Phoenix of Swaziland Insurance Company heeds call for Employer conformity with Workmen’s Compensation compliance ahead of April 1, 2025
Mbabane, Eswatini – March 20, 2025
As the April 1, 2025 renewal commencement date approaches, Phoenix of Swaziland Assurance Company Limited is urging all employers to ensure compliance with mandatory Workmen’s Compensation insurance cover.
This essential coverage ensures business continuity to an organisation’s operations while safeguarding the welfare interests of the affected employee at the same time, against the financial repercussions of workplace accidents,
that potentially result in injuries requiring medical treatment, disabilities, contracted diseases, or even fatalities to the workforce member(s) from perils during their employment.
Understanding Workmen’s Compensation
Workmen’s Compensation is a compulsory insurance mandated to all employers in Eswatini. It provides coverage for injuries, disabilities, and/or deaths arising from occupational incidents. Phoenix of Swaziland Assurance Company Limited, a registered insurance company in Eswatini reinforces the importance that this form of cover provides in protecting employees who may suffer injuries or illnesses due to their work responsibilities.
Phoenix of Swaziland’s Commitment
Established in January 2015 and operational in the Kingdom since May 2016, Phoenix of Swaziland is dedicated to offering superior quality and value-priced general insurance products.
The company’s mission is to provide sustainable insurance solutions to individuals, families, and businesses by combining technology with the dedication of their exceptional team.
The Importance of Compliance
Employers in Eswatini have a fundamental duty to ensure the health and safety of their employees in the workplace. Neglecting these responsibilities can lead to a host of enterprisewide risk factors such as unmitigated workplace accidents, legal liabilities, financial penalties, reputational damage and overall shareholder value dimunition.
Adhering to occupational health and safety standards is not merely a matter of compliance but an essential component of responsible, ethical business management.
Invitation to Employers
Phoenix of Swaziland invites all employers to stay compliant and secure their Workmen’s Compensation coverage before the April 1, 2025, deadline. By partnering with Phoenix, businesses can ensure they meet legal obligations and provide a safety net for their employees. Employers are encouraged to visit the Phoenix of Swaziland website or contact their offices directly to obtain a free, no-obligation quote and learn more about the comprehensive insurance solutions available.
About Phoenix of Swaziland
Phoenix of Swaziland Assurance Company Limited is a member of the Phoenix Assurance Group. The company strives to build long-term relationships with clients and employees based on mutual trust, respect, and shared goals. With a vision to be the Pan African Insurer of Choice, Phoenix offers a wide range of commercial and individual short-term insurance products tailored to meet the diverse needs of its clientele.
For more information or to get a free quote, visit Phoenix of Swaziland’s official website www.phoenixswaziland.com or contact their customer service team on +268 2404 0034 or +268 2404 8454. They can also be reached on info@phoenixswaziland.com
Ensuring compliance with Workmen’s Compensation not only fulfills a company’s operational legal requirements but also demonstrates a commitment to employee welfare and sustainable business practices.