CAPITAL INSURANCE REBRANDS AS TISA INSURANCE

CAPTION: Tisa Insurance CEO, Mr Jeremy Norton and Group Chairman, Mr Michael Koisen
BY LETHISA KOLOKOL
CAPITAL Insurance has rebranded and will now be known as Tisa Insurance under the Tisa Group going forward.
TISA Insurance Chairman, Mr Michael Koisen and Tisa Insurance Chief Executive Officer, Mr Jeremy Nortan made the official announcement yesterday, Port Moresby.
Capital Insurance will now be known as Tisa Insurance with a new brand logo, website and signage.
Although the name has changed the ownership, leadership, insurance products, customer contracts and regulation compliance will not change.
Chairman of Tisa Insurance, Mr Michael Koisen said Tisa Group has acquired majority shares of the Capital Insurance therefore the rebranding is necessary to reflect the alignment with the broader groupβs strategy.
He adds that the rebrand supports the TISA Group’s long-term strategy to build strong and trusted institutions in Papua New Guinea.
Mr Koisen adds that the Insurance provider already has a reach in Fiji, Slomon Islands, Vanuatu and Tonga but has plans to expand their services nationwide and the Pacific as well.
The rebranding aligns it to the groups three core strategies including clearer group identity, customer trust and simplicity and platform for future growth.
Group Chief Executive Officer, Mr Jeremy Norton added that while the name has changed strengthens trust among customers and partnerships for sustainable businesses across key sectors.
Notably, Tisa Insurance offers services in general insurance, motor and property insurance, life and health insurance, which Mr Norton said will be beneficial to existing and new customers under the new brand.
