CIIG Legal Committ Concludes Work On Chartership

11 February, 2019

Reverend Asante Ahenkorah Marfo, President of the Chartered Insurance Institute of Ghana (CIIG) has revealed that. The Legal Committee of the institute has completed work on the draft bill in August last year after which the institute have had some engagement with the National Insurance Commission (NIC).

The President made this revelation during the second edition of the "President Cocktail" at the forecourt of the IC a fortnight ago. He indicated that the commissioner has asked for time to make some inputs. However, he indicated that he has received the necessary amendments from the commissioner and the finalized bill will shortly be forwarded to the Ministry of Finance.

More importantly too Ahenkrah Marfo, stated that making the profession truly diverse and inclusive requires action 'from everyone across company's and across job titles. Indeed, he said, last year, his appeal to the various companies to support the institute by joining as Chartered Corporate Institutions have yielded some good response.

So far, Corporate Institutions that acknowledge the call include Activa International Insurance Company Ltd, Akoto Risk. Management Ltd, Donewell Insurance Company Ltd, Donewell Life Insurance Company Ltd, Edward Mensah, Wood &Associates, Enterprise Insurance, Enterprise Life, Ghana Life Insurance Company,

Ghana Reinsurance Company and Hollard Insurance Ghana Ltd. The rest are Imperial General Assurance Company Ltd, Insurance Solutions Ltd, KEK Insurance Brokers, KEK Reinsurance Brokers Ltd, Loyalty Insurance Company Ltd, Mainstream Reinsurance Company Ltd, Metropolitan Life Ghana Ltd, Midas Insurance Brokers Ltd, Old Mutual Life Assurance, Prime Insurance Company Ltd, RegencyNem Ghana Ltd, Risk Management and Advisory Services Ltd, SIC Insurance Company, SIC Life Company Ltd, Star Assurance Company Ltd, Star Life Assurance Company Ltd, Tri- Star Insurance Services Ltd,

MiLife Company Ltd, Vanguard Assurance Company, Vanguard Life Assurance Company Visal Insurance Brokers and Willis Towers Watson Ghana Ltd.

"I passionately appeal to all the insurance industry companied to become Chartered members and to let their staff know that they, as an institution, value and want to promote professionalism. By setting good examples, we shall be mindful to check unprofessional and unethical practices within our companies as well."

. He said more professionally qualified and nonprofessionally qualified workers within the industry who have not yet joined needed to be roped in, to represent what actually pertains in our market. and refer such people to the secretariat for registration.

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