Sunday, 22 November 2020

Check the insurance companies you can do business with


 Adnan Adams Mohammed

 The National Insurance Commission (NIC) has announced to the general public the list of all insurance entities that can be trusted for business operations.

 

NIC, the regulatory and supervisory body of the insurance services sector served the general public with the list of insurance entities in good standing as of October 31, 2020.

 

The list which in total is one hundred and thirty (130) insurance entities is comprised of; 17 Life Insurance Companies, 23 Non-Life Insurance Companies, 3 Reinsurance Companies and 87 Insurance Brokers and Loss Adjusters.

 

The National Insurance commission periodically updates the public on insurance entities that are in good standing to do business with.

 

Read full statement below:

NATIONAL INSURANCE COMMISSION (NIC)

 

INSURANCE, REINSURANCE AND BROKING COMPANIES IN GOOD STANDING

The National Insurance Commission (NIC) which is the regulatory and supervisory body of the insurance services sector with a broad consumer and prudential mandate under Insurance Act 2006(Act 724) wishes to bring to the notice of the general public the list of insurance entities in GOODSTANDING as at October 31, 2020.

The LICENSED one hundred and thirty (130) insurance entities comprise of 17 Life Insurance Companies, 23 Non-Life Insurance Companies, 3 Reinsurance Companies and 87 InsuranceBrokers and Loss Adjusters.

For periodic updates, please visit the Commission’s website: www.nicgh.org

 

Life Insurance Companies

The following are Life insurance companies in good standing as at end of October 2020.

1. Allianz Life Insurance Company Limited

2. Donewell Life Insurance Company Limited

3. Exceed Life Assurance Company Limited

4. Enterprise Life Assurance Company Limited

5. First Insurance Company Limited

6. Ghana Union Assurance Life Company Limited

7. Glico Life Insurance Company Limited

8. Hollard Life Assurance Company Limited

9. Metropolitan Life Insurance Ghana Limited

10. miLife Insurance Limited

11. Old Mutual Assurance Ghana Limited

12. Phoenix Life Assurance Company Limited

13. Prudential Life Insurance Ghana

14. Saham Life Insurance Ghana Limited

15. SIC Life Insurance Company Limited

16. StarLife Assurance Company Limited

17. Quality Life Assurance Company Limited

 

Non - Life Insurance Companies

The following are non-life insurance companies in good standing as at end of October 2020.

1. Activa International Insurance Company Limited

2. Allianz Insurance Company Limited

3. Best Assurance Company Limited

4. Donewell Insurance Company Limited

5. Enterprise Insurance Company Limited

6. Ghana Union Assurance Company Limited

7. Glico General Insurance Company Limited

8. Hollard Insurance Ghana Limited

9. Imperial General Assurance Co. Ltd.

10. Loyalty Insurance Company Limited

11. NSIA Ghana Insurance Company Limited

12. Phoenix Insurance Company Limited

13. Prime Insurance Company Limited

14. Priority Insurance Company

15. Provident Insurance Company Limited

16. Quality Insurance Company Limited

17. Saham Insurance Ghana Limited

18. Serene Insurance Company Limited

19. SIC Insurance Company Limited

20. Star Assurance Company Limited

21. SUNU Assurance Company Limited

22. Vanguard Assurance Company Limited

23. Wapic Insurance Ghana Limited

 

Reinsurance Companies

The following are Reinsurance companies in good standing as at end of October 2020

1 Ghana Reinsurance Company

2 GN Reinsurance Company

3 Mainstream Reinsurance Company

 

