With increasingly more corporate organisations becoming targets for cybercriminals, Nobuhle Nkosi, Head of Financial Lines Africa, Allianz Global Corporate & Specialty (AGCS), has said businesses would be better off transferring the risk associated to cybercrime to insurers. According to her by 2020, the number of cybercrimes recorded globally would hit...
The Ghana Insurers Association (GIA), the umbrella Trade Association for all Insurance Companies doing business in the country, held its first National General Insurance Conference at the Labadi Beach Hotel in Accra recently. The Conference was on the theme ‘Transforming the General Insurance Industry in Ghana through Self-Regulation, Financial Capacity...
The Executive Director of Enterprise Life, Jacqueline Benyi, has said industry will have to invest in academia if the link between the two is to yield mutually beneficial results. “We acknowledge the fact that universities and companies have different business models; however, we are very much aware that some investment...
IFC, a member of the World Bank Group, and Africa Reinsurance Corporation has supported a two-day technical workshop on risk modelling and strategic decision-making for index insurance products. James Seward, Practice Manager for the World Bank Group’s Finance and Markets Global Practice, Africa region, said, the agriculture sector is a...
In the quest for making underwriting easy for insurance brokers in the country, Allianz Ghana has deployed an online underwriting tool dubbed: “Partner Platform” into the market. The Partner Platform is an exclusive online underwriting tool designed by Allianz to enable Ghana Insurance Brokers Association (GIBA) members’ underwrite policies directly. Martin...
More insurance broking firms have entered in Ghana’s insurance industry’s landscape in 2016. The number has increased from about 65 to 85 in 2017. Last year about 10 broking companies were given operational license to start business in the country. These companies include Anchor Premier Brokerage Ltd located at the Procurement...