GLICO Group and NIC Face Off in Thrilling Friendly Match

The much-anticipated friendly football match between GLICO Group Insurance Company and the National Insurance Commission (NIC) took place on 1st March 2024 at the St. Thomas Aquinas School Park, bringing together two of the most prominent institutions in Ghana’s insurance sector for an exciting display of teamwork, sportsmanship, and competitive spirit.

A Tradition of Friendly Rivalry

Building on the success of last year’s match, where GLICO Group secured a sweet victory, this year’s event promised even more excitement. The friendly rivalry between GLICO Group and NIC has become a cherished tradition, fostering camaraderie and mutual respect among industry professionals while promoting physical fitness and well-being.

The Build-Up

In the weeks leading up to the match, both teams were seen rigorously training, with players eager to showcase their skills on the pitch. The buzz around the match was palpable, with staff from both organizations showing their support and enthusiasm, not just for the sport but also for the opportunity to strengthen ties within the insurance community.

The Match

The game kicked off at 3:00pm at the St. Thomas Aquinas School park, with a lively crowd of supporters from both sides. The match was nothing short of thrilling, as both teams demonstrated exceptional skill and strategy. GLICO Group, coming off the momentum of last year’s victory, looked confident and well-prepared, while NIC was determined to turn the tables this time around.

The first half saw intense competition, with both teams creating several scoring opportunities. GLICO Group’s defense was particularly strong, keeping NIC at bay despite their relentless attacks. NIC, on the other hand, showcased their strategic play, making several attempts to break through GLICO’s defense.

In the second half, the pace of the game picked up, with GLICO Group taking advantage of a well-executed counterattack to score the first goal of the match. The crowd erupted in cheers, setting the tone for the remainder of the game. NIC responded with vigor, equalizing the score with a powerful strike that left GLICO’s goalkeeper with no chance.

As the match progressed, it became clear that both teams were evenly matched. The final whistle blew with the score at 1:2 in favour of NIC; a testament to the competitive nature of the game and the high level of sportsmanship displayed by both sides.

Beyond the Pitch

While the match was the highlight of the day, it also served as a reminder of the importance of collaboration and unity within the insurance sector. The event provided an opportunity for both organizations to interact in a relaxed setting, strengthening relationships that go beyond the workplace.

Speaking after the match, Mr. Edward Forkuo Kyei, Group CEO and the captain of GLICO Group’s team, expressed pride in his team’s performance and emphasized the value of such events in building a strong and cohesive industry. “It’s always a pleasure to compete with our regulators, the NIC. Today’s match was not just about winning but about celebrating the spirit of teamwork and friendship,” he said.

Similarly, Michael Kofi Andoh representing NIC, praised the sportsmanship and effort of both teams. “Matches like these remind us that while we may be regulators in business, we are united in our commitment to advancing the insurance sector in Ghana,” he noted.

A Continuing Tradition

The friendly match between GLICO Group and NIC has once again proven to be a highlight of the year, bringing together colleagues and fostering a sense of community within the insurance industry. As both organizations look forward to future encounters, the spirit of healthy competition and mutual respect continues to grow, ensuring that this tradition remains a cornerstone of the industry’s culture.

Whether on the pitch or in the boardroom, GLICO Group and NIC are set to continue their journey together, driving excellence and innovation in Ghana’s insurance landscape.

Mrs. Dorcas Naa Torshie Kane

Dorcas Naa Torshie Kane has been called to the Ghana Bar and is a member of the Ghana Bar Association.

She holds a Bachelor of Science Degree in Biochemistry from the University of Ghana. She obtained her Bachelor of Laws Degree (LLB) from the University of London, UK.

Prior to her appointment to her current role, she was a member of the Legal Department of GLICO Group Limited.

Dorcas is currently the Company Secretary for GLICO Group LTD and its six (6) associated companies namely GLICO Healthcare LTD, GLICO Life Insurance Company LTD, GLICO General Insurance Company LTD, GLICO Pensions Trustee Company LTD, GLICO Capital LTD and GLICO Properties LTD.

GLICO Staff Excel at Ghana Insurance College Graduation Ceremony! 

We are delighted to announce that 20 dedicated staff members from GLICO have successfully graduated from the renowned Ghana Insurance College. The graduation ceremony was held on Friday, 13th May, 2023, at the prestigious La Palm Royal Beach hotel.

Among the accomplished graduates, we proudly congratulate Elizabeth Quandzie, an exceptional employee of GLICO General, for earning the title of the overall best diploma student. Elizabeth's unwavering commitment to excellence and outstanding academic performance have earned her this well-deserved recognition. Congratulations, Elizabeth!

