NIC publishes list of insurance companies in good standing

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