The industry must prepare for a scenario where cargo War Risk premiums jump significantly if the blockade persists. For the Ghanaian underwriter, the risk is not direct damage to hulls, as our local fleet is largely restricted to domestic waters, but the liability associated with delayed, diverted, or "trapped" cargo. If vessels reroute around the Cape of Good Hope, the increased transit time could lead to complex claims regarding contract frustration or the deterioration o

Hollard Insurance Ghana, the country’s favourite insurer, is pleased to announce the opening of its newest office at Achimota Mall, Shop Number 68. This expansion reinforces Hollard’s commitment to bringing insurance solutions closer to people while deepening its presence in key commercial hubs across the country. The Achimota Mall office will continue to deliver the same trusted Hollard experience that policyholders have come to expect; one that puts people first while enabl

Ghana’s largest and oldest indigenous insurance company, SIC Insurance PLC, has expressed its commitment to collaborating with the media to increase insurance penetration in the country. At a media soiree in Accra on Friday, Mr James Agyenim Boateng, the Managing Director (MD) of SIC Insurance PLC, highlighted its efforts to educate the public about the importance of insurance, clarify misconceptions surrounding policies and claims, and amplify success stories that build

The National Insurance Commission (NIC) together with the Motor Traffic and Transport Department (MTTD) of the Ghana Police Service, will...

Mr. Ernest Frimpong, the Managing Director of Loyalty Insurance Company Limited, has made a call to insurance policyholders/insureds/clai...

Head of Supervision at the NIC, Seth Eshun As part of measures to enforce motor insurance compliance and safeguard vehicle users, the...

Wapic Insurance (Ghana) Limited, one of Ghana’s leading insurance companies, is offering a 25 percent discount on all new policies to...

SIC returns to the top whiles Hollard moves from fifth to third. In creating a new world of opportunity for individuals, businesses and the society, insurers can no longer move of the same traditional products and services, and expect to succeed. Customers, investors, and employees demand innovation from insurance companies. It is only by recognizing opportunities and challenges, and responding quickly that insurers will continue to be competitive. In the past decade, SIC ins

CFAO Ghana, the official distributor of Mitsubishi and Suzuki vehicles in Ghana has partnered with Allianz Insurance to introduce the first ever life insurance package attached to vehicle purchase in Ghana. The new package, called Auto Life by CFAO, is an initiative aimed at providing life insurance cover for all individuals who purchase a new Mitsubishi or Suzuki vehicle from CFAO Ghana Ltd, from the 1st of March, 2020. CFAO clients will automatically receive a five (5) y

Activa International Insurance Ghana (AIIG) is introducing an online insurance system aimed at driving client-focused innovation by...