We would also like to extend our heartfelt congratulations to Shemima Ahmed, another talented individual from GLICO General, who secured the second-best position in the diploma program. Shemima's dedication and hard work have been duly acknowledged, and we commend her on this remarkable achievement.

In addition to celebrating the individual successes of our staff, we are honored to share that both GLICO Life and GLICO General have been presented with certificates of appreciation. This recognition highlights our invaluable support and contributions to the Ghana Insurance College over the past five years. We take pride in our significant role in shaping the future insurance professionals of our nation.

At GLICO, we take great pride in our staff members who possess a deep understanding of the insurance sector, its regulations, and best practices. This knowledge will undoubtedly enable us to better serve our clients, provide them with comprehensive insurance solutions, and ensure their financial security.

GLICO remains committed to nurturing talent and promoting professional growth within the insurance industry. We foster a culture of continuous learning and equip our staff with exceptional skills to provide the best customer experience. The achievements of our staff at the Ghana Insurance College reflect our dedication to excellence and ongoing efforts to develop exceptional professionals.

We extend our deepest gratitude to the Ghana Insurance College for providing a platform for our employees to enhance their knowledge and skills. We also appreciate all the instructors, staff, and management of the college for their guidance and support throughout this journey.

We invite everyone to join us in celebrating the success of our talented graduates. Their achievements serve as an inspiration to all aspiring insurance professionals and a testament to GLICO's commitment to excellence. Congratulations to our graduates!

GLICO Group: Providing Unmatched Insurance Services and Financial Solutions

In an unpredictable world where uncertainties loom large, having a reliable and trustworthy partner to safeguard your future becomes paramount. GLICO Group, comprising GLICO Life, GLICO Healthcare, GLICO General, GLICO Capital, GLICO Properties, and GLICO Pensions, stands tall as a beacon of security and financial stability. With an unwavering commitment to excellence, GLICO Group has emerged as a leader in the insurance industry, providing a wide range of comprehensive insurance services and financial solutions. GLICO Group is the ultimate choice for individuals and businesses seeking exceptional coverage and peace of mind.

Unparalleled Expertise and Experience

With over three decades of industry experience, GLICO Group has cultivated deep-rooted expertise and a profound understanding of the insurance landscape. Our vast knowledge base empowers us to deliver tailored solutions that meet the unique needs of our diverse clientele. By leveraging our extensive experience, GLICO Group ensures that our customers receive top-notch insurance services and financial guidance.

Comprehensive Range of Services 

One of the defining aspects of GLICO Group's success lies in our ability to provide a comprehensive suite of services under one roof. Whether you require life insurance, healthcare coverage, general insurance for your property or business, capital investment opportunities, pension planning, or real estate solutions, GLICO Group has you covered. This seamless integration of services eliminates the hassle of dealing with multiple providers and simplifies the customer experience.

Customer-Centric Approach 

At the heart of GLICO Group's philosophy is an unwavering commitment to customer satisfaction. We place immense value on building long-term relationships with ourcustomers by prioritizing their needs and exceeding expectations. Our team of dedicated professionals ensures that every customer receives personalized attention and prompt assistance throughout their journey. By providing transparent and reliable services, GLICO Group instills confidence and trust in our customers.

Financial Strength and Stability 

Our solid financial foundation is a testament to our credibility and reliability. We have-prudent risk management strategies and sound investment practices ensuring our business remains financially strong even in challenging economic climates. This strength enables us to honor our commitments and deliver on our promises, providing customers with the assurance that their financial security is in safe hands.

Technological Innovation

Recognizing the importance of staying ahead in a rapidly evolving digital landscape, GLICO Group continues to invest in cutting-edge technology. By embracing innovative solutions, the company streamlines its operations, enhances efficiency, and delivers a seamless digital experience to our customers. We have deliberately developed user-friendly online platforms to provide convenience to our clientele: the GLICO General WhatsApp underwriting platform, GLICO Life e-proposal and e-premium payment systems; GLICO Healthcare e-medicine and mobile applications; and GLICO Pensions e-enrollment and payment systems empower customers with convenient access to their policies, claims, and financial information.

Developing our People

At GLICO, we take great pride in our staff members who possess a deep understanding of the insurance sector, its regulations, and best practices. This knowledge undoubtedly enables us to better serve our clients, provide them with comprehensive insurance solutions, and ensure their financial security.

