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NIC poised to strengthen insurance education – Dr. Justice Ofori

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The National Insurance Commission (NIC) in partnership with the Ghana Insurers Association (GIA) and supported by Graphic Communications, have launched the maiden edition of the Insurance Fair. The Insurance Fair, which is expected to be an annual event where insurance companies will get the opportunity to showcase insurance products and services to the public, is […]

Traders Advocacy Group Ghana Pays Courtesy Call On Insurance Industry Leaders

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The National Insurance Commission (NIC) has expressed its commitment to developing and providing tailor-made insurance products for trader groups operating in the country. According to the Commissioner of Insurance, Dr Justice Ofori, he believes the move is necessary to help safeguard the lives, property and businesses of these groups which play a significant role in […]

Motor Insurance Database records over 3 million vehicles – Dr. Justice Ofori

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Dr. Justice Ofori, the Commissioner of Insurance, National Insurance Commission (NIC) has disclosed that the Motor Insurance Database (MID) which was introduced in January 2020 has recorded 3,005,283 vehicles so far on the portal. The portal is a repository of validly insured vehicles in the country. He made this disclosure when he led the various […]

Confidence of Ghanaians in insurance hits all-time high

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Latest research conducted by the National Insurance Commission (NIC) has shown that the confidence of Ghanaians in insurance is on the rise. It is perceived – though subject to debate– that most people view their insurance providers with ambivalence. “The overriding perception of insurance companies is that they are very needed, but not liked, relied […]

Ghana Celebrities crave for disability insurance

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Some Ghanaian celebrities drawn from the worlds of the arts, entertainment, sports and social media producers have called on the Commissioner of Insurance, Dr. Justice Ofori to let insurance companies design products that will help protect their professions. They made this call when the Insurance Regular organized a workshop on the PRINCIPLES OF INSURANCE for […]

NIC to operationalise technology-based insurance start-ups–Regulations to be ready soon

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The National Insurance Commission (NIC) has revealed plans of introducing regulations to guide the operations of technology-based insurance start-ups (insurtechs) in the country. Speaking at a Demo Day event for the Ghana Innolab Insurtech Accelerator Programme in Accra, the Deputy Commissioner of Insurance, Michael Kofi Andoh, said although the new Insurance Act 2021 (Act 1061), […]

Dr. Justice Ofori, Commissioner of Insurance hits the roads with MTTD Director-General to educate drivers and the public on Insurance

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The Commissioner of Insurance of the National Insurance Commission, Dr. Justice Ofori has joined hands with COP Mr. Francis Aboagye Nyarko, Director-General of the MTTD of the Ghana Police Service in a swoop in the Eastern Region to clamp down on vehicles carrying with them fake motor insurance policies. The sensitization and enforcement exercise saw […]

Commissioner of Insurance, Dr. Justice Ofori inducted into the Corporate Hall of Fame

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The Commissioner of Insurance, Dr. Justice Ofori has been inducted into the prestigious Corporate Ghana CEOs Hall of Fame. The colorful induction ceremony was held on March 4, 2022, at Movenpick Ambassador Hotel, Accra. The induction which was organized by the Business Executive also recognized some other prominent CEOs of high repute who have demonstrated, […]

Nearly 50% of working population has one form of insurance or the other – Commissioner of Insurance

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The Commissioner of Insurance, Dr Justice Ofori has disclosed that coverage of insurance as of December 31, 2020, stands at 44.6 per cent. This means nearly 50 per cent of the working population of Ghana has one form of insurance or the other. He disclosed this when the National Insurance Commission (NIC) in collaboration with […]

NIC hits target of training 10,000 youth

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The National Insurance Commission (NIC) has achieved its target of training 10,000 youth as Insurance Sales persons for Ghana’s Insurance Industry. The training of the youth as insurance agents was instituted by the Commission in 2019 as part of its initiatives to help them develop careers in the insurance profession. Dr. Justice Ofori, the Commissioner […]