Subsidiaries

GLICO Group has six subsidiary companies operating in various industries and collectively providing one-stop-shop bespoke products and services to their numerous customers.

The companies which are performing exceptionally in their respective industries include: GLICO Life , GLICO General , GLICO Healthcare, GLICO Pensions, GLICO Capital and GLICO Properties.

Apart from these core subsidiary companies, GLICO Group also has strategic interests in Golden Link Savings & Loans, G-Food among others.

  • GLICO Life
  • GLICO General
  • GLICO Healthcare
  • GLICO Pensions
  • GLICO Capital
  • GLICO Properties

The company, which was incorporated in 1986 and started operations in 1987 as a specialist life insurance company is regarded as the mother company of all the subsidiary companies.

As a specialist life insurance company and with a vision to bring life insurance to the doorstep of every Ghanaian household, GLICO Life, through hard work, dedication and commitment, has over the years grown and developed into a reputable and resourceful insurance company. GLICO Life has reinvigorated the life insurance industry in Ghana as a major pacesetter.

Through sound and prudent business management practices, backed by an unwavering commitment to innovation, integration and delivery of customized products and services, GLICO LIFE has built a strong financial base that enables it to meet the needs of all its stakeholders.

The company has won numerous awards including being twice adjudged Insurance Company of the Year by the reputable Chartered Institute of Marketing, Ghana and continues to strive for greater excellence.

It was the second company incorporated in 2006 under the Group to operate in the non-life sector of the insurance industry. It is currently the fifth largest insurance company in terms of market share in Ghana.

The company is committed to providing measured and highly responsive insurance solutions with emphasis on prompt claims payment and deploys a state-of-the-art software to accomplish its efficient service delivery.

GLICO General is an award winning company and a prominent member of the Group. The company provides tailor made products for a number of blue chip policyholders in the country and has insured some of the major projects at the national level.

It was the first Health Maintenance Organization (HMO) incorporated in Ghana after the enactment of the National Health Insurance Act 2003 (Act 650), to offer the Ghanaian public affordable and quality healthcare.

GLICO HEALTHCARE operates as a private commercial health insurance company that has over the years offered medical cover to various customers including international agencies, Governmental and Non-Governmental Organizations, corporate institutions, students, tourists, individuals and families in Ghana.

The Company’s goal, which it has largely achieved, is to offer the Ghanaian public competitive and quality health care through a network of reputable service providers, including private hospitals and clinics, Government hospitals, Mission hospitals, Optical centers, Dental clinics and Pharmacies.

The Company is guided in its operations by best industry practices to ensure that it provides quality health care to its enrolled members.

GLICO HEALTHCARE’s customer service delivery is next to none in the industry.

It was incorporated in 2010 and licensed by the National Pensions Regulatory Authority (NPRA) as a corporate trustee under the National Pensions Act, 2008 (Act 766).

GLICO PENSIONS customizes pension schemes to suit the different needs of the various segments of the working population and currently has three key products to cater for the 2nd & 3rd tier pensions.

It is the number one pensions trustees company in Ghana to have been recognized by the regulator as having met all regulatory requirements.

The Company is also the number one Corporate Trustee for Tier 2 pensions management with a 20% market share in terms of the number of registered Tier 2 companies.

It was incorporated in 2003 as a specialist Fund and Asset Management company of the Group. It is licensed by the Securities and Exchange Commission (SEC) to carry out business as an Investment Advisor.

GLICO Capital is the financial partner that brings expert advisory services, deep technical knowledge and extensive industry experience on fund management and wealth creation.

It currently serves the market with services such as corporate restructuring, Mergers and Acquisition, Due Diligence, Fund management, Research & Analysis among others

It was originally incorporated in 2005 as Millennium Real Estate Investments to be a key player in the booming real property development in Ghana.

The company has developed and manages two flagship properties that provide luxurious apartments to the international and Ghanaian business class.

GLICO Properties manages a land bank of the group and continues to embark on landed property projects to meet corporate and individual needs.

GEMINI Court

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