Hollard Insurance has launched the first virtual insurance chatbot in Ghana, with the goal of making insurance more accessible to Ghanaians via popular messaging channels such as WhatsApp.
The innovative product, called Hollard ChatInsure, is currently hosted on WhatsApp by an Artificial Intelligence (AI) chatbot called ‘Araba Hollard’. Araba is...
Twelve public sector unions, which have come together to form the Forum for Public Sector Registered Pension Schemes, have given government a two-week ultimatum to address their concerns on low pension amounts paid by the Social Security and National Insurance Trust (SSNIT), or they will lay down their tools.
According...
Introduction
It must be acknowledged that the ingenuity of Finance Managers, (i.e. Chief Finance Officers (CFOs) considered as the ‘front liners’ in this battle, could be the springboard for building resilience in the insurance sector during and beyond this pandemic.
In a May 2020 publication by McKinsey & Co, the article,...
Mr. James Anti, Chief Executive Officer of Midas Insurance Brokers, has tasked licenced insurance brokers in the country with an urgent need to expand their role beyond facilitators of risk transfer to helping their clients keep pace with social, technological, environmental, economic and political development in order to ensure...
...as insurance sector feels COVID-19 economic downturn
The National Insurance Commission (NIC) has been urged to choose business continuity over the demand to raise new capital because the economic slowdown caused by the novel Coronavirus pandemic has made it nearly impossible for even ‘good' insurance companies to raise funds.
“Yes,...
Insurance group, Hollard Ghana, in support of the fight against spread of COVID-19, has donated hundreds of Personal Protection Equipment (PPE) to the Kamina Barracks Hospital, Northern Electricity Distribution Company Ltd. (NEDCo), Regional office of the Ghana Education Service, staff and management of Tamale Airport, and Tamale-Bolgatanga Transport Union,...
SIC Insurance Company Limited has handed over Personal Protective Equipment (PPE) valued at GH¢50,000 to the COVID-19 Trust Fund to support government’s fight against the pandemic.
The PPEs included disposable nose masks, protective coveralls, goggles, gum-boots, hand sanitiser gel, rubbing alcohol, gloves and disposable surgical caps. The company said the donation is...
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...
