Customer service practice and management in Ghana’s insurance space has become a major determinant of insurance coverage and penetration for economic development. It is the reason the Insurance Brokers Association of Ghana (IBAG) made it topical and the theme for its 9th Annual Educational Conference held in Bolga from March 19-23, 2024. The Conference which […] The post
The Minority in Parliament has strongly condemned Dr. Mahamudu Bawumia, the flagbearer of the New Patriotic Party (NPP), for his recent remarks regarding the revenue mobilization methods employed by the Ghana Revenue Authority (GRA). According to the National Democratic Congress (NDC) MPs, Dr. Bawumia’s comments hold no substance, especially given his position as the Vice […] The post Bawumia
The Customs Division of the Ghana Revenue Authority has assured stakeholders of its commitment to reducing the long duration of goods clearance at various ports across the country by 50%. Currently, it takes about 10–12 days to clear goods at the Tema port, 7 days at the Kotoka International Airport, and 3 days at the […] The post We’re committed
The Northern Electricity Distribution Company (NEDCO), is set to begin its third phase of revenue mobilization exercise on February 26, 2024. The operation targets customers with arrears, including government, state-owned enterprises, Metropolitan, Municipal, and District Assemblies (MMDAs), and private organizations. NEDCO in a statement urged all customers with arrears to immediately make payments to avoid […] The post NEDCO
By Bernard AKYIN-ARKOH Have you ever pondered the following inquiries? What is an insurance premium? How is insurance premium calculated? What factors influence my insurance premium? How do insurance firms manage to cover insurance claims using the relatively small premiums gathered from policyholders? This article offers comprehensive insights into insurance premiums, addressing common questions and […] The post
Have you ever asked yourself the following questions? What is life insurance? What are the various types of life insurance? Why do I need life insurance as an individual, family or a business owner? How do I buy a life insurance policy? This article will help you find answers to these questions and many more. […] The post Why should I buy a life insurance policy? appeared
Key insurance industry indices in Ghana as reported by the latest research report by the National Insurance Commission’s ‘Public Perception and Confidence of Insurance in Ghana’ survey indicate a sharp improvement in awareness, appreciation and confidence among the general public. The latest NIC survey reports an average confidence index of 61.65% and an improved perception […] The post
A comprehensive guide to general insurance book, titled The Insurance Landscape, which seeks to bridge the information asymmetry gap in the domestic insurance market while simplifying the intricacies of the industry, has been officially launched in Accra. The gripping page-turner contains 16 chapters and 230 pages and is authored by Bernard Akyin-Arkoh – a chartered insurance practitioner at Star […] The post
Mrs Perpetual Ofori-Ampofo,
In an innovative move, Ghana’s trusted insurance brand; Donewell Insurance Ltd has unveiled a new, fast and easy to use digital insurance distribution channel allowing customers to effortlessly purchase and renew motor insurance policies directly through WhatsApp. Named “ESI DONEWELL”, the WhatsApp Chatbot is a user friendly interface that will enable both agents and individuals […] The post Donewell
An all-inclusive women’s network, Women in Insurance Network of Ghana (WING), has been duly launched to improve participation of women in the insurance ecosystem. The presence of such a network is critical as the latest Future One Agency Universe Study postulates that globally, while women drive the insurance industry – forming over 60 percent of the workforce […] The post WING
The Ghana NCD Alliance (GhNCDA) has
The Private Health Facilities Association of Ghana has issued a stern warning, declaring its intention to cease accepting Private Health Insurance soon. This decision stems from the National Health Insurance Authority’s failure to regulate Private Insurance Companies, resulting in arrears owed to its members. According to the association, this has resulted in their inability to […] The post Private
North Tongu Member of Parliament, Samuel Okudzeto Ablakwa, has alleged that President Nana Addo Dankwa Akufo-Addo has assisted the Commissioner-General of the Ghana Revenue Authority (GRA), Rev. Dr. Ammishaddai Adu Owusu-Amoah who signed the controversial agreement between the GRA and the Strategic Mobilisation Limited (SML) to run away from the country with his family. The […] The post GRA-SML
North Tongu Member of Parliament, Samuel Okudzeto Ablakwa, has alleged that the Commissioner-General of the Ghana Revenue Authority (GRA), Rev. Dr. Ammishaddai Adu Owusu-Amoah who signed the controversial agreement between the GRA and the Strategic Mobilisation Limited (SML) has left Ghana with his family. Mr Ablakwa alleged that the GRA boss left Ghana with the […] The post GRA-SML
The Chief of Staff, Akosua Frema Osei-Opare, dedicated her Christmas to bringing joy and support to the children of the Assurance of Hope Orphanage in Teshie, Accra. Amidst the festivities and merriment that characterize the Christmas season, Osei-Opare chose to extend a helping hand to the less fortunate, embodying the true essence of the season […] The post Chief
Enterprise Insurance has marked its centenary anniversary celebration with a renewed assurance to be dedicated to its customers. The Managing Director of the insurance company, Akosua Ansah-Antwi, said the theme for the celebration: “celebrating our legacy, securing our future,” was chosen to demonstrate the successes chalked over the years. She emphasized the company’s determination to […] The post Enterprise
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