This September, insurance and reinsurance industry operators from all across the world’s southern hemisphere will converge on Accra - a city geographically located more or less at the centre of the world and a city with aspirations of becoming an international financial services hub, inclusive of insurance for the...
Star Assurance has together with its Corporate Agency, AssureAdvisors Limited, launched two re-packaged personal insurance products into the Ghanaian market.
Branded Star Personal Guard and Star Stock Assure, these two products provide tailor-made insurance cover for the public. The Star Personal Guard is a 24hr personal accident policy that provides compensation...
as compulsory local marine insurance takes effect Sept 1
Coronation Insurance Ghana LTD, a leading insurance company offering diverse range of services covering general and special risk businesses, has launched a special electronic portal to facilitate the purchase of marine insurance policies.
The Coronation e-portal which is designed...
The National Insurance Commission (NIC) has stated that starting September 1, 2022, without local marine insurance all commercial shipments into the country cannot be cleared.
According to the regulator of insurance, enforcement of the law on 'Marine Insurance' takes effect next month - meaning if goods are not insured locally,...
A renowned Gynaecologist and the Medical Director of the Greater Accra Regional Hospital, Dr. Emmanuel Srofenyoh, will be the Guest Speaker at the launch of the Ghana Insurance Industry’s Blood Donation campaign 2022 on Tuesday, August 9, 2022.
It is expected that he would share with the general public the...
The insurance penetration rate in Ghana was below 1 percent in 2009. Fast forward to 2022, the penetration rate has now surpassed the 1 percent mark and is currently hovering at a rate which is less than 2 percent. The life and non-life insurance penetration rate is growing steadily...
A recent report from the International Finance Corporation (IFC) shows Africa has the highest number of insurtechs launched, compared to other emerging markets. Insurtechs within emerging markets have rapidly grown from 17 in 2000 to 481 in 2019.
Africa has also demonstrated a more rapid growth of insurtech launches than...
StarLife Assurance, one of Ghana’s leading indigenous insurance companies, has unveiled its new USSD code - *7373#, and Mobile App – MyStar, to the public to ease clients’ insurance needs. For the past year, the MyStar Mobile App has been used by the Customer Experience Centre and Sales Executives...
Justice Peprah Agyei, Western Regional Manager of the National Insurance Commission (NIC), has been awarded as ‘Young Insurance Professional’ at the 2nd edition of  Insurance Exellence Awards.
The award saw individuals and organisations that have excelled in the practice of insurance over the years, and was on the theme: ‘Celebrating Excellence...
The nation’s insurance penetration rate, which continues to hover around the one percent mark, represents an enormous opportunity to drive financial inclusion, and this will require synergy among relevant stakeholders – domestic and foreign, Chief Executive Officer of Sanlam General Insurance, Mabel Nana Nyarkoa Porbley has stated.
She is of...
