Chairman of SIC Insurance Company assures long term sustainability
The Chairman responsible for the Board of Directors of SIC Insurance Company, Dr Ben Jimmy Heymann says it’ll ensure a long-term sustainability and value creation to its shareholders and important stakeholders.
Speaking at the 13th virtual Annual General Meeting, he said that the Board and Management are regularly responding to fresh industry and market conditions.
According to him, they do this for continuous improvement that’ll inure to the benefits of shareholders and the insuring population as a whole.
“The company has been resilient amidst the numerous difficulties that they faced in the year 2019. There’s the need to appreciate all the shareholders and cherished customers of the company for their high sense of patronage and commitment”, he said.
This he said, has enabled the company go beyond the 100% target set for the year under review by recording a Gross Premium of Gh211million representing 14% share of the market. “This is a high sense of hope that there are brighter days ahead”, he added.
In his final submission, Dr Jimmy Heymann stated that, “the number one objective of the Board is to ensure responsible corporate management purposely to achieve a long-term growth while simultaneously maintaining effective corporate control.
” We as industry leaders, the onus lies on us to lead the way and push for compliance with with all regulatory requirements to strengthen Ghana’s insurance industry”, he added.