KEK Insurance Brokers and KEK Reinsurance Brokers have both been adjudged Best Insurance Brokers in Ghana at the maiden edition of the Chartered Insurance Institute of Ghana awards which took place at the Labadi Beach Hotel, Accra, last week Saturday 28th November 2020. The Group carted home four awards in...
Quality Insurance Company’s Go Girl policy, which seeks to empower women, has won the Best Product of the Year 2019 award at the maiden Chartered Insurance Institute of Ghana (CIIG) awards. The Go Girl policy, which was born of QIC's flagship policy Kingly Queenly Comprehensive Motor Insurance, encourages women to...
Hollard Ghana with subsidiaries, Hollard Insurance and Hollard Life Assurance picked up a total of three awards at the 2020 National Marketing Performing Awards organized by the Chartered Institute of Marketing (CIMG) Awards held at the plush Labadi Beach Hotel in Accra. The awards event held under the theme ‘Marketing...
The Nigerian National Insurance Commission (NAICOM) has granted Enterprise Life Assurance Company (Nigeria) Limited, license to commence operations in the country. This is after the company met the minimum stated capital requirement of ₦8billion in February 2020. Enterprise Life Assurance Company (Nigeria) Limited is a member of the Enterprise Group...
The National Health Insurance Authority has introduced new features on the NHIS membership cards aimed at improving service delivery and to ease members’ obligation of replacing cards after every five-year mandatory replacement period. Although the Authority has maintained the basic outlook of the membership card, the new features have an...
.. unveils Black and White Family Plan One of Ghana’s innovative Insurance Companies, Old Mutual has launched the Black and White Family Plan – a revolutionary digital funeral policy aimed at offering a seamless solution to ease the financial burden felt by grieving families. For most Ghanaians, funeral payments are...
Chief Executive Officer at Hollard Insurance, Patience Akyianu, has called on key stakeholders in the insurance industry to put mechanisms in place to deliver a more robust sector, arguing that this will be will be a fundamental component in the overall post-pandemic economic recovery process. She stated that this must...
The National Insurance Commission (NIC) has shown concern over overseas transfers of reinsurance premiums out of the country. Dr. Justice Yaw Ofori, Commissioner NIC, revealed that almost US$40million left the shores of Ghana in 2019. “This has a negative impact on our cedi and the local economy,” the Commissioner lamented. He...
The regulatory and supervisory body of the insurance services sector, National Insurance Commission (NIC), has released a list of insurance entities in good standing as at November 20, 2020. The over one hundred and thirty licensed insurance entities comprise of 17 Life Insurance Companies, 27 Non-Life Insurance Companies, 3 Reinsurance Companies, one Reinsurance...
Insurers, as the primary risk managers for all spheres of the economy, must spearhead efforts aimed at building nation-wide resilience to economic shocks and drive the post-pandemic recovery process, Patience Akyianu, Group CEO, Hollard Group, has said. In her estimation, the commonly-used approach of government almost unilaterally bearing the cost...