{"id":361969,"date":"2017-10-15T09:11:16","date_gmt":"2017-10-15T09:11:16","guid":{"rendered":"http:\/\/citifmonline.com\/?p=361969"},"modified":"2017-10-15T09:11:16","modified_gmt":"2017-10-15T09:11:16","slug":"maiden-national-general-insurance-conference-takes-place-oct-19","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/10\/maiden-national-general-insurance-conference-takes-place-oct-19\/","title":{"rendered":"Maiden National General Insurance Conference takes place Oct. 19"},"content":{"rendered":"
The Ghana Insurers Association (GIA), under the auspices of the General Insurance Council (GIC), will hold the first-ever National General Insurance conference on the 19th<\/sup> of October, 2017.<\/p>\n The event, set to take place at the Labadi Beach Hotel, Accra,will be on the theme:\u2018Transforming the General Insurance Industry through Self-Regulation, Financial Capacity and Business Innovation.\u2019<\/p>\n The conference will have the Hon. Ken Ofori-Atta, the Minister for Finance of the Republic of Ghana to deliver the Keynote address. It will be attended by delegates in the General Insurance industry, chief executives of insurance and allied industry, and officials from the National Insurance Commission, amongst others.<\/p>\n The objective of the Annual Conference is to create a national platform for discussing and addressing key issues that affect General insurance and to create awareness about General Insurance among policy makers and other key institutions and stakeholders in the country.<\/p>\n Ms. Aretha Duku, President of the GIA, said of the conference \u201cI look forward to fruitful discussions that would direct us as to how to fully utilize the benefits of self-regulation, improve our financial capacity and tap into the benefits associated with social media and technology\u201d<\/p>\n Commenting on the conference, Mr. Kwame Ofori, Chairman of the General Insurance Council said: \u201cThis Conference is a culmination of years of dreams and efforts by the General Insurance Council to tell the story of the impact of this line of insurance business on the lives and properties of individuals and on the country as a whole.\u201d<\/p>\n He goes on to reiterate that the conference theme is quite auspicious at this time in view of its focus on three thematic areas that have the potential of making the General Insurance industry better.<\/p>\n \u201cSelf-regulation has become one of the most powerful tools for instilling discipline, promoting healthy competition, and for avoiding stricter regulations in various industries worldwide. The Insurance Industry in Ghana cannot be an exception. The benefits of self-regulation are obvious.\u00a0 It can help us address a range of issues, \u201cfrom establishing industry standards, through developing and applying codes of professional ethics, to ensuring consumer confidence,\u201d Mr. Ofori said.<\/p>\n