FULL LIST || NIC publishes list of insurance companies in good standing

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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, 23 non-life insurance companies, three reinsurance companies and 87 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 Company
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

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

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Reinsurance Companies

1    Ghana Reinsurance Company
2    GN Reinsurance Company
3    Mainstream Reinsurance Company

Insurance Brokers, Reinsurance Brokers and Loss Adjusters

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 and Advisory Services (RMAS)
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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SOURCE: Graphic Online

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