GIBA holds health walk to mark 30th anniversary (PHOTOS)

Members of the Ghana Insurance Brokers Association (GIBA) last Saturday organised a health walk and medical screening as part of year-long activities marking 30 years of the association.

The walk which began from the premises of the National Insurance Commission (NIC) saw members parading to the Danquah Circle; through the Osu Oxford Street, to Osu Presbyterian Church, Osu Cemetery, through to the Ridge roundabout and back to the NIC premises for the aerobics session and screening.

Speaking to the media after the walk, the Vice-President of GIBA, Mr Shaibu Ali, said the theme for the celebration is '30 years of Insurance broking in Ghana, the achievements and the challenges'.

According to him the association has over the years achieved a lot but there are still so many challenges therefore the health walk and medical screening was an exercise to put members in good health to be able to handle the challenges ahead.

Mr Ali also used the occasion to appeal to the public to purchase insurance products from registered brokers as they would get the requisite information to guide them.

He said brokers are working hard but there is the need for an attitudinal change on the insurance industry and urged the public to call brokers for information on the best deals and pricing policy.

“Brokers have helped clients solve very difficult claims that the main insurance companies would not have accepted. They have also helped to reduce premiums as we offer relevant advice on options available”, Mr Ali said.

He said insurance is changing by the day and the ordinary motor or fire insurance have now been improved and reintegrated with new emerging risks such as cyber risk amongst others.

Mr Ali said there is the need for an attitudinal change such that people would see the need to voluntarily buy insurance for their lives and properties.

He added that insurance penetration in Ghana is low because apart from compulsory insurance policies only few people purchase insurance products and this, he said, can be attributed to inadequate disposable income and the negative perceptions of insurance policies.