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...
The National Insurance Commission (NIC) together with the Motor Traffic and Transport Department (MTTD) of the Ghana Police Service, will soon commence a nationwide exercise aimed at enforcing the Motor Insurance Database (MID) introduced by the NIC in January, 2020. The objective of the joint task force is to...
Global Media Alliance Broadcasting Company (GMABC), parent company of three pace-setting giants in the Ghanaian broadcasting space - YFM (Accra, Kumasi & Takoradi), Happy98.9FM and e.TV Ghana - in partnership with Ghana's favourite Insurance group, Hollard Ghana, has officially set the month of August as ‘Hollard Insurance Month’.
‘Hollard Insurance...
The Minister of Employment and Labour Relations, Ignatius Baffour Awuah, has made a last-minute attempt to foil the plans of 12 public sector unions to embark on a strike over what they term as low pensions being paid by the Social Security and National Insurance Trust (SSNIT).
The unions came...
Prudential Life Insurance has announced a partnership with three institutions; United Way Ghana, United Nations Population Fund (UNFPA) and the School of Languages, University of Ghana to fund projects that are set to impact over 23,000 Ghanaians.
United Way Ghana is bringing together local expertise in the fields of education,...
The Group Chief Executive Officer (CEO) of Hollard Ghana, Patience Akyianu, has been named the outstanding Group CEO of the year at the 10th edition of the Ghana Entrepreneur & Corporate Executive Awards.
The event was held under the theme, “Celebrating Ten Years of Entrepreneurial Excellence and Business Development in...
A good person leaves an inheritance for their children's children, but a sinner's wealth is stored up for the righteous - Proverbs 13:22
Certainly, as parents the wrong attitude would be to spend all we have in order to enjoy it before we die. A component of stewardship, and getting...
You may not plan to retire, but your employer and your own body may have other ideas. Change of a company’s strategic focus or technological base can render people redundant. However, more likely than rare, such situations can reasonably be predicted.
Sicknesses or accidents on the other hand, by no stretch...
SUNU Assurances Ghana Limited, a Pan-African Insurance conglomerate, has paid a Motor Claim of GH¢969,000 to Mole Projects & Machinery Limited. This was a total loss payment on a bus owned by the insured last week.
Presenting the cheque, the Head of Business Development, Mr. Kofi Bonsu, assured the client...
Mr. Ernest Frimpong, the Managing Director of Loyalty Insurance Company Limited, has made a call to insurance policyholders/insureds/claimants to report accidents or insurance claims to insurance companies on time to speed up investigations, processing, settlement and payment of insurance claims in a fair and prompt manner.
Mr. Frimpong indicated that...