Mrs Patience Akyianu, Group Chief Executive Officer of Hollard Insurance Ghana, has reiterated the fact that the National Insurance Commission (NIC) has done well with the steps being taken to facilitate the growth and development of the insurance sector over the years.
To her, the NIC has introduced new types of compulsory insurances, and the fierce enforcement of the existing ones like motor and insurances for commercial buildings have gone a long way to boost the performance of Ghana’s insurance sector.
However, “we are excited about the draft bill that has compulsory insurance like Group life insurance, workmen’s compensation, public liability insurance, marine (Cargo & Hull) and professional indemnity and we look forward to the bill finally being passed by the close of this year.”
Speaking at the launch of the Tema branches of Hollard Life Ghana and Hollard Insurance Ghana last week, she pointed out that the company has been in Tema for the past 20 years, previously as Metropolitan Insurance and more recently since 2015 has Hollard Insurance.
Indeed, Hollard Life Assurance, the new kid on the block, she intimated started doing business last year and has since opened two branches, one in Airport, Accra and another in Kumasi.
“It is part of our strategy to deepen our footprint in Ghana and to bring our superior product for both the general and life insurance businesses under one roof for the convenient of its cherished customers.
“We are opening a first insurance shopping arcade by relocating the Tema branch of Hollard Insurance and setting up a new branch for Hollard Life at this location”, she stressed.
Mrs. Akyianu pointed out that Hollard is a strong insurance brand which has over the last 38 years being enabling many people across the continent of Africa and beyond to create and secure a better future.
She indicated: “With Hollard’s pioneering and innovative, problems solving product, we have consistently delivered smart risk solutions across the 18 countries in which we operate and are known for the partnership model which is second to none.
“Our partnership approach to do business and engaging in our communities is known as the triple Win – (Win Win Win) and endure all parties in the chain – our customers, our distribution, partners and ourselves win.”
Daniel Addo – Managing Director – Hollard Insurance, assured the people of Tema that Hollard Life comes with the same level of ethics, integrity and professionalism associated with Hollard General, and affirmed that it was okay to do business with the company.
He said, Hollard prides itself on delivering on unmatched service quality within the insurance industry in the country and will continue to do so at the new Tema branch.
“More importantly, we have dedicated staff who appreciate the local terrain and are trained in international best practice at the helm, so our approach to doing business has and will always be to handle clients with utmost respect and dignity ensuring that when you walk through this doors you will automatically know that you are in capable hands,” he said.
He continued: “Our promise is to provide “you with the peace of mind you get from knowing you have solid insurance cover for all unexpected events.” Whiles the Hollard Ethos is to do well by doing good.
That is why our claims code when a claim is reported we don’t find a policy exclusion based on which to repudiate the claims, our philosophy is to find a policy provision based on which we will pay the claim. This is our way of enabling better futures.
Additionally, it is built on consistent standard long-term partnership on respect for our clients and most importantly on delivering the Win-Win-Win.”
Nashiru Iddrisu – Managing Director – Hollard Life said the company value composition is based on three thematic areas which includes relevant, impact and differentiation.
He said Hollard will remain relevant in the market space by contributing significantly to the growth and development of the industry through excellent service delivery.
“While being impactful, building resilience in families, organizations, communities and by extension the nation before any unexpected life contingency occurs.
As a leading insurance brand. it is our quest to make a difference and continue to innovate and set the pace in market leadership and remain flexible and agile ahead of the term and are committed to world class services,” he said.
Present are the commissioning included the Deputy Commissioner Kofi Andoh who vowed for the integrity and capability of the Hollard family. The special guest of honour the Tema Mantse – Nii Adjei Okraku call on the Hollard Group to work hard and put up their own property in Tema.