Lucy Insurance is on the verge of completing the preparation of the second five year strategic
plan that will run from 2020/21 to 2024/25.
The strategic plan is being prepared by the company’s management with the facilitation of external consultant with the
objective of knowledge transfer that is believed to support the management in the implementation.

The Strategic plan addresses the major growth and expansion issues as Commencement of Life
Insurance, Acquisition of Land/Building, and automation of the company’s operational functions are worth mentioning.
The first draft of the plan has been reviewed and discussed by the Board of Directors according to which the plan will be
finalized and approved for implementation.
The Plan is intended to serve as a road map and is believed to bring about a radical transformation in terms of service and
sustainable growth.