A three-day training programme organised by WAICA Re Corporation PLC on Marine Hull and Cargo Underwriting and Claims Handling has been held in Kempinski Hotel in Accra.
It was attended by 50 general insurance practitioners in the country. The practitioners were drawn from the following companies: Activa Insurance Company Ghana, Afro Asian Reinsurance Brokers, Allianz General, Best Assurance Company, Coronation Insurance Company, Donewell Insurance Company, Enterprise Insurance Company, Ghana Reinsurance Company, Glico General, GN Reinsurance Company, Hollard Insurance Company, Imperial General, iRisk Insurance Brokers, KEK Insurance Brokers and KEK Reinsurance Brokers.
The other companies include Loyalty Insurance Company, NSIA General, Phoenix General, Prime Insurance Company, Priority Insurance Company, Provident Insurance Company, Quality Insurance Company, Saham Insurance Company, Serene Insurance Company, SIC General, Star Assurance Company, SUNU Assurance, Unique General Insurance Company, Vanguard Assurance Company, Visal Insurance Brokers, Visal Reinsurance Brokers, Millennium Insurance Company.
The three-day event was declared opened by Seth Aklasi – President of the Ghana Insurance Association (GIA) and Managing Director of Donewell Insurance Company – who called on practitioners to shy away from investment income and concentrate on making technical profit (underwriting profit). He commended WAICA RE for bringing the course to their doorsteps, indicating that he participated in one of these courses when WAICA RE opened doors in Freetown in 2015 – saying it was very beneficial to him.
Peter Townsend a renowned Marine Consultant from Iloyds Market, London took participant through Marine Hull Underwriting, Cargo Underwriting and Claims Handling throughout the three-days of Intensive Training. The Resource person has over 40 years’ experience in Marine Underwriting and Claims Handling Consulting.
WAICA RE, established about ten years ago, is one of the fastest-growing reinsurance companies currently operating and on the African Continent.