Agyenim-Boateng Advocates for Insurance Partnership with SIC Insurance PLC
Mr. James Agyenim-Boateng, Acting Managing Director of SIC Insurance PLC, has called for state-owned enterprises to insure with SIC. He emphasized the company’s financial stability and timely claims. His visit to the Petroleum Commission aimed to forge collaboration and enhance SIC’s presence in the oil and gas insurance market.
Mr. James Agyenim-Boateng, the Acting Managing Director of SIC Insurance PLC, has urged state-owned enterprises (SOEs) to insure their operations with SIC Insurance PLC. This recommendation was made during a courtesy call on Madam Emeafa Hardcastle, the Acting Chief Executive Officer of the Petroleum Commission, at the Commission’s headquarters in Accra, as communicated in a statement shared with the Ghana News Agency.
In his remarks, Mr. Agyenim-Boateng emphasized that SIC Insurance PLC is financially robust, capable of paying claims promptly. His visit aimed at fostering closer collaboration with the Petroleum Commission and soliciting support from its Chief Executive Officer to ensure that SIC Insurance not only covers the Commission’s assets but also emerges as a key insurance provider within the oil and gas sector.
He expressed his commitment to reclaim significant insurance accounts that had previously been withdrawn from SIC Insurance PLC. Furthermore, Mr. Agyenim-Boateng encouraged Chief Executive Officers, particularly those within SOEs, to assist the state insurer in reinforcing its position as the leading insurer within the nation.
In summary, Mr. James Agyenim-Boateng advocates for enhanced collaboration between state-owned enterprises and SIC Insurance PLC. He highlights the company’s financial stability and timely claims payment, while also emphasizing the need for SOEs to support SIC in reinstating its market leadership in the insurance sector, especially within the oil and gas industry.
Original Source: www.ghanabusinessnews.com
