KEK Insurance Brokers Ltd. hosted a group of twenty-three (23) Insurance students from the University of Ghana Business School on Friday, 22nd December, 2023 at their head office. The students, who are members of the Insurance Students Association of University of Ghana, were on an educational tour with the aim of having an overview of the insurance industry and the career path they have chosen, and to better understand the insurance broking business.
The team was received and warmly welcomed by the MD, Mr. Shiabu Ali, and were given a physical tour of KEK Business premises. As part of the programme, the team had the opportunity to be lectured by the company’s seasoned unit heads on the day-to-day operations and the various functions of units, with the primary focus on underwriting and insurance policy management. The students were also guided on making the right career choices with practical real-world experience.
The tour and accompanying teaching, enlightenment and instruction by KEK Brokers illustrates a key way forward toward properly linking up corporate Ghana with the teeming number of graduates being produced in Ghana each year. The conventional wisdom is that part of Ghana’s inordinate graduate unemployment problem arises from the wide gap between academic study, even of professional courses such as insurance, and the practicalities of the professional jobs they are required to do upon joining a corporation.
During the tour of KEK Brokers, the students were taken through the tasks that insurance brokers carry out step by step, how they are done, by whom and from where. This should serve as a model for other corporations who want new university graduates entering into their manpower base to know what is expected of them as professionals and just need to add on the job experience to their capacities.
KEK Insurance Brokers has assured that it will collaborate with the executives of the students’ association to have more of have of such engagements in the future. KEK, as part of its corporate social responsibilities, will give opportunities to the students to have their industrial attachments, internship, national service and possible future employment.
The students’ executives expressed their appreciation to the management and staff of KEK for hosting them and having such an educative programme.
Most of KEK Brokers’ top management staff are from the University of Ghana, including the company’s current Managing Director.
KEK Brokers is the biggest insurance brokerage in Ghana with an industry market share of 15.4 percent.