Insurance Brokers, Reinsurance Brokers and Loss Adjusters

The following are intermediaries in good standing as at end of October 2020

1. All Risks Insurance Brokers Limited

2. AllStar Insurance Brokers Limited

3. Alpha Insurance Brokers Limited

4. AP&L Insurance Brokers Limited

5. Apex Insurance Brokers Limited

6. ARB Insurance Brokers Limited

7. Cardinal Insurance Brokers Limited

8. Claim Insurance Brokers Limited

9. Crown Insurance Brokers Limited

10. Danniads Insurance Brokers Limited

11. Felin Insurance Brokers Limited

12. Functions Management Insurance Brokers Limited

13. GBL Insurance Brokers Limited

14. Goldlink Insurance Brokers Limited

15. Horizon Insurance Brokers Limited

16. Insurance Management Services Limited

17. Insurance Solutions Limited

18. iRisk Insurance Brokers Limited

19. JinG Insurance Brokers Limited

20. K&A Insurance Brokers Limited

21. KAV Insurance Brokers Limited

22. KEK Insurance Brokers Limited

23. Khols and Hols Insurance Brokers Limited

24. Liberty Insurance Brokers Limited

25. Metrix Insurance Brokers Limited

26. Midas Insurance Brokers Limited

27. NDL Insurance Brokers Limited

28. Novelty Insurance Brokers Limited

29. Olea M&G Insurance Brokers Limited

30. Pacific Insurance Brokers Limited

31. Rellius Insurance Brokers Limited

32. Ringfence Insurance Brokers Limited

33. Riscovery Insurance Brokers Limited

34. Risk Partners Insurance Brokers Limited

35. Risk Management & Advisory Services Limited

36. Safeguard Insurance Brokers Limited

37. Safety Insurance Brokers Limited

38. Sealand Insurance Brokers Limited

39. Strategic Insurance Brokers Limited

40. Tri-Star Insurance Brokers Limited

41. Visal Insurance Brokers Limited

42. Westom Insurance Brokers Limited

43. Willis Insurance Brokers Limited

44. Boaitey Insurance Brokers Limited

45. Lordship Insurance Brokers Limited

46. Multinational Insurance Brokers Limited

47. Saviour Insurance Brokers Limited

48. Dezag Insurance Brokers Limited

49. Global Impact Insurance Brokers Limited

50. Allied Insurance Brokers Limited

51. Afro-Asian Reinsurance Broking Company Limited

52. KEK Reinsurance Broking Company Limited

53. Visal Reinsurance Broking Company Limited

54. iRisk Reinsurance Broking Company Limited

55. Worldwide Insurance Brokers Ltd.

56. Oak Insurance Brokers Ltd.

57. Shield Insurance Brokers Ltd.

58. Trans-National Insurance Brokers Ltd.

59. Banbo Insurance Brokers Ltd.

60. Alhet Insurance Brokers Ltd.

61. Arrowclass Insurance Brokers Ltd.

62. Prudent Insurance Brokers Ltd.

63. Trinity Insurance Brokers Ltd.

64. Beulah Insurance Brokers Ltd.

65. Insurance Centre of Excellence Insurance Brokers Ltd.

66. Expertis Insurance Brokers Ltd.

67. Asterisk Insurance Brokers Ltd.

68. Ceris Insurance Brokers Ltd.

69. Supreme Trust Insurance Brokers Ltd.

70. Excel Insurance Brokers Limited

71. Ascoma Ghana Brokers Company Limited

72. Akoto Risk Insurance Brokers Limited

73. First Anchor Insurance Brokers Limited

74. Edward Mensah Wood & Associates Limited

75. Progressive Insurance Brokers Limited

76. Africa Sureties Insurance Advisory Services Ltd.

77. Benefits Insurance Brokers Ltd.

78. Goldstar Insurance Brokers Ltd.

79. Ogyeaman Insurance Brokerage Ltd.

80. Planwell Insurance Brokers Ltd.

81. Resolute Insurance Brokers Ltd.

82. Securisk Insurance Brokers Ltd.

83. Spoton Insurance Brokers Ltd.

84. GG & B Partners Brokerage Limited

85. Titan Insurance Brokers Limited

86. Rudder Insurance Brokers Limited

87. CoverUniversal Insurance Brokers Limited

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