CILAG members urged to prioritise ethical practices – NIC boss

The Acting Commissioner of Insurance, Dr Abiba Zakariah, has reminded members of the Chartered Insurance Ladies Association of Ghana (CILAG) to underwrite and practise insurance with integrity.

“The first duty as professional insurance ladies especially is to underwrite with integrity and not allow themselves to be cowered into doing unhealthy practices for negative things, lest they be remembered as weak professionals,”

She made this known during her address at the launch of CILAG’s 10th anniversary, held at the auditorium of the National Insurance Commission (NIC) in Accra on April 10, 2025.

The Acting Commissioner, who is also a founding member and the first President of CILAG, urged members to contribute to the sanitization of the insurance industry, one of the new strategic pillars in regulatory policy and to join in the conversation around market penetration.

She further encouraged them to be part of the broader success story of bringing Africa and the world to Ghana through insurance-focused discussions.

She added, “Women perform 60% of the world’s work and produce 50% of the food yet earn only 10% of the income. Whether the issue is poverty, improving education in the developing world, or fighting global climate change or addressing nearly any other challenge we face, empowering women is critical if we want to succeed. Women have abilities that are far beyond our thoughts and capabilities.”

Dr Zakariah urged the ladies to embrace current technological trends to become better versions of themselves as professionals.

Francisca Karikari, CEO of Glorygate Capital and an experienced figure in the insurance sector, served as chairperson for the event.

She commended the association’s leadership, under its President Nicholina Naa Yeye Aduamuah, for its efficiency and achievements.

These include the annual orphanage project, the establishment of an awards scheme for the best female student at the Ghana Insurance College (GIC), and the organisation of health and wellness webinars for members.

She also highlighted CILAG’s instrumental role in the formation of the African Insurance Women Association (AIWA).

Mrs. Karikari encouraged members to “continue attending events and participate in activities to network, learn and relearn to advance their careers.”

Speaking on the sidelines of the launch, President of CILAG, Nicholina Naa Yeye Aduamuah, shared the association’s vision which aims to promote integrity and support among professional insurance women, encouraging their growth up the corporate ladder.

She emphasised that beyond personal development, CILAG also aims to uplift others through mentorship programmes.

Aduamuah also mentioned that while the association receives some financial support from industry players, raising funds for their projects remains one of their biggest challenges.

In congratulating the association on its 10th anniversary, Ms. Rebekah Ratliff, Vice-President of the North American Insurance Association (NAIA) and special guest at the event, expressed NAIA’s readiness to collaborate with CILAG and the broader Ghanaian insurance industry.

The event was also attended by patrons and executives of CILAG, the Deputy Commissioner of Insurance, Bernard Ohemeng Baah, the President of the Young Insurance Professionals, Lawrence Daniels, and the CEO of the Chartered Insurance Institute of Ghana, Elsy Adadey.

Other distinguished guests included Davis Iyasere, Secretary-General of the West African Insurance Companies Association (WAICA), Faris Atrikie, Managing Director of Priority Insurance, and CEOs of several insurance companies.



MA