When it comes to insurance services and financial solutions, GLICO Group has set the benchmark for excellence. With a rich legacy of trust, an expansive range of services, a customer-centric approach, financial stability, and technological prowess, we at GLICO Group stand as the premier choice for individuals and businesses seeking comprehensive insurance coverage and financial security. 

By placing your trust in GLICO Group, you are not only safeguarding your future but also aligning yourself with a partner dedicated to your success. Choose GLICO Group today and embark on a journey of unparalleled protection and prosperity.

GLICO, we cushion you for life.

GLICO Group Achieves Triple Certification for Integrated Management Systems

The GLICO Group is proud to announce its success in passing the rigorous Stage 1 and 2 Audits for the Integrated Management Systems (IMS). These audits were conducted by accredited assessors, and as a result of this achievement, GLICO Group has been awarded the esteemed: ISO 9001, ISO 14001, and ISO 45001 certifications for its commitment to excellence in Quality Management, Environmental Management, and Occupational Health and Safety.

Setting New Standards in Management Systems

Obtaining these certifications signifies GLICO Group's unwavering dedication to not only meeting but surpassing industry standards in various domains. The ISO 9001 certification emphasizes the company's focus on implementing effective quality management systems to enhance customer satisfaction. ISO 14001 highlights GLICO Group's dedication to minimizing its environmental impact and promoting sustainable practices. Additionally, the ISO 45001 certification reflects the Group's commitment to ensuring the health, safety, and well-being of its employees, stakeholders, and the community.

A Comprehensive Approach to Excellence

The successful completion of Stage 1 and 2 Audits for the Integrated Management Systems is a testament to the GLICO Group's comprehensive approach to excellence. The thorough assessments evaluated the Group's processes, procedures, and practices to ensure alignment with internationally recognized standards. This achievement reinforces GLICO Group's position as an industry leader and showcases its ability to integrate quality, environmental, and safety considerations seamlessly into its operations.

Benefits Beyond Compliance

While achieving these certifications demonstrates GLICO Group's adherence to global standards, the benefits extend far beyond regulatory compliance. The integration of these management systems enhances overall operational efficiency, reduces risks, and fosters a culture of continuous improvement. Furthermore, this achievement underlines the Group's commitment to responsible business practices, contributing positively to both the environment and the community.

Future Commitments

With the ISO 9001, ISO 14001, and ISO 45001 certifications firmly in place, the GLICO Group is well-positioned to forge ahead on its path of sustainable growth and innovation. These achievements underscore the Group's dedication to consistently raising the bar for excellence, aligning its practices with evolving global trends, and adapting to the changing needs of its stakeholders.

The GLICO Group's accomplishment in passing the Integrated Management Systems Stage 1 and 2 Audits and subsequently earning the ISO 9001, ISO 14001, and ISO 45001 certifications is a milestone that reflects its dedication to excellence across multiple dimensions. By embracing quality, environmental responsibility, and occupational health and safety, the GLICO Group not only sets a benchmark for the industry but also paves the way for a more sustainable and secure future.

GLICO Life Demonstrates Commitment to Claims Payment with GH 15,000.00 Payout to Family of Late Military Officer

In a poignant display of its unwavering commitment to its policyholders, GLICO Life has stepped forward to extend a helping hand to the grieving family of the late military officer, Imoro Sheriff. The tragic incident of his lynching in Ashaiman sent shockwaves through the nation, prompting GLICO Life to stand beside the family during this difficult time by providing a GH₵ 15,000.00 payout. This compassionate gesture underscores GLICO Life's values of empathy, support, and dedication to its policyholders' well-being.

The loss of a loved one is an incredibly challenging ordeal, particularly when it occurs under such tragic circumstances. Imoro Sheriff's untimely demise shook the nation and brought attention to the need for collective compassion and support. GLICO Life, with its longstanding commitment to policyholders, recognized the importance of reaching out to the grieving family to provide both financial assistance and emotional comfort.

GLICO Life's decision to offer a GH₵ 15,000.00 payout to the family of Imoro Sheriff underscores the company's values of empathy and responsibility. This support aims to alleviate some of the financial burdens that the family may face during this difficult period, reflecting GLICO Life's dedication to providing a safety net for its policyholders in times of adversity.

Beyond being a provider of insurance solutions, GLICO Life prides itself on being a compassionate and caring partner for its policyholders. The company understands that its role extends beyond financial transactions and that it has a responsibility to stand by its policyholders when they need it the most. This GH₵ 15,000.00 payout serves as a tangible example of GLICO Life's commitment to its core values.

