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...
The Vice President-Insurance Brokers Association of Ghana, Shaibu Ali, has indicated that the coronavirus pandemic has crippled the insurance brokerage industry - hitting the labour sector hardest in terms of job losses as a result of the absence of a contingency plan.
According to him, the outbreak of COVID-19 has...
Does this sound like gambling to you? Read on. Essentially, insurance is a risk financing mechanism which replaces total loss with average loss. An individual’s loss becomes an average loss once such loss was transferred to a potentially homogenous pool of losses. In other words, one exchanges a 100-Dollar...
With only a few days to the deadline for recapitalisation within the insurance industry, foreign-owned companies are now evidently poised to dominate the market.
The deadline, originally set for June 30, 2021, was first extended to January 2022 and for an additional six months to June 202, due to effects...
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...
Priority Insurance Company Limited, a wholly Ghanaian-owned insurance company and a member of the prestigious Tobinco Group of Companies, has inaugurated a Northern sector office situated at Suame in the Ashanti Region.
The company has also renovated its Asafo branch office, also in Ashanti Region, to fulfil its core values...