GLICO GENERAL is acknowledged to be the dynamic industry pace setter that provides innovative and customized underwriting and risk management solutions for the widest possible range of non-life insurance needs.
Since the start of operations in 2006, the company has been able to attract blue-chip clients, and has on its client-list top multinationals with operations in Ghana.
Additionally, it has experienced and skilled management and staff who work hard to achieve the desired results with the direction of a Board of Directors composed of distinguished business executives. This has placed GLICO GENERAL in a unique position to handle traditional insurance categories such as Accident, Fire and Motor, while carving out a niche for ourselves in more specialized business. These include Energy (oil and gas), Engineering and Marine insurance.
Year after year, GLICO GENERAL has been recording increasing financial growth. As at the end of 2011, premium income stands at over 25 million Ghana Cedis, showing a significant increase of about 144.91% over the past year, whiles the total claims paid was about 2.7 million Ghana Cedis.
GLICO GENERAL, as a result of hard work and a commitment to duty, has been awarded the A-Rating by the Global Credit Rating Company (GCRC).
Besides the GCRC rating, GLICO GENERAL ranks second in the category of non-life insurance companies on the list of the Ghana Club 100 – a group made up of Ghana’s best 100 private companies. Furthermore, it is among the first ten (10) most capitalized General insurance companies.
GLICO GENERAL was also the only non-life insurance company to receive the Business and Financial Services Excellence Award for 2010-11 instituted by the International Christian Business Excellence, Ghana.
GLICO GENERAL plays a leading role in the industry. With our massive capitalization and our collaboration with international partners, we have direct access to international markets including Lloyd’s of London. Our established reinsurance arrangements further empowers us to deliver service at the right time.
As a leading insurer of great repute, we have invested in the right ICT infrastructure and the right model for claims management that enable us to offer unrivalled service.
At GLICO GENERAL, we view every interaction with our clients as an opportunity to grow their confidence in our brand. Our strength lies in our dedicated customer services: – our ability to consistently deliver quality and speedy service to our clients; our ability to set benchmarked standards; and our ability to settle claims promptly and our ability to offer precise products and services to manage clients’ unique and evolving risks.