In 2022, the company paid claims to the tune of GH127,901,000.00, further reinforcing its commitment to its policyholders and their families.

In a hearfelt message to the family of Imoro Sheriff, Chief Sales Manager of GLICO Life, Mr. John Ekar Smart said,

"During this time of profound sorrow, GLICO Life extends its deepest condolences to the family of Imoro Sheriff. We understand that no amount of money can ease the pain of losing a loved one, especially under such tragic circumstances. However, we hope that this gesture can provide some relief during this difficult period. Our commitment to our policyholders goes beyond just insurance – it's about being there for you when you need it the most”.

GLICO Life's GH₵ 15,000.00 payout to the family of late military officer Imoro Sheriff stands as a powerful testament to the company's values and commitment to its policyholders. In times of tragedy and loss, GLICO Life's presence shines as a beacon of support and empathy, embodying its ethos of being more than just an insurance provider. As the nation rallies around the grieving family, GLICO Life stands in solidarity, offering both financial assistance and a heartfelt message of compassion.

GLICO Triumphs in Friendly Football Match Against National Insurance Commission

The spirit of camaraderie and sportsmanship took center stage on Friday, 17th February, 2023, as GLICO Group and the National Insurance Commission (NIC) engaged in an exhilarating friendly football match at the St. Thomas Aquinas School park. The event brought together employees, management, and leadership from both organizations, fostering a unique bond beyond the realm of business.

In a display of remarkable teamwork and skill, GLICO emerged victorious with a convincing scoreline of 2-0 against their regulatory counterparts. The match, more than mere competition, symbolized the harmonious relationship between GLICO and the NIC, reflecting a shared commitment to excellence in both the insurance industry and the realm of sports.

The Group CEO of GLICO, Mr. Edward Forkuo Kyei, graced the event with his presence, underlining the significance of such interactions in building strong industry ties. His enthusiastic support for the team and his dedication to fostering collaboration was palpable throughout the match. On the NIC side, Commissioner Mr. Justice Ofori led the team with equal fervor, showcasing the regulator's commitment to nurturing healthy industry relationships.

The match drew a sizable crowd, including staff members from both GLICO and the NIC, who cheered on their respective teams with unwavering enthusiasm. The atmosphere was charged with excitement and friendly competition, as players showcased their prowess on the field, engaging in both lighthearted banter and strategic gameplay.

Entertainment off the field was equally captivating, as Langabel and his jamma group ensured that everyone was treated to a delightful musical performance. The vibrant melodies and energetic rhythms added to the festive atmosphere, making the event an unforgettable experience for all in attendance.

The friendly match not only strengthened the bond between GLICO and the NIC but also highlighted the importance of work-life balance and the power of shared interests in fostering meaningful relationships. It served as a reminder that collaboration extends beyond boardroom discussions and can thrive in a setting as simple and universal as a football field.

As the final whistle blew, the real victory was the mutual respect, camaraderie, and strengthened partnership that emerged from this unique event. Both GLICO and the NIC have proven that healthy competition and cooperation can go hand in hand, setting a commendable example for the insurance industry as a whole.

The GLICO Group extends its gratitude to all those who participated and attended the event, reaffirming its commitment to excellence, teamwork, and building enduring relationships. Through initiatives like this, GLICO continues to transcend the conventional boundaries of business, fostering connections that are built to last.

Richard Oppong

GIZ signed onto GLICO Pensions-3rd tier from January 2013 up until date. We have enjoyed their services that has provided our staff with instant statements online where individual employees can go online to view their statement as and when required

Melody Obodai- HR Officer

“We sincerely appreciate your efficient, gracious customer service, the level of detail and accountability you have demonstrated over the past few years, and the way you conduct business. We have, and will continue to, recommend your service to other companies and contacts."

Executive Chairman's Message

With warm compliments from the Board, I welcome you to GLICO Group Limited.

We are a group of highly successful companies that cater to your insurance, financial and other needs. Presently made up of GLICO Life InsuranceGLICO General InsuranceGLICO HealthcareGLICO PensionsGLICO Capital, and GLICO Properties, GLICO's brands have become household names and giants in their chosen markets.

With thirty-five years of experience in the provision of services for sustained well-being, we strive to persistently deliver on our promise to our customers, return value on the investments of our shareholders, and delight our communities with bespoke life-enhancing interventions. Our employees are our most cherished asset and they provide the forte that anchors our sustained excellence in our chosen markets. Our intentional investment in systems and processes drives our vision to be a leading world-class organization.