SGIO definition

SGIO means the State Government Insurance Office established by the State Government Insurance Office Act 1938 7;
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SGIO means the State Government Insurance Office established by
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Examples of SGIO in a sentence

  • Underpinning the application for recognition of past productivity improvement is the fact that the SGIC was unable to enter into any meaningful Bargaining Agreements up until April 1994 due to the privatisation of its trading arm, the SGIO Insurance Limited.

  • The many productivity initiatives implemented during the privatisation process delivered substantial, quantifiable productivity improvements which helped significantly in ensuring the float of SGIO Insurance Ltd was a commercial success.

  • This development has been driven by the recognition by both management and staff that the Commission has been operating in a competitive environment since the amalgamation of the SGIO and the MVIT.

  • Assessment of staff numbers and comparisons are based on the following factors: Separation of SGIC from SGIO equated to approximately 50% work volume reduction.

  • Thirty eight of the staff transferred to SGIO Insurance Limited and nine were redeployed.

  • During the two year period leading up to the successful privatisation of the SGIO business the SGIC underwent enormous change with the emphasis on right sizing the organisation in order to maximise the productivity of both organisations.

  • In March of 1993 the SGIC IT Division was dramatically downsized to prepare for the privatisation of SGIO Insurance Limited.

  • Prior to privatisation of SGIO Insurance Limited, Finance and Administration had the following Sections; Management Accounting Financial Accounting Cash Management Administration Systems Accounting Credit Control Since separation, Finance and Administration has retained all functions with the exception of Credit Control.

  • Had we been unable to maintain the staffs high level of commitment to workplace reform the Commission would have needed a staff of 17 to provide to the requisite service; 17 being the number of the former 57 SGIO/ SGIC employees that were working on SGIC projects.

  • Whilst there was an increase in salary costs between the two years, this has been offset dramatically by the non-payment of $682,000 to SGIO Insurance Limited in management fee based on 10.5% of claim payments.

Related to SGIO

  • Tabarru ” means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • MOHLTC means the Minister or the Ministry of Health and Long-Term Care, as the context requires;

  • SADC means the Southern African Development Community;

  • SERFF means the system for electronic rate and form filing. SERFF is a proprietary NAIC computer-based application that allows insurers and other entities to create and submit rate, rule and form filings electronically to the commissioner.