Best 6 reliable insurance companies of Ghana 2023

Defining an insurance company can sometimes be challenging. However, in simple terms, insurance guarantees to compensate for potential losses that individuals or groups may encounter in exchange for regular or fixed payments.

This article will discuss the leading 10 insurance companies in Ghana and highlight their key features.

1. State Insurance Company (SIC) SIC is a renowned insurance company in Ghana, with branches nationwide. With a substantial shareholder base of approximately 1400 individuals, SIC is a major player in non-life insurance products. They specialize in marine, accidents, oil and gas, and travel coverage. SIC is highly regarded for its exceptional customer service and professionalism.
2. Enterprise Insurance Company Established in 1924, Enterprise Insurance has been serving the country by offering attractive insurance packages. Their services aim to help clients manage physical and financial losses and secure their future. With branches strategically located throughout Ghana, Enterprise Insurance is dedicated to delivering life-changing results to its customers.
3. Hollard Insurance, Originally founded as Madison Insurance in 1993, diversified into various commercial and personal products. They provide various insurance options, including indemnity, bonds, fidelity guarantee, engineering insurance, transit goods insurance, fire insurance, burglary insurance, travel insurance, executive insurance, and personal accident cover. Hollard Insurance has offices in Kumasi, Tamale, Takoradi, and Tema.
4. Priority Insurance Company Considered one of Ghana’s most trusted insurance companies, Priority Insurance was ranked as the 3rd fastest-growing insurance company in 2014. With over 7 years of experience, they have a motivated staff dedicated to meeting all your insurance needs. Their product offerings range from motor insurance, transit goods insurance, indemnity, and 3rd party liability to advanced loss of profits, business interruption, bonds, fire insurance, theft, marine insurance, and construction insurance.
5. Activa Insurance As a member of the Pan-African Insurance group, Activa Insurance is the 7th largest insurance firm in Ghana. They are licensed to provide clients with comprehensive insurance services that protect their interests in various ways. Activa Insurance offers products such as accidental damage, personal accident, group accident, homeowners insurance, travel insurance, motor insurance, and 3rd party liability. Their main office is in Accra, with branches in Tamale, Takoradi, Tema, and Kumasi.
6. Metropolitan Insurance Metropolitan Insurance Company combines international exposure with a deep understanding of the local market to offer top-quality services to its clients. They provide risk and investment solutions tailored to the needs of their customers. Metropolitan Insurance offers a variety of products, including Group Funeral Umbrella, Master Plan Plus, Permanent Disability, Credit Life Plan, School Finance, Retirement, Cash Plan, and more. They have offices in Accra, Takoradi, Tarkwa, Akosombo, Kumasi, Obuasi, Weija, Tema, and Bibiani.

These insurance companies aim to protect individuals and businesses from potential financial risks. By securing coverage from one of these reliable companies, you can have peace of mind knowing that your life and assets are safeguarded.