• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, August 25, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Old Mutual Hints of Expansion Plans Across Ghana

July 6, 2022
Stephen M.Cby Stephen M.C
in Insurance
0
Old Mutual Hints of Expansion Plans Across Ghana

Old Mutual Ghana, a subsidiary of pan-African investment, savings, insurance, and banking group, has disclosed its plans to expand its footprint across the industry in Ghana within the next five years.

According to Helen Amerley Amarquaye, Board Chair of Old Mutual Ghana, this forms part of the organization’s effort to improve financial inclusion, as well as contribute to the growth and development of the insurance industry.

“Our focus is to get scaled and expand across the country. We are a company focused on financial inclusion and we have a whole lot of expertise. We have also been in the Ghanian market for 10 years and for us it is making sure that we use our expertise to create more scale and bring more people on board.”

Helen Amerley Amarquaye

Ms. Amarquaye moreover, noted that the organization is constantly keeping up with current trends in order to be competitive in emerging markets.

RelatedPosts

Insurance Spending Rises as Density Hits GH₵202, But Penetration Still Alarmingly Low

NIC Launches Bold Insurance Plan to Protect Ghana’s Informal Sector

VAT Hits Non-Life Insurance with 21.9% Rate — Deloitte Calls for Urgent System Overhaul

“The insurance sector is constantly evolving so we have had bancassurance and also the influx of insure-tech which means the use of technology to make insurance more accessible to a wider audience and that is what we are we want to make sure that we are part of it.”

Helen Amerley Amarquaye

Ms. Amarquaye made this known when the company paid a courtesy call on the leadership of the National Insurance Commission (NIC)- the industry regulator.

Commissioner for the National Insurance Commission, Dr. Justice Ofori, praised Old Mutual Ghana for its consistency in providing the most innovative insurance products to its customers, while also contributing to the development of the insurance market.

Dr. Ofori commended Old Mutual for being a compliant business and meeting the new minimum capital requirement for insurance businesses. He stated that plans are in the place to train industry participants on how to properly comply with the new Insurance Act of 2021. The New Act, which replaces the Insurance Act, 2006 (724), serves as the legal instrument for the regulation and supervision of the insurance market.

The New Insurance Act, Rich in Content

The Commissioner stated that the new Act is rich in content, thus, the need to educate industry players on its implementation and ultimately protect policy and ensure that they get the right products and derive value for money.

“We also want to work on the new Act. We are going to take the industry through the Act and let them know what is new and what should be expected from the Act so that they can be guided accordingly. They have copies but normally people won’t get time to read so we are going to have some training for them so that they can appreciate it and also abide by what it says.”

Dr. Justice Ofori

Albert Oko Dagadu, Technical Head at Old Mutual Ghana, reiterated that Old Mutual’s goal is aligned with the commission’s goal of providing clients with the right product at the right price.

“It was interesting to hear the commissioner mention that top of their priority is protecting policy holders and ensuring that they get the right products and derive value for money. And at Old Mutual, one key metric is ensuring that our policy holders get value for money and since I have been with Old Mutual, the value for money is very apparent.”

Albert Oko Dagadu

Mr. Dagadu stated that Old Mutual’s goal is to introduce new products, and as a strategic drive to push annuity sales.

“The objective is to ensure that annuitants and retirees especially have a guaranteed income for life and do not have to worry about their future income when they retire and that’s one main objectives of Old Mutual life to ensure our policy holders get the value they require on our products.”

Albert Oko Dagadu

READ ALSO: Turnover Declines on a Reduced Volume of Transactions

Tags: Insurance ExpansionOld Mutual
Please login to join discussion
Previous Post

Super Falcons Super Star Asisat Oshoala Ruled Out Of WAFCON 2022

Next Post

Shatta Wale Can Never Prevent Me From Marrying Kofi Adjorlolo – Shatta Wale’s Mother

[mc4wp_form id="1264"]

Related Posts

Taylor Swift Announces New Album, ‘The Life of a Showgirl’
Entertainment

Taylor Swift Shows Endless Love for Bad Bunny

August 25, 2025
Galamsey Fight Demands Policy Beyond Law Enforcement
General News

Galamsey Fight Demands Policy Beyond Law Enforcement

August 25, 2025
Hezbollah Deputy Asserts Group’s Military Capability After Israeli Strikes
Asia

Hezbollah Leader Rejects Calls For Disarmament

August 25, 2025
Botswana Declares Health Emergency Amid Drug Shortages
Africa

Botswana Declares Health Emergency Amid Drug Shortages

August 25, 2025
Solar Energy Most Economically Viable for Nigeria’s Power Mix – REA Boss 
Extractives/Energy

Solar Energy Most Economically Viable for Nigeria’s Power Mix – REA Boss 

August 25, 2025
Okyeame Kwame Idolises David Dontoh for His Influence
Entertainment

Okyeame Kwame Admits Hunger Split Akyeame Group

August 25, 2025
Taylor Swift Announces New Album, ‘The Life of a Showgirl’
Entertainment

Taylor Swift Shows Endless Love for Bad Bunny

by Esther Korantemaa OffeiAugust 25, 2025
Galamsey Fight Demands Policy Beyond Law Enforcement
General News

Galamsey Fight Demands Policy Beyond Law Enforcement

by Silas Kafui AssemAugust 25, 2025
Hezbollah Deputy Asserts Group’s Military Capability After Israeli Strikes
Asia

Hezbollah Leader Rejects Calls For Disarmament

by Comfort AmpomaaAugust 25, 2025
Botswana Declares Health Emergency Amid Drug Shortages
Africa

Botswana Declares Health Emergency Amid Drug Shortages

by Lawrence AnkutseAugust 25, 2025
Solar Energy Most Economically Viable for Nigeria’s Power Mix – REA Boss 
Extractives/Energy

Solar Energy Most Economically Viable for Nigeria’s Power Mix – REA Boss 

by Prince AgyapongAugust 25, 2025
Okyeame Kwame Idolises David Dontoh for His Influence
Entertainment

Okyeame Kwame Admits Hunger Split Akyeame Group

by Esther Korantemaa OffeiAugust 25, 2025
Taylor Swift Announces New Album, ‘The Life of a Showgirl’
Galamsey Fight Demands Policy Beyond Law Enforcement
Hezbollah Deputy Asserts Group’s Military Capability After Israeli Strikes
Botswana Declares Health Emergency Amid Drug Shortages
Solar Energy Most Economically Viable for Nigeria’s Power Mix – REA Boss 
Okyeame Kwame Idolises David Dontoh for His Influence
[/vc_row_inner]

Recent News

  • Taylor Swift Shows Endless Love for Bad Bunny
  • Galamsey Fight Demands Policy Beyond Law Enforcement
  • Hezbollah Leader Rejects Calls For Disarmament
  • Botswana Declares Health Emergency Amid Drug Shortages
  • Solar Energy Most Economically Viable for Nigeria’s Power Mix – REA Boss 
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.