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Indemnity Insurance: Compulsory for all professional institutions-SIC

,Mr Faris Attrickie, General Manager, Technical Operations of the SIC Insurance Company PLC, has stated that it is a must for all professional Institutions to have professional indemnity insurance under the new Insurance Act, 2021 (Act1061). According to Section 216 of the Insurance Act 2021 (Act 1061), (1) โ€œAn employer…
Faris Attrickie Francis Ameyibor Insurance Company Tema Ghana News Agency Regional Office Ghana News Agency Safety Campaign

Commercial belongings must be insured against fire-SIC

Mrs Cynthia Kwarteng Tufuor, Tema Area Manager, SIC Insurance PLC has disclosed that the Insurance Act made it mandatory for all commercial property to be insured against fire since such fires come with allied perils and public liability challenges. She said Public Liability Covers were meant to provide third parties…
Cynthia Kwarteng Tufuor Irwin Cofie Francis Ameyibor Cynthia Twumasi Ghana News Agency Tema Regional Ghana Trade Union Congress

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SIC strengthen pillars of partnership with customers-Mrs Tufuor

SIC Insurance PLC has disclosed that in view of the poor insurance penetration in the country, it has stepped-up efforts to strengthen the pillars of partnership with customers so that individuals and public entities are not disadvantaged. Mrs Cynthia Kwarten Tufuor, SIC Tema Area Manager who also has oversight responsibility…
Francis Ameyibor Cynthia Twumasi Cynthia Kwarten Tufuor Ghana News Agency Tema Regional Ghana Trade Union Congress Area Manager

'It is mandatory for employers to insure employees' – SIC

It is compulsory for employers with 15 or more employees to insure their liability under the Insurance Act, 2021 (Act 1061). They can also insure under the Workmenโ€™s Compensation Act, 1987 which indemnifies an employer against legal liability for injuries to employees resulting from accidents occurring in the course of…
Amarh Amarfio Gilbert Sam Irwin Cofie Cunthia Kwarten Tufuor Francis Ameyibor Cynthia Twumasi

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