The acting Commissioner of Insurance, Dr Abiba Zakariah, has charged insurance companies in Ghana to develop inclusive products that serve all demographics, especially those in the informal sector.
Delivering the keynote address a the inauguration of the newly constructed Insurance House in Kanda, Accra, Dr. Zakariah emphasised the need to promote financial inclusion by prioritizing underserved communities.
“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.
“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, emphasizing the call for insurers to do more in expanding coverage and deepening insurance penetration.
The President of the Ghana Insurers Association (GIA) and Managing Director of Ghana Re PLC, Mr. 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,” Mr. Aklasi stated.
Mr. Aklasi 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, Mr. 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.
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).
Special recognition plaques were presented to past GIA presidents and key figures who played instrumental roles in realizing the dream of Insurance House. These included Nana Agyei Duku, Mr. Max Kobina, Mr. Wilson Tei, Mr. Emmanuel Mahama Baba, and others.
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