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NIC publishes list of insurance companies in good standing

BY: Graphic Business
Mr Justice Yaw Ofori- Commissioner of Insurance

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) has published a list of insurance and broking companies who in good standing as at October 31, 2020.


The licensed 130 insurance entities comprise of 17 Life Insurance Companies, 27 Non-Life Insurance Companies, three Reinsurance Companies, one Reinsurance contact office and 91 Insurance Brokers and Loss Adjusters.


The NIC has urged the public to visit the Commission’s website: www.nicgh.org  periodic updates .Find below the list of companies in good standing.

Life Insurance Companies

  1. Allianz Life Insurance Company Ghana Limited
  2. Donewell Life 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 Company Limited
  11. Old Mutual Life Assurance Company Ghana Limited
  12. Phoenix Life Assurance Company Limited
  13. Prudential Life Insurance Ghana
  14. Saham Life Insurance Ghana Limited
  15. SIC Life 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 November 20, 2020.

  1. Activa International Insurance Company Ghana Limited
  2. Allianz Insurance Company Ghana Limited
  3. Bedrock Insurance Company Limited
  4. Best Assurance Company Limited
  5. Donewell Insurance Company Limited
  6. Enterprise Insurance Company Limited
  7. Ghana Union Assurance Company Limited
  8. Glico General Insurance Company Limited
  9. Hollard Insurance Ghana Limited
  10. Imperial General Assurance Company Limited
  11. Loyalty Insurance Company Limited
  12. Millennium Insurance Company Limited
  13. NSIA Insurance Company Limited
  14. Phoenix Insurance Company Limited
  15. Prime Insurance Company Limited
  16. Priority Insurance Company Limited
  17. Provident Insurance Company Limited
  18. Quality Insurance Company Limited
  19. RegencyNem Insurance Ghana Limited
  20. Saham Insurance Ghana Limited
  21. Serene Insurance Company Limited
  22. SIC Insurance Company Limited
  23. Star Assurance Company Limited
  24. SUNU Assurances Ghana Limited
  25. Unique Insurance Company Limited
  26. Vanguard Assurance Company Limited
  27. Wapic Insurance Ghana Limited

 

Reinsurance Companies

The following are Reinsurance companies in good standing as at November 20, 2020.

1              Ghana Reinsurance Company

2              GN Reinsurance Company

3              Mainstream Reinsurance Company

 

Reinsurance Contact Offices

The following is a Reinsurance contact office as at as at November 20, 2020.

1              WAICA Reinsurance Company 

 

Insurance Brokers, Reinsurance Brokers and Loss Adjusters

The following are intermediaries in good standing as at November 20, 2020.

  1. Africa Sureties Insurance Advisory Services Limited
  2. Afro-Asian Reinsurance Broking Company Limited
  3. Akoto Risk Management Limited
  4. Alhet Insurance Brokers Limited
  5. All Risks Consultancy Limited
  6. Allied Insurance Brokers Limited
  7. AllStar Insurance Brokers Limited
  8. Alpha Insurance Brokers Limited
  9. AP&L Insurance Brokers Limited
  10. Apex Insurance Brokers Limited
  11. ARB Insurance Brokers Limited
  12. Arrowclass Insurance Brokers Limited
  13. Ascoma Ghana Limited
  14. Asterix Insurance Brokers Limited
  15. Banbo Insurance Brokers Limited
  16. Benefits Insurance Brokers Limited
  17. Beulah Insurance Brokers Limited
  18. Boaitey & Associates Limited
  19. Cardinal Insurance Brokers Limited
  20. Ceris International Limited
  21. CLAIM Limited
  22. CoverUniversal Insurance Brokers Limited
  23. Crown Insurance Brokers Limited
  24. Danniads Insurance Brokers Limited
  25. Dezag Insurance Brokers Limited
  26. Dynamic Insurance Brokers Limited
  27. Edward Mensah Wood & Associates Limited
  28. Excel Insurance Brokers Limited
  29. Expertis Ghana Insurance Brokers Limited
  30. Felin Insurance Brokers Limited
  31. First Anchor Risk Management Limited
  32. Functions Risk Management Limited
  33. GBL Insurance Brokers Limited
  34. GG & B Partners Brokerage Limited
  35. Global Impact Insurance Brokers (Ghana) Limited
  36. Goldlink Insurance Brokers Limited
  37. Goodwill Insurance Brokers Limited
  38. Goldstar Insurance Brokers Limited
  39. Horizon Insurance Brokers Limited
  40. Insurance Centre of Excellence Limited
  41. Insurance Management Services Limited
  42. Insurance Solutions Limited
  43. iRisk Insurance Brokers Limited
  44. iRisk Reinsurance Brokers Limited
  45. JinG Insurance Brokers Limited
  46. K&A Insurance Brokers Limited
  47. KAV Insurance Brokers Limited
  48. KEK Insurance Brokers Limited
  49. KEK Reinsurance Brokers (Africa) Limited
  50. Khols and Hols Insurance Brokers Limited
  51. Liberty Insurance Brokers Limited
  52. Lordship Insurance Brokers Limited
  53. Maxmens Loss Adjusters Limited
  54. Merite Insurance Brokers Limited
  55. Metrix Brokerage Company Limited
  56. Midas Insurance Brokers Limited
  57. Multinational Insurance Brokers Limited
  58. NDL Insurance Consults Limited
  59. Novelty Insurance Brokers Limited
  60. Oak Insurance Brokers Limited
  61. Ogyeaman Insurance Brokerage Limited
  62. Olea M&G Insurance Brokers Limited
  63. Pacific Insurance Brokers Limited
  64. Planwell Insurance Brokers Limited
  65. Progressive Insurance Brokers Limited
  66. Prudent Insurance Brokers Limited
  67. Rellius Insurance Brokers Ghana Limited
  68. Resolute Insurance Brokers Limited
  69. Ringfence Insurance Brokers Limited
  70. Riscovery Insurance Brokers Limited
  71. Risk Management and Advisory Services Limited
  72. Risk Partners Limited
  73. Rudder Insurance Brokers Limited
  74. Safeguard Insurance Brokers Limited
  75. Safety Insurance Brokers Limited
  76. Saviour Insurance Brokers Limited
  77. Sealand Insurance Brokers Limited
  78. Securisk Insurance Brokers Limited
  79. Shield Insurance Brokers Limited
  80. Spoton Insurance Brokers Limited
  81. Strategic Insurance Brokers Limited
  82. Supreme Trust Insurance Brokers Limited
  83. Titan Insurance Brokers Limited
  84. Trans-National Insurance Brokers Limited
  85. Trinity Insurance Brokers Limited
  86. Tri-Star Insurance Services Limited
  87. Visal Insurance Brokers Limited
  88. Visal Reinsurance Brokers Limited
  89. Westom Insurance Brokers Limited
  90. Willis Towers Watson Ghana Limited
  91. Worldwide Insurance Brokers Limited