Enterprise Insurance Launches Centenary Celebration

Management cutting the anniversary cake at the launch

 

Enterprise Insurance Company Limited, a leading insurance organization launched its centenary celebration yesterday in Accra under the theme, ‘Celebrating Our Legacy’.

As the first insurance company to publicly be listed on the Ghana Stock Exchange (GSE) in 1991, it has stood out as a pioneer in championing innovation in the insurance industry.

Managing Director, Enterprise Insurance LTD, Akosua Ansah-Antwi in her address said the company for 100 years has held a very high standard in delivering on its promises, earning the confidence of customers and becoming a beacon of reliability.

“In an industry where trust is paramount, we hold ourselves to a very high standard of delivering on our promises, earning the confidence of our customers. Our pioneering spirit in innovation within the non-life industry has given us an edge, allowing us to adapt and thrive in an ever-evolving marketplace,” she said.

“As we celebrate our 100th year, we take pride in our strengths—the superior underwriting ability, financial strength, operational efficiency, and digitalization initiatives that have positioned us as leaders in Ghana’s non-life insurance market,” she said.

“These strengths are a testament to the dedication and expertise of our well-qualified staff, whose commitment has been a driving force behind our success,” Akosua Ansah-Antwi added.

The Group CEO, Enterprise Ghana PLC, Daniel Larbi-Teikuon, said Enterprise Insurance has been at the forefront of General Insurance services, offering protection and peace of mind to individuals and businesses alike.

“From motor and home insurance to personal accident, travel, marine, assets-all-risk and a myriad of other business insurances, we have been the go-to insurer for generations” adding, “Our commitment to excellence, reliability, and innovation has set us apart, making us the leading insurer in the General Insurance industry”.

Acting Commissioner of Insurance, Micheal Andoh, said Enterprise Insurance has become a benchmark in terms of products, customer service, human capital management, and innovation backed by effective and efficient governance and risk management structures and systems.

“These among other factors, I believe have enabled the company to withstand the challenges and overcome the difficulties over a hundred years and still stands strong as a company today,” he said.

Mr. Andoh said the advancement in technology and Artificial Intelligence which is expected to transform insurance services delivery exposes the industry to cyber security risks.

To this, he stated that the National Insurance Commission, in recognition of the above is working on and will soon issue an Environmental, Social, and Governance (ESG) framework and a Cyber Security Directive to enable the insurance industry in the deployment of technology and innovation to facilitate growth.

The centenary celebration activities include media engagements, thanksgiving service, special events honoring of esteemed brokers and agents, community investment programs, and customer appreciation initiatives.

 

By Prince Fiifi Yorke