Compulsory fire insurance - Businesses complying?

Fire outbreaks in recent years have, undoubtedly, brought to the fore of the thoughts of many businesses the need for insurance. Many have become more cautious of how to manage their risks.

 Various managements of organisations, as well as some policymakers, have had to carry out a re-evaluation of the country’s safety readiness in respect of the possibility of subsequent occurrences.

The collaboration between trade body, the Ghana Insurers Association (GIA) and regulator, the National Insurance Commission (NIC), in the past few years has led to one of a mutually beneficial