The National Insurance Commission (NIC) has released a list of insurance companies in good standing in the country as at October 31, 2020.
The National Insurance Commission (NIC) is the regulatory and supervisory body of the insurance services sector with a broad consumer and prudential mandate under the Insurance Act 2006 (Act 724).
NIC has however stated that 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 Insurance Brokers 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.
- Allianz Life Insurance Company Limited
- Donewell Life Insurance Company Limited
- Exceed Life Assurance Company Limited
- Enterprise Life Assurance Company Limited
- First Insurance Company Limited
- Ghana Union Assurance Life Company Limited
- Glico Life Insurance Company Limited
- Hollard Life Assurance Company Limited
- Metropolitan Life Insurance Ghana Limited
- miLife Insurance Limited
- Old Mutual Assurance Ghana Limited
- Phoenix Life Assurance Company Limited
- Prudential Life Insurance Ghana
- Saham Life Insurance Ghana Limited
- SIC Life Insurance Company Limited
- StarLife Assurance Company Limited
- 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.
- Activa International Insurance Company Limited
- Allianz Insurance Company Limited
- Best Assurance Company Limited
- Donewell Insurance Company Limited
- Enterprise Insurance Company Limited
- Ghana Union Assurance Company Limited
- Glico General Insurance Company Limited
- Hollard Insurance Ghana Limited
- Imperial General Assurance Co. Ltd.
- Loyalty Insurance Company Limited
- NSIA Ghana Insurance Company Limited
- Phoenix Insurance Company Limited
- Prime Insurance Company Limited
- Priority Insurance Company
- Provident Insurance Company Limited
- Quality Insurance Company Limited
- Saham Insurance Ghana Limited
- Serene Insurance Company Limited
- SIC Insurance Company Limited
- Star Assurance Company Limited
- SUNU Assurance Company Limited
- Vanguard Assurance Company Limited
- 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
- All Risks Insurance Brokers Limited
- AllStar Insurance Brokers Limited
- Alpha Insurance Brokers Limited
- AP&L Insurance Brokers Limited
- Apex Insurance Brokers Limited
- ARB Insurance Brokers Limited
- Cardinal Insurance Brokers Limited
- Claim Insurance Brokers Limited
- Crown Insurance Brokers Limited
- Danniads Insurance Brokers Limited
- Felin Insurance Brokers Limited
- Functions Management Insurance Brokers Limited
- GBL Insurance Brokers Limited
- Goldlink Insurance Brokers Limited
- Horizon Insurance Brokers Limited
- Insurance Management Services Limited
- Insurance Solutions Limited
- iRisk Insurance Brokers Limited
- JinG Insurance Brokers Limited
- K&A Insurance Brokers Limited
- KAV Insurance Brokers Limited
- KEK Insurance Brokers Limited
- Khols and Hols Insurance Brokers Limited
- Liberty Insurance Brokers Limited
- Metrix Insurance Brokers Limited
- Midas Insurance Brokers Limited
- NDL Insurance Brokers Limited
- Novelty Insurance Brokers Limited
- Olea M&G Insurance Brokers Limited
- Pacific Insurance Brokers Limited
- Rellius Insurance Brokers Limited
- Ringfence Insurance Brokers Limited
- Riscovery Insurance Brokers Limited
- Risk Partners Insurance Brokers Limited
- Risk Management & Advisory Services Limited
- Safeguard Insurance Brokers Limited
- Safety Insurance Brokers Limited
- Sealand Insurance Brokers Limited
- Strategic Insurance Brokers Limited
- Tri-Star Insurance Brokers Limited
- Visal Insurance Brokers Limited
- Westom Insurance Brokers Limited
- Willis Insurance Brokers Limited
- Boaitey Insurance Brokers Limited
- Lordship Insurance Brokers Limited
- Multinational Insurance Brokers Limited
- Saviour Insurance Brokers Limited
- Dezag Insurance Brokers Limited
- Global Impact Insurance Brokers Limited
- Allied Insurance Brokers Limited
- Afro-Asian Reinsurance Broking Company Limited
- KEK Reinsurance Broking Company Limited
- Visal Reinsurance Broking Company Limited
- iRisk Reinsurance Broking Company Limited
- Worldwide Insurance Brokers Ltd.
- Oak Insurance Brokers Ltd.
- Shield Insurance Brokers Ltd.
- Trans-National Insurance Brokers Ltd.
- Banbo Insurance Brokers Ltd.
- Alhet Insurance Brokers Ltd.
- Arrowclass Insurance Brokers Ltd.
- Prudent Insurance Brokers Ltd.
- Trinity Insurance Brokers Ltd.
- Beulah Insurance Brokers Ltd.
- Insurance Centre of Excellence Insurance Brokers Ltd.
- Expertis Insurance Brokers Ltd.
- Asterisk Insurance Brokers Ltd.
- Ceris Insurance Brokers Ltd.
- Supreme Trust Insurance Brokers Ltd.
- Excel Insurance Brokers Limited
- Ascoma Ghana Brokers Company Limited
- Akoto Risk Insurance Brokers Limited
- First Anchor Insurance Brokers Limited
- Edward Mensah Wood & Associates Limited
- Progressive Insurance Brokers Limited
- Africa Sureties Insurance Advisory Services Ltd.
- Benefits Insurance Brokers Ltd.
- Goldstar Insurance Brokers Ltd.
- Ogyeaman Insurance Brokerage Ltd.
- Planwell Insurance Brokers Ltd.
- Resolute Insurance Brokers Ltd.
- Securisk Insurance Brokers Ltd.
- Spoton Insurance Brokers Ltd.
- GG & B Partners Brokerage Limited
- Titan Insurance Brokers Limited
- Rudder Insurance Brokers Limited
- CoverUniversal Insurance Brokers Limited
