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Liberty Investments Ltd, now GLICO Capital Ltd, was incorporated to provide financial services in Ghana in the areas of fund management, corporate finance and corporate advisory services.
GLICO LIFE partnered with Care International Ghana to become the first company to operate a micro-insurance scheme in Ghana. The Company began selling customized micro-insurance products to informal sector workers through successful partnership with rural and community banks.
GLICO GENERAL was incorporated and licensed under the then newly promulgated Insurance Act, 2006 (724) and started operations as a non-life insurance company providing tailored and highly responsive insurance solutions on the market.
GLICO LIFE received the first of many “Business & Financial Excellence Awards” for contributions towards the growth of the financial sector in the Ashanti Region of Ghana.
With the successful start of GLICO HEALTHCARE and GLICO GENERAL’s operations in 2004 and 2006 respectively and the sterling performance of GLICO LIFE, the parent company, GLICO Group Ltd., was incorporated to provide support for the two companies and other subsidiary companies that were to be incorporated.
GLICO Pensions Trustee Company was formed following the coming into force of the new National Pensions Act, 2008 (Act 766), with the objectives of providing third party administrative services, corporate trustee services and developing unique pensions products for both the formal and informal sectors.
GLICO GENERAL was adjudged by Ghana Club 100 (GC100) as the second highest ranked insurer in the non-life category of the insurance industry
Ernst & Young awarded the Executive Chairman of GLICO GROUP, Mr. Kwame Achampong-Kyei, “Entrepreneur of the Year”
GLICO LIFE celebrated 25 years of excellence in the life insurance operation under the theme, “25 Years in Business: Our customers; our focus.”
Two new GLICO branches – East Legon and Wa offices – were opened to add on to the vast branch network of the company.
GLICO Pensions Trustee Company formally started operations to manage 2nd & 3rd tier pensions.
GLICO LIFE and GLICO GENERAL were rated “B” by Standards and Poors (S&P), a US based International Rating Company.
GLICO HEALTHCARE launched its 10th Anniversary Celebration under the theme, “10 Years of Pioneering Private Health Insurance in Ghana: Our Success; our stakeholders”.
GLICO Group officially opened its Airport Office for business to serve the needs of customers within the Airport, East Legon and surrounding areas.
GLICO Group was awarded a “Top Brand” by Premier Brand as the only insurance Company in Ghana to make it to the list of “Ghana’s 40 Most Valuable Brands”.
Mr. Kwame Achampong-Kyei, Founder & Executive Chairman of GLICO Group, was inducted into the “Entrepreneurs’ Hall of Fame” by Ernst & Young.
GLICO LIFE and GLICO GENERAL received Gold awards by the Ashanti Financial Excellence Awards for contributions towards the financial development of the Ashanti region.
GLICO HEALTHCARE was awarded as “The Private Healthcare of the Year” by the Legendary Healthcare Awards.
GLICO GENERAL launched its 10th Anniversary Celebration under the theme, “10 Years of Creating Value: Our stakeholders; our all”.
Mr. Kwame Achampong-Kyei, Founder & Executive Chairman of GLICO Group, was conferred an Honorary Doctorate Degree by the London Graduate School in recognition of his extremely valuable achievements and contributions in leadership towards the workplace and the business environment.
GLICO Financial Services Ltd. was rebranded to GLICO CAPITAL to reposition itself as a much stronger player on the market specializing in wealth management for both institutional and individual clients.
GLICO PENSIONS became the number One Corporate Trustee for Tier 2 pensions management with a 20% market share in terms of the number of registered companies.
The Business Initiative Directives (BID) awarded GLICO HEALTHCARE with the International Arch of Europe Award for Quality and technology; Gold category.
GLICO HEALTHCARE entered the Ghana Investment Promotion Centre’s (GIPC) Ghana Club 100 rankings at number 41; being the first private health insurance company to attain that height.
The Executive Chairman of GLICO Group, Dr. Kwame Achampong-Kyei, was
awarded for his “Outstanding contribution, in the field of insurance, to the economic development of Ghana”, as part of the Ghana @ 60 event celebrations by Top Brass.
GLICO HEALTHCARE was ranked number sixteen by the GIPC Ghana Club
100 Ranking table. It was also awarded for being the 3rd Fastest Growing Company and Leader in the Healthcare Insurance Sector.