In Ghana, insurance is typically not considered a necessity; however, for people who take insurance policies their sum insured (maximum amount paid out for claims) is largely based on their current circumstances. Sadly, after people take policies they fail to increase their sum insured as their circumstances change.
Head of...
Financial technology firms (fintechs) have become key enablers and positive disruptors in the country’s quest to deepen insurance penetration.
Insurance and pensions sector experts at the B&FT’s 2023 Money Summit held last week noted that fintechs have become very critical and less of a disruption, as the platforms are helping...
The Head of Group Business at StarLife Assurance, Dzifa Fiati, has urged insurers to take advantage of the growing trend in technology to remain relevant and to meet market demands.
According to her, this is crucial in the quest to boost insurance coverage or penetration in the country. She is...
The Director General of the Social Security and National Insurance Trust (SSNIT), Dr. John Ofori-Tenkorang has revealed that a mere 2 percent out of the 1.9 million SSNIT contributors are self-employed, a situation he described as disturbing.
Currently, only 32,000 self-employed workers contribute to the scheme regularly out of the...
Financial technology firms (fintechs) have become key enablers and positive disruptors in the country’s quest to deepen insurance penetration.
This was the position of insurance and pensions sector experts at the just-ended 2023 Money Summit, which was hosted by the Business & Financial Times on the theme Africa’s robust financial...
To commemorate International Workers’ Day, StarLife Assurance, a leading indigenous insurance company in Ghana, has shown a keen interest in the career stories of its workers. The aim is to celebrate their struggles and successes and showcase them as inspirations for others.
Out of the many staff stories received across...
Coronation Insurance Ghana Ltd. has announced the appointment of Dr. Yaw Adom-Boateng as its new Managing Director effective April 1, 2023. Dr. Adom-Boateng takes over from Mr. Adedayo Arowojolu, who served as the MD/CEO of the company since 2015.
Dr. Adom-Boateng is an accomplished professional with over twenty-two years of...
…how do I make a claim under my motor/vehicle insurance policy?
This article will help you learn more about the motor insurance claims process and documents required by insurance companies in processing motor insurance claims.
Insurance is a contract between an insurance company and the insured, wherein the insured pays premium...
…1st Runner-up at the IBAG Conference
Hollard Insurance has emerged the first runner-up, Most Broker Friendly and Supportive Insurer as awarded by the Insurance Brokers Association of Ghana (IBAG) in Sunyani.
The Most Broker Friendly and Supportive Insurer Awards was the highlight of the 2023 IBAG Annual Conference & Exhibition held...