Quality Insurance Company has launched a comprehensive motor insurance policy targeting ‘Baby Boomers’ with the promise of providing protection for their vehicles as well as additional health and social benefits. Baby Boomers - persons from the generation born between 1946 and 1966 - according to QIC are the target audience...
Old Mutual Ghana, a subsidiary of pan-African investment, savings, pensions, insurance and banking group, introduces a new financial education series dubbed: ‘On The Money’, which seeks to educate and inform readers on how to save and invest money for the long term to live a fulfilled life in later...
As the Christmas festivities approach, the Director-General of the Motor Traffic and Transport Department (MTTD) of the Ghana Police Service, COP Mr Francis Ebenezer Doku has commended the Management of the National Insurance Commission (NIC) for its resolve in undertaking training and sensitisation initiatives across all categories of persons...
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...
Some players in the insurance sector are making calls for the regulator, National Insurance Commission (NIC), to put together a claims payment database to boost confidence in the industry, educate the public on the huge sums that are paid as claims annually, and also check fraudulent claims payment. To them...
It was glitz and glamour as the 2020 edition of the Ghana Insurance Awards came off on Saturday, August 29. The night of recognition and reward for excellence saw the crème de la crème of the insurance industry converge at the Kempinski Hotel in Accra. In his address, Event Director...
The National Insurance Commission (NIC) says, it will continue to flash out individuals who fix fake motor insurance stickers on their vehicles until the act is stopped. To safeguard the effectiveness of this, the NIC and Motor Transport and Traffic Directorate (MTTD) Unit of the Ghana Police Service has embarked...
A friend asked me how insurance reduces risk, and here’s my reply: "When you buy insurance, you transfer the risk of facing an uncertain loss in exchange for a safety net at the payment of a premium. “Here’s a simple scenario: When you pay for life insurance with a...
Indigenous insurance company Imperial General Assurance picked up three awards at the 2023 Ghana Insurance Awards held over the weekend. The company was adjudged ‘Fastest Growing Insurance Company of the Year’, ‘Indigenous Insurance Company of the Year’, and ‘Promising Insurance Company of the Year’. The company won the ‘Promising Insurance...
President Muhammadu Buhari has approved and appointed Mr. Sunday Thomas as the substantive Commissioner for Insurance/Chief Executive Officer, National Insurance Commission (NAICOM). It will be recalled that Mr. Thomas replaced immediate past commissioner for Insurance/CEO, Mallam Mohammed Kari, as Acting Commissioner for insurance/CEO of the National Insurance Commission in July...