Insurance Industry Compensation Fund (IICF)

Pioneered in 2015, Government has established the IICF to provide compensation to:

1. Insurance policy holders whose insurance company has become insolvent (Insolvency Sub Fund);

2. Hit and Run victims who have no legal and financial remedies following a hit and run accident (Hit and Run Sub Fund).

Hit and Run Sub Fund

Effective since January 2016, the Hit and Run Sub Fund plays a very crucial role in compensating and providing assistance in kind to Hit and Run victims in Mauritius and Rodrigues.