The National Insurance Commission (NIC) has opened the floodlights for General Insurers to apply No Claim Discount (NCD) to their existing customers. No Claim Discount is an insurance terminology used by Non-Life companies on clients who insure their motor vehicle for one year without an accident. In a memo issued...
... advocates lifeline support for sector Government has been urged to provide stimulus packages for insurance companies affected by the novel Coronavirus pandemic, as doing so will help to ensure a strong insurance industry and boost investor confidence in the economy’s recovery. According to Solomon Lartey, a former Chief Executive Officer...
The Enterprise Group on 19th of March at the very onset of the pandemic stepped up to lead Corporate Ghana in the fight of this COVID-19 disease. A provision of free life insurance cover of up to GHC20million for 2000 front line health workers handling COVID 19 cases from the...
 “Please put a hold on the renewal of my car insurance, the car is parked because COVID-19 has caused me to temporarily close my guest house.” These were the words of a client on the phone asking me not to renew his comprehensive car insurance until further notice. I...
Old Mutual Ghana, one of the leading players in the insurance and pensions industry in Ghana has introduced a new product, the ‘Transition Plus Plan!’. The Transition Plus Plan is a product designed to help cater with the cost associated with a funeral if any named life assured/protected person passes...
Activa International Insurance Company Limited and the Activa Foundation have donated a number of Personal Protective Equipment to the National Cardiothoracic Centre of the Korle Bu Teaching Hospital in Accra. The presentation was made by a high-powered management team led by Mr. Steve Kyerematen, Vice –President of the Company, Mr....
The Ashanti Region police, in a joint operation with the National Insurance Commission (NIC), on Tuesday busted one member of a suspected cartel selling fake insurance stickers upon a tip-off near the Aboabo DVLA Office. The suspect, whose identity has been withheld for investigation purposes, is currently in police...
Insurance group, Hollard Ghana, as part of efforts to join the fight against COVID-19 across the country, has donated Personal Protective Equipment (PPE) to the Western Region Ghana Private Road Transport Union (GPRTU) in addition to an awareness campaign on regional radio and TV. GPRTU PPE donation The presentation was made...
The National Insurance Commission (NIC) in June last year announced new minimum capital requirements for players in the insurance space, as part of a broader plan to increase the sector’s financial stability and capacity to handle bigger risks or big ticket transactions. The commission wants insurance companies to increase their...
The Enterprise Group has announced changes to its Executive Management Team effective May 1, 2020. Daniel Larbi-Tieku, the former Chief Finance Officer, has been promoted to Deputy Group Chief Executive Officer while Cleland Cofie Bruce takes up a new role as Executive Consultant in Charge of Expansion in West Africa. Nigel...

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