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

Insurers are creating products for a world where virus outbreaks could become the new normal after many businesses were left out in the cold during the COVID-19 crisis. While new pandemic-proof policies might not be cheap, they offer businesses from restaurants to film production companies to e-commerce retailers ways of insuring against disruptions and losses if another virus strikes. The providers include big insurers and brokers adding new products to existing coverage, as

A growing body of research suggests that access to and use of financial services has a beneficial impact on individuals’ lives, particularly

Insurance is a key player in the financial space of the country. Undoubtedly, the financial sector – especially the banking sector – has experienced some challenges in recent times, following the regulatory authorities’ efforts to strengthen, stabilise and streamline its activities and enhance the sector’s capacity to provide the highest level of service to customers. Insurance companies if positioned well will be the biggest beneficiaries in light of the banking reform, as p

The statistics for motor accidents are scary, and this is why road accidents are a national issue in Ghana. According to the National Road Safety Commission (NRSC), the statistics show that four (4) people die daily on Ghanaian roads due to road accident. Estimates show that Ghana loses over 230 million dollars yearly due to road accidents, with more than 1600 deaths. The loss correlates to 1.7% of the country’s Gross Domestic Product (GDP). The NRSC announced in 2010 that th

This is the second in the series of articles on financial knowledge and empowerment for Ghanaians. In our last article-The Pearl of Life: Passing on a Significant Legacy – we learned about passing on wealth from generation to generation. In this article, we will discuss how to protect the assets we acquire either through the dint of hard work or through inheritance. Every great pearl of wisdom I know, I learned at my grandmother’s knee. Her steely eyes pierced through centuri

In June 5, 2019, which is tomorrow, China will be hosting the World Environment Day 2019. Approximately, seven million people worldwide die prematurely each year from air pollution, with about four million of these deaths occurring in Asia-Pacific. Climate change is set to impact both the life and non-life insurance industries through its direct and indirect effects on human health and the environment. Diseases, injuries and deaths are also set to increase due to increasingly

It’s been often said that if wealth was a result of hard work, then every African would be a millionaire. It is generally argued that we have a history of working harder than any other people on the face of the earth and toiling without receiving commensurate reward. However, despite the global downturn, the opportunities for Ghanaians to create and build wealth in Ghana are greater now than any other time. According to the World Bank, Ghana has one of the world’s fastest gro

In the United Kingdom, the new concept of Telematics Insurance has helped cut car casualties among 17 to 19 year olds by 35 percent, clearing the way for mass-market adoption of this ground-breaking technology. Here in Ghana, Vanguard insurance has brought this novel concept into the rapidly growing non-life insurance industry, and us making strenuous efforts to adapt it to the peculiarities of the market it operates in here. T elematics is car insurance where a small box is