Agyenim-Boateng Urges SOEs to Insure with SIC Insurance PLC

James Agyenim-Boateng, Acting MD of SIC Insurance PLC, urged state-owned enterprises to insure with SIC during a visit to the Petroleum Commission. He assured of the company’s stability, highlighted the need for collaboration, and expressed a commitment to reclaim significant accounts for SIC Insurance.

Mr. James Agyenim-Boateng, Acting Managing Director of SIC Insurance PLC, urged state-owned enterprises (SOEs) and institutions with state interest to insure their operations with SIC Insurance. This appeal was made during a courtesy visit to Madam Emeafa Hardcastle, the Acting Chief Executive Officer of the Petroleum Commission, at their head office in Accra.

During the meeting, Mr. Agyenim-Boateng highlighted the stability and strong financial position of SIC Insurance PLC, assuring that the company pays claims promptly. He expressed his intention to foster closer collaboration with the Petroleum Commission and emphasized the need for support in making SIC Insurance a significant player in the oil and gas insurance sector.

Mr. Agyenim-Boateng committed to regaining major insurance accounts that had previously been withdrawn from SIC Insurance PLC. He urged Chief Executive Officers, especially those of SOEs, to assist SIC Insurance in reinforcing its status as the leading insurer in Ghana.

In conclusion, Mr. Agyenim-Boateng’s call to state-owned enterprises emphasizes the importance of local insurance providers. His assurance of financial stability and commitment to regaining lost accounts signifies a strategic initiative to enhance SIC Insurance’s role in the industry. The cooperation between SOEs and SIC Insurance could lead to a strengthened insurance framework in Ghana’s oil and gas sector.

Original Source: www.ghanabusinessnews.com