In a significant move to bolster the nation's burgeoning SME sector, Enterprise Group PLC, a titan in Ghana’s financial services and insurance landscape, officially launched "The Enterprise Spotlight" on Monday, March 16. Delivered in strategic partnership with the Springboard Road Show Foundation, this national youth entrepreneurship competition is set to discover, fund, and mentor the next generation of Ghanaian business leaders.

At the beginning of this year, we adopted a theme that is simple, but demanding: “Resetting to Break Limits.” As I reflected on this theme, I realized that resetting is not just a response to challenges; it’s a deliberate action for growth and advancement. Resetting means pausing to ask hard questions, intentionally reviewing and refining our systems, aligning our people and processes with our purpose, and pushing beyond what feels comfortable. In a fast‑changing environment

Insurance industry leaders from across Africa convened in Accra for the 4th Africa Network of Insurers Associations (ANIA) Annual General Meeting and Conference, where they discussed strategies for strengthening the continent’s insurance sector and expanding market penetration. The meeting, which was launched at the Insurance House in Accra on Monday, March 9, brought together regulators, insurance companies, brokers, industry associations, policymakers, and development partn

The Chairman of the Interim Advisory Council of the Insurance Retirees Forum of Ghana (IRFG), Mr. Peter Osei-Duah has admonished young insurance professionals to listen, learn and lead with humility. The former Managing Director of SIC Insurance PLC made this call during the launch of the Insurance Retirees Forum of Ghana (IFRG) at a ceremony held in Accra on Wednesday February 18, 2026. The Ghanaian insurance industry led by the Dr. Abiba Zakariah, the Commissioner of Insura

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 insurance industry, led by the Commissioner of Insurance, Abiba Zakariah on 17th November 2025 presented a cheque valued at GH¢100,000.00 to the 37 Military Hospital to support the medical care of victims of the military recruitment stampede that occurred on 12th November 2025 at the El-Wak Stadium . Speaking on behalf of the industry, Abiba Zakariah reaffirmed the insurance sector’s commitment to national support, social responsibility, and the protection of lives an

Preamble Bancassurance has notably grown in Africa and around the world since the 1980s by offering banks and other financial institutions (BOFIs) an opportunity to provide more diversified products to their customers, whilst earning additional income by providing their distribution channels and other platforms to insurance companies. Insurance companies, on the other hand, can have an increased reach to a broader audience and achieve more sales by leveraging the BOFIs’ distr

The newly appointed seven-member Governing Board of the National Insurance Commission (NIC) has officially been inaugurated, with a focused mandate to enhance the regulation of Ghana's insurance sector and ensure the Commission operates with greater efficiency and transparency. The Board is chaired by Mr. Christopher Boadi-Mensah and includes Dr. Abiba Zakariah from the NIC, Mr. David Klotey Collison, Coordinating Director at the Ministry of Finance, Mr. Emmanuel Amofa of the

Insurance companies that fail to meet the new minimum capital requirement by May this year may have to sell off their companies or merge with others. This is according to the Commissioner of Insurance for the National Insurance Commission (NIC), Justice Ofori. The move follows a decision by the NIC to see to the recapitalisation of insurance companies in the country. Insurance penetration in Ghana has remained low for years, hanging at just around two per cent. The contributi

Parliament recently passed the Insurance Act, 2021 (Act 1061) to replace the Insurance Act, 2006 (Act 724) and to provide for the regulation and supervision of the insurance market. Act 1061 creates three main licence categories under which insurance businesses may operate: Insurance Licence, Reinsurance Licence and the new Innovative Insurance Licence. An Innovative Insurance business uses new financial technology or any other innovative technology or method in the insurance