Mr Richard Okyere, Director of the GIC.
The Countrywide Coverage Fee (NIC) as a result of the Ghana Insurance coverage University (GIC) is in the method of training 10,000 youth as Insurance coverage Profits Agents as an agendum for occupation development to in the long run direct to an improve in the insurance coverage penetration fee at present is below 2%.
This was disclosed by the Director of the GIC, Richard Okyere, in his point out of the Faculty handle during the 12th Convocation Evening meal and Awards Ceremony of the Higher education final 7 days.
He expressed delight by the point that the Faculty has due to the fact the starting of this 12 months, started off a capability setting up training programme for present Insurance Product sales Brokers of all Insurance policy Firms across the country which has the objective of equipping them to interact the insuring public in a additional qualified and moral method – a exclusive instruction module that integrates exercise and ethics of the insurance coverage trade.
He also used the opportunity to thank all critical stakeholders for their continuous guidance for the growth of human funds and the development of the market.
A Member of the Council of State and the quick former Main Justice, Mrs Justice Georgina Theodora Wood, who was the Visitor Speaker, challenged the graduands to exhibit professionalism.
Ex-Main Justice, Mrs Justice Georgina Theodora Wood, the Visitor Speaker
“Remember that you have been properly trained to realize the quality of excellence that would lead to sustainable market advancement. Of course, the Ghanaian people today would like to see accountable insurance policy pros imbued with a substantial feeling of integrity, fairness, faithfulness, transparency and diligence,’ she admonished.
She also proposed that the Higher education must integrate Dispute Resolution into its programmes as the “lack of great negotiation and other Alternative Dispute Resolution (ADR) skills amid practitioners have the tendency of impeding amenable settlement of insurance conditions out of court” as “there is an urgent will need to strategise to find techniques of minimizing insurance policies associated litigation in our already overburdened courts.”
In his remarks, the Commissioner of Insurance coverage, Justice Yaw Ofori, intimated that a vibrant insurance plan market depended mostly on the development of its human capital wants as a result, the position of the GIC as a halt hole in this regard.
He also known as on graduands to be disciplined in their selected career pursuits and that accomplishing tutorial and expert excellence in one’s career can only be certain as a result of unmatched integrity.
Mr Justice Ofori, Commissioner of Insurance
Learners who stood out in various modules during the tutorial calendar year were recognised and presented with particular awards with the Over-all Greatest College student prize going to Mr Fred Mensah Sarpong.
Some 92 pupils graduated with diplomas and certificates awarded jointly by the GIC and the Malta Worldwide Instruction Centre (MITC), Malta.
The GIC is the country’s premier skilled education institution for insurance policy experts and has since its institution in 2006 developed near to 300 Chartered Insurers (Associates) less than the Uk-primarily based Chartered Insurance coverage Institute (CII-British isles).
A Cross-section of Graduands
The GIC has a mission ‘to train, establish and mentor insurance coverage gurus to excel in the exercise of insurance policy profession’. Its principal stakeholders are the NIC, the Ghana Insurers Association (GIA), the Ghana Insurance coverage Brokers Association (GIBA) and the Chartered Insurance policies Institute, Ghana (CIIG).