Security Insurance Company
| Founded | 1990s |
|---|---|
| Founder | Krasimir Marinov Nikolay Marinov Mladen Mihalev |
| Founding location | Bulgaria |
| Years active | 1990s–present |
| Activities | Drug trafficking, financial fraud, car theft, smuggling, extortion, racketeering and prostitution. |
Security Insurance Company (SIC) is a Bulgarian criminal group engaged in drug trafficking, financial fraud, car theft, smuggling, extortion, racketeering and prostitution, using the cover of an official business in the insurance and alcoholic beverage sectors. On the other hand, SIC Bulgaria is a private investment company that invests primarily in the insurance and security sectors. It was created and managed by some of the first Bulgarian oligarchs - the Marinov brothers (Krasimir and Nikolay), and Mladen Mihalev.