News Details
Imperial General Assurance opens new branch at Weija
Imperial General Assurance has opened a branch in Weija to enhance service delivery to existing and potential clients within the area and its environs with their insurance products.
The opening of the branch forms part of the company’s strategic plan to set up new branches in other locations across the country in order to bring its products and services to the doorstep of all existing and potential clients.
In his speech, the Managing Director of Imperial General Assurance, Mr. Robert Wugah, announced that the company has met the new minimum capital requirement of GHC 50 million set by the National Insurance Commission (NIC).
He said the new capital injection into the company has positioned it to expand its operations across the country to serve the needs of the insuring public.
“In furtherance to our expansion drive, our Tema and Takoradi branches have also been relocated to ultra-modern offices. These offices have adequate number of staff and resources to respond to the increasing demand for our insurance products in these markets.”, he added.
The Head of Core Supervision at the NIC, Ms. Rita Apau who represented the Head of Supervision said the opening of the Weija branch will bring about growth and expansion that will make the company solid and sustainable.
Touching on some of the interventions the NIC is implementing to sanitise the insurance industry, she said the Commission, in line with enhancing Market Conduct supervision, is enforcing the Claims Guidelines which provide general timelines for the timely settlement of genuine claims.
“With the creation of the Motor Insurance Database, the Commission is determined to enforce compliance with the set market motor rates and also actively enforce strict compliance with the No Premium, No Cover directive.”, she added.
Imperial General Assurance is a wholly-owned Ghanaian insurance company that handles all kinds of general insurance businesses.
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