President and Chairman of Groupe Nduom (GN), Dr Papa Kwesi Nduom, has revealed that GN Insurance, a member of the GN Conglomerate, will soon float shares to enable interested members of the public own shares in the company.
He made this disclosure while addressing insurance brokers at a cocktail event dubbed: “An Evening with Brokers,’ organised by GN Insurance at the plush Coconut Grove Regency Hotel in Accra last week.
According to him, the board and management of GN Insurance were putting in place all the necessary paperwork for an easy take-off when the time was due.
“There is no doubt that in the early stages of every endeavour there will be one or two challenges which we are ready and capable of handling it.
“You should believe in us because we have been there before, one of our companies, GN Bank, began with just one branch, but now has over 300 branches in Ghana alone—there is GN Bank in Togo, Benin, Ivory Coast, Liberia and Chicago, USA”, Dr Nduom said.
He admitted that the country’s financial sector was facing some challenges.
However, he said his recent “Stop The Panic Withdrawal” tour gave him glimpses of hope and assurance that the sector will bounce back sooner than anticipated.
To this end, Dr Nduom assured the general public that GN entities would continue to work with clients who will remain committed to them.
For his part, the Chief Executive Officer (CEO), GN Insurance, Mr Albert Ghansah, explained in an exclusive interview with Today that his outfit was a client-entered one.
“You see gone were the days when insurance companies wait till it was time for renewals that they get in touch with their clients. We are going to be in touch with our clients on constant bases to ensure regular interaction with our clients,” he assured.
“As an insurance company, we are there to cushion and mitigate stress clients go through in times of difficulties and not to compound the aggravated situation for them, especially in the area of claims payment,” Mr Ghansah said.
“We at GN Insurance will ensure that there is a ‘hustle free’ claims payment when the need arises,” he further assured.
Story: Franklin ASARE-DONKOH
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