GN Insurance to list on GSE

The management of GN Insurance Company Ltd, has indicated its intention to list on the Ghana Stock Exchange (GSE) within the next four years.
The move is part of an initiative to enable Ghanaians to own part of the insurance company, which is a subsidiary of Groupe Nduom (GN Group).

“We will like to list on the GSE for Ghanaians to own part of the company in the medium to long-term,” the Chief Executive Officer (CEO) of GN Insurance, Mr Albert Eyeson-Ghansah, told the media last Thursday in Accra when the company met with some insurance brokers in the country.

“We, therefore, encourage as many of you who may have any special needs for any clients to freely approach us to work together to develop appropriate insurance solutions.”

Beyond the listing, he said the management of the insurance company was also looking at private placement of equity funding in the short-term in anticipation of the new minimum requirement for insurance companies which was due before the end of the year.

Important partners

He indicated that GN Insurance recognised insurance brokers as important partners in its quest to provide protection for the things people valued.

“It is for this reason that, ahead of our official launch of the company in 2019, we have invited you for us to have a conversation about how GN Insurance could work together with you to provide value for the customer who buys an insurance product to solve one problem or the other.

The President of Groupe Nduom, Dr Papa Kwesi Nduom, said the group had already built a strong foundation on which stakeholders could rely.

“In everything we do, we start small and watch it grow and this is how GN Insurance has been set up to expand and grow beyond our borders,” he said.

Dr Nduom added: “We are not developing GN Insurance Company for foreign entities to take over but rather we want our brand to grow and become a good brand that will grow beyond generations,” he added.

BY: Maclean Kwofi

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