The aid to transform and illuminate the insurance landscape in Sub-Africa, a one day marine insurance training session was held by Wapic Insurance (Ghana) Limited, for all its brokers in the Greater Accra region.
The programme which brought together key insurance brokers in the industry, was held in partnership with the Ghana Insurance College to discuss sustainable ways of boosting the underwriting of Marine Insurance in the Country.
Speaking at the session was the Managing Director of Wapic Insurance (Ghana) Limited, Mr Adedayo Arowojolu , who explained “the decision to hold the seminar is to equip the various insurance brokers in the industry with the necessary knowledge needed to effectively underwrite marine insurance business.
He further added that the marine insurance space remains to a large extent under-harnessed and has been experiencing a downward trend in terms of premium generation.
He added “the training program would help improved the contribution of Marine Insurance portfolio to the Gross Written Premium (GWP) of the insurance industry”.
Participants were taken through The Hague Rules, the Hamburg Rules and The Hague-Visby Rules.
Through a diverse portfolio of products and a commitment to providing the best customer experience possible, Wapic Insurance (Ghana) Limited has significantly enhanced its underwriting capacity placing it among the top insurance companies in Ghana by solvency and capital.
By: Sheila WILLIAMS
