“We have to regulate and ensure that all products meet the necessary standard protocols so that we get value for money.”
He added that government intervention will be critical in ensuring that local producers can compete fairly.
Disclaimer: "The views expressed on this site are those of the contributors or columnists, and do not necessarily reflect insureghana's position. insureghana.com will not be responsible or liable for any inaccurate or incorrect statements in the contributions or columns here."
InsureGhana Research Desk
Providing independent intelligence and guidance for brokers across West Africa.
Related News
Understanding Motor Vehicle Insurance in Ghana: Types, Benefits, and What to Do When a Claim Occurs
Understanding Motor Vehicle Insurance in Ghana: Types, Benefits, and What to Do...
Liberia: Establishing an Independent Regulator and Financial Integrity
The insurance sector in Liberia is on the brink of a crucial transformation, shi...
What is Cyber-Insurance? What You Need To Know
Cyber insurance is crucial for limiting the effects of digital attacks. However,...
Need tailored insurance coverage?
Whether it's marine, motor, or property, our brokers can help you get the best quote in minutes.
Get a Free Quote →