The Vice-President, Dr Mahamudu Bawumia, will open the Annual General Meeting and Education Conference of the West African Insurance Companies Association (WAICA) on Thursday, May 5, 2022.
Being the Special Guest of Honour and keynote speaker at the event, which will take place at Labadi Beach Hotel, he is expected to speak on key areas of insurance in contemporary practice and the resilience with which the industry should be guided in its approaches in doing business.
On December 11, 2019, Dr Bawumia inaugurated the novel Motor Insurance Database (MID), which became one of the biggest game-changers in the insurance space in Africa after the software was rolled out in January 2020 by Ghana’s Insurance Regulator.
It is trite that Dr Bawumia has been at the forefront of the government’s digitisation plan since January 2017, with visible successes across several sectors of the Ghanaian economy.
The Insurance Industry in Ghana, which is set to host the entire Anglophone Insurance Chieftains of the Association, promises to have participants brainstorm to learn, unlearn and relearn.
About 400 delegates from Ghana, Liberia, Sierra Leone, Nigeria and The Gambia are expected to attend the conference under the theme: ‘The New Normal – Fact or Fiction? How realistic in the practice and spread of Insurance in West Africa?’
Foreign delegates for the conference are expected to start arriving on Wednesday, May 4, 2022, and will be honoured with a welcome cocktail party under the auspices of the National Insurance Commission (NIC), Ghana.
In a statement by the Commissioner of Insurance, Dr Justice Ofori, he said following the easing of restrictions on movements due to the COVID-19 pandemic; it is expected that foreign participation will be overwhelming.
The Secretary-General and Chief Executive Officer of WAICA, Mr William Coker, hinted that the registration of participants has been encouraging.
The conference is also expected to cover relevant topics on contemporary insurance practice hinging around the conference’s theme.
Some of the speakers include Saye Gbalazeh, Managing Director of Activa International Company in Liberia, currently the President of WAICA, and Winfred Dodzih, the Secretary-General of the ECOWAS Brown Card Insurance Scheme.
Meanwhile, the Leader of Ghana’s Insurance regulatory body, Dr Justice Ofori, will make a statement from the supervisory and regulatory perspective and how the industry can work in tandem with changing trends.
The WAICA Governing Council and the West Africa Insurance Supervisors Association (WAISA) meetings will also be held.
Additionally, the WAICA AGM and West Africa Insurance Institute (WAII) Governing Council Meeting will occur before rounding off the conference with a closing dinner on Friday, May 6, 2022.
The event is strictly by invitation.
- Former NDA CEO accuses successor of doctoring figures, forging his signature in ¢10m fraud case
- Arise Ghana hits the street today to protest poor economic conditions
- Photos: Osinachi laid to rest
- Government will withdraw e-levy if it’s not helpful – Kwaku Kwarteng
- 85% revenue has been lost due to E-Levy – African Network of Entrepreneurs CEO
- Jackie Appiah’s home leaves many speechless
- Social media users jubilate over E-levy flop
- Arise Ghana appeals High Court ruling on protest
- ‘E-levy not a bad tax; Ghanaians just don’t want to pay taxes’ – Gabby Otchere-Darko
- Texas migrant deaths: At least 46 found dead in abandoned lorry
Fidelity Bank records 32% increase in Profit Before Tax
BoG elected Vice Chair of African Financial Inclusion Policy Initiative
Luv FM High School Debate: St. Hubert competes with Opoku Ware
Tear gas fired at Arise Ghana demo
Ghana Post wins International award for Best EMS Customer Care
‘We don’t fix matches at Gold Stars’ – CEO responds to match-fixing allegations
Volta Division One Middle League kicks off
MTN Group climaxes its 21 Days of Y’ello Care Campaign
‘Comparing NDC to NPP is like comparing light and darkness’ – Sam George
Mastercard and Ecobank Group partner to digitise agricultural value chains in Africa￼
Arise Ghana Demo: ‘Step down if you can’t rule Ghana anymore’ – Protesters tell Akufo-Addo
Fidelity Bank wins 5 HESS Awards
Health Minister submits over 10 documents against Ato Forson in ambulance case
A/R: Criminal activities at Meduma on the rise
28 years of teaching but living on loans – Life of a teacher