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    You are at:Home»News»Insurance House inaugurated; players challenged to serve informal sector
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    Insurance House inaugurated; players challenged to serve informal sector

    Papa LincBy Papa LincJune 23, 2025No Comments3 Mins Read2 Views
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    Some notable attendees at the inauguration Some notable attendees at the inauguration

    The Acting Commissioner of Insurance, Dr Abiba Zakariah, has called on insurance companies in Ghana to design inclusive products that serve all demographics, especially those in the informal sector.

    Speaking at the inauguration of the newly constructed Insurance House in Kanda, Accra, Dr Zakariah emphasised the pivotal role of insurance in national development.

    “The insurance industry must rise to the task. We cannot build a resilient financial sector without including the majority of our working population, market women, farmers, artisans, who remain largely uninsured,” she said.

    Dr Zakariah, who served as Guest Speaker, stressed that insurance should be made accessible to all segments of society.

    “No one should be left behind in terms of financial protection, inclusion, and security. The collective effort that brought this building to life must now reflect in how we serve the public,” she added.

    The President of the Ghana Insurers Association (GIA) and Managing Director of Ghana Re PLC, Seth Aklasi, hailed the project as a landmark achievement for the industry.

    “The Insurance House is more than a building, it’s a symbol of unity, resilience, and progress. It stands as a fiscal commitment to the growth and transformation of our sector,” Aklasi stated.

    He described the facility as a hub where “ideas will flourish, partnerships will be forged, and the relevance of insurance will be elevated as a national priority.”

    Also speaking at the ceremony, Benjamin Yamoah, Chairman of the Ghana National Bureau of the ECOWAS Brown Card Insurance Scheme and Managing Director of Activa International Insurance, lauded the vision behind bringing insurance institutions under one roof.

    “This is not just a space for administrative work, it should become a space of real transformation. The energy in this building must translate into action,” he urged.

    The three-storey, ultra-modern facility with a basement, located in Kanda, was designed and constructed by Spektra Global, a prominent Ghanaian architectural and construction firm.

    Company representatives gave a brief history of the project, highlighting the challenges and milestones along the way.

    Additionally, Goodwill messages were delivered by Presidents and Representatives of the Insurance Brokers Association of Ghana (IBAG), the Chartered Insurance Institute of Ghana (CIIG), the Actuarialy Society of Ghana (ASG), the West Africa Insurance Companies Association (WAICA), and the Ghana Insurance College (GIC).

    The dedication of the facility was performed by the immediate past Presiding Bishop of the Methodist Church, Ghana, Most Rev. Dr Paul Kwabena Boafo.

    Special recognition plaques were awarded to past GIA presidents and key figures who played instrumental roles in realizing the dream of Insurance House. These included Nana Agyei Duku, Max Kobina, Wilson Tei, Emmanuel Mahama Baba, and others.

    Notable guests at the event included former Commissioners of Insurance, Josephine Jennifer Amoah and Prof. Dr Justice Yaw Ofori, as well as the MCE and Assembly Members of Ayawaso East Constituency, and Godfred Abulbire, General Secretary of the GPRTU.

    The historic event was moderated by the NIC’s Head of Public Relations, Mawuli Zogbenu, who kept the program lively and informative.

    See pictures below:

    ID/MA



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