Continuous innovation should be the bedrock of every business. The need to innovate, and to do so quickly, is now considered important for most companies. For the insurance industry, it fosters competitiveness and ensures that clients have access to the best solutions available. A business that invests in innovation...
The Chartered Insurance Institute of Ghana (CIIG) has recognised MeBanbo, an innovative microinsurance product from Hollard Life Assurance, as the year's best product in the second edition of its awards held at the Labadi Beach Hotel. MeBanbo offers the most comprehensive and reasonably priced funeral and disability life insurance...
COMPANY HISTORY
SIC Life Insurance LTD originally existed as the Life Division of the reputable multi-line insurer, SIC Insurance Company. In conformity with the provision of the Insurance Act 2006, Act 724, the Company was established as a fully licensed Life Insurance Company in 2007. On 10th March, 2022,...
Veteran Actor David Dontoh, who was part of advocates selected to lead the campaign on annuities, has urged people in the creative industry to take advantage of this product to save for a ‘rainy day’ as he believes they would serve as financial management tool for those in the...
16 years after the concept of composite insurance companies was replaced with separate life and non-life insurers, the industry has come to recognise life insurance as having the bigger growth and profitability prospects of the two. However, to fulfil those prospects the industry must continue its retreat from universal...
Imperial General Assurance has been adjudged the Promising Insurance Company of the year at the 2022 Ghana Insurance Awards.
The annual ceremony which seeks to celebrate achievements and standards in the insurance industry honoured Imperial General Assurance and other players for their top-class performance, professionalism, and innovation across the Ghanaian...
… Not repair and replace models
Accidents do happen and insurers are in the business to pay claims when insured events happen. Insureds expect their insurers to make good on that promise stated in the insurance contract. This has led to a ‘repair and replace’ mentality between the two parties....
as Enterprise Insurance, Starlife pick top gongs at 5th Insurance Awards
Some 500,000 Ghanaians are registered with private health insurance in the country, but the National Health Insurance Authority CEO, Dr. Bernard Okoe-Boye, believes there’s more room for the sector’s improvement.
“About half a million Ghanaians are registered with private...
Serene Insurance, a member of the First Sky Group, has been adjudged the ‘Fastest Growing Insurance Company’ at the 5th Ghana Insurance Awards (GIA) held on Friday, August 26, 2022 in Accra.
The ceremony saw the largest gathering of insurance industry players at the Kempinski Hotel Gold Coast City, to...
Insurance is a lot like the Force in Star Wars. It’s part of everything but it’s invisible, and those who know most about it are from other generations. Insurance protects us from the everyday risks of life. Insurance provides the safety net in nearly every industry. Just like innovative...
