Insurance plays a crucial role in protecting individuals, families, and businesses from unforeseen losses. Whether it’s life insurance, health coverage, or property protection, choosing the right insurance provider in Ghana can be challenging. In this updated 2025 guide, we bring you the top 10 insurance companies in Ghana, based on reputation, service quality, and customer trust.
1. Enterprise Insurance Company
Founded in 1924, Enterprise Insurance was Ghana’s first publicly listed insurance firm. It offers general, life, trustee, and funeral services, and is known for its long-standing reputation and innovative insurance solutions.
Key Services: Life, property, trustees, funeral
Location: Accra
Website: www.enterprisegroup.net
2. State Insurance Company (SIC)
SIC is a top provider of non-life insurance in Ghana with over 14,000 shareholders. It offers services in travel, marine, oil, gas, and more.
Key Services: Travel, accident, marine, property insurance
Location: Accra
Website: www.sic-gh.com
3. StarLife Assurance Company Limited
One of Ghana’s top life insurance providers, StarLife offers investment-driven life insurance packages tailored for families and businesses.
Key Services: Life insurance, investment policies
Location: Mankata Avenue, Accra
Website: www.starlifeassurance.com
4. Saham Insurance
Now part of Sanlam, Saham is a Pan-African insurer with over 37 years of experience offering both life and non-life products.
Key Services: Life, health, auto, property insurance
Location: Accra
Website: www.sanlam.com
5. Activa International Insurance
A member of the Globus Network, Activa is among the fastest-growing insurance companies in Ghana, offering custom business and personal policies.
Key Services: Motor, fire, marine, engineering insurance
Location: Accra
Website: www.activainsurancegh.com
6. Hollard Insurance Ghana
Hollard offers personal and commercial insurance with excellent customer service and accessibility.
Key Services: General insurance, life, motor, home
Location: Nationwide branches including Ashaiman
Website: www.hollard.com.gh
7. Allianz Insurance Ghana
A subsidiary of the German Allianz Group, this company brings global insurance solutions to Ghana with strong local compliance and service.
Key Services: Life, motor, property, and travel insurance
Location: Accra
Website: www.allianz-gh.com
8. Metropolitan Life Insurance Ghana
Metropolitan Life focuses on educational, investment, and health policies for Ghanaians.
Key Services: Life assurance, education and investment plans
Location: North Ridge Crescent, Accra
Website: www.metropolitan.com.gh
9. Nationwide Medical Insurance
A private health insurance company known for offering comprehensive healthcare coverage to individuals and organizations.
Key Services: Health insurance plans
Location: Accra
Website: www.nationwidemh.com
10. GIBIC Ghana
The Global Institute of Islamic Banking, Insurance and Consultancy combines Sharia-compliant insurance with financial consulting services.
Key Services: Takaful (Islamic insurance), consultancy
Location: Hall Avenue, Adabraka
Why This List Matters (Optional Section):
Choosing the right insurer ensures financial peace of mind. These companies have been selected based on licensing by the NIC, customer feedback, and innovation in service delivery.
What is the best life insurance company in Ghana?
StarLife Assurance and Metropolitan Life are among the best for life coverage.
Which insurance company is the oldest in Ghana?
Enterprise Insurance, established in 1924.
Is private health insurance common in Ghana?
Yes, companies like Nationwide Medical Insurance lead the space.
How can I verify if an insurance company is licensed in Ghana?
Visit the National Insurance Commission (NIC) website for a full list.
Conclusion:
Insurance protects what matters most. Whether you need health, life, or property insurance, Ghana has numerous licensed providers to choose from. Use this guide to make an informed decision in 2025 and ensure your financial future is secure.