Unique Insurance honours insurance agents

Unique Insurance Company Limited has rewarded its ten best performing insurance agents with a call on agents in the industry to help build a formidable relationship between their client and the company.

Presenting the citations to the deserving agents at a ceremony in Accra, Mr Obeng-Adiyiah, Managing Director of the Company, said: “The new phase of Unique Insurance is to create a strategic partnership with our agencies and clients.

“We want to build a relationship between the company and our clients such that the client will feel part of the business and it is not just creating value for ourselves but will have to create value for our clients.

“We do that through our intermediates, the bookers and the agencies and our strong marketing team spread over the country.”

The 2015 agents’ appreciation ceremony was aimed at thanking the company’s agents nationwide for their outstanding performance during the financial year.

In 2014, the Company made approximately GH¢ 6.3 million revenue and hopes to achieve about GH¢ 9 million by the end of 2015.

“As at 30th November, 2015 we have already achieved GH¢ 8.4 million, and as at the end of November we do not have outstanding claims, we have settled all claims and do not have any outstanding claims to be made,” Mr Obeng-Adiyiah said.

The company expects to grow by 40 per cent by the end of 2015 through the collaboration with brokers and agencies in particular.

“I think we have the least broker business relationship- I mean most of our businesses come from our agents because we want to nurture and grow with them that is how come we are appreciating our agents.

“We want to appreciate them for what they have done so far, we want to sit, talk and listen to their concerns and then get them addressed so that they can outperform what they did this year. In 2016 we want to double up and grow faster than we did last year,” Obeng-Adiyiah said.

He urged the agents to endeavour to reach out to the unreached, “as that is our core business; and this technology and innovation we are bringing on board is going to help the upper and the middle class market as well, so even though we have segments in our market, we are attacking all fronts.”

He said “we have established these medium of reaching out each market so we have our agencies, our branch , our staffs going out, we have our brokers and we have this website which is on trial and we are going to launch come early next year.”

Unique Insurance which operates about nine branches nationwide will unveil a new multipurpose website next year to enable people to make their claims, fill and submit their proposal forms and submit their claims and demand via the internet.

Unique Insurance (UIC), incorporated in October 1999 and licensed by the Ghana National Insurance Commission to underwrite General Insurance businesses, is a member of the Ghana Insurers Association.

Its shareholders include the Ghana Mine Workers Union, Jislah Financial Holdings, the Ghana National Association of Teachers and some individuals.

It is affiliated to the International Co-operative and Mutual Insurance Federation (ICMIF) with the secretariat based in Manchester, United Kingdom.

The ICMIF is represented in about 72 countries by 200 insurance companies and controls 30 per cent of the global insurance market and Unique Insurance Company Limited is the only member from Ghana.