The National Insurance Commission has released names of insurance firms that are in good standing as of 31st October, 2020.
This is in compliance with the Insurance Act 2006 (Act 724).
The licensed firms are 130 and they comprise of 17 Life Insurance Companies, 23 Non-Life Insurance Companies, 3 Reinsurance Companies and 87 Insurance Brokers and Loss Adjusters.
Life Insurance Companies
The following are Life insurance companies in good standing as at end of October 2020.
Life Insurance Company
     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.
Non-Life Insurance Company
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
Reinsurance Company
1Â Â Â Â Ghana Reinsurance Company
2Â Â Â Â GN Reinsurance Company
3Â Â Â Â Mainstream Reinsurance Company
Insurance Brokers, Reinsurance Brokers and Loss Adjusters
The following are intermediaries in good standing as at end of October 2020
Company
     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 (RMAS)
     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
Source: BusinessZone Online
