on the corporate governance website are approved and subsequently reviewed and updated.
Other information:
Financial Highlights
News