Ghanaians can now access insurance services at Shell fuel stations as a result of a new partnership between Hollard Insurance and oil marketing company, Vivo Energy.
According to the Group CEO of Hollard Ghana, Patience Akyianu, the new partnership, dubbed ‘Hollard-On-The-Go’, will provide a one-stop-shop for insurance at selected Shell and Welcome Shops across the country starting with Adjiringanor, Airport City, Asokwa, Kasoa Amanfrom, Koforidua Highway, Kwadaso, Legon, Old Amakom, Tema Meridian, University of Ghana, and Western Bypass.
She said customers are guaranteed professional service and a full range of financial services by representatives of the company who will offer services including issuing insurance policies and materials, receiving customer premiums, making claims payments as well as taking customer complaints.
She said, “considering that the current penetration of insurance in Ghana is abysmal, just a little over 1% of GDP, there is a need to unwrap insurance from the traditional foil of rigidity.”
She added that under the partnership, “customers visiting selected Shell Shops can get travel Insurance, personal accident, home contents and motor insurance.”
She said the company will go by all Vivo Energy Safety and Health Awareness Guidelines, while employees of both companies work together in the various stations.
Managing Director of VIVO Energy, Hassan Ouattara, said the company is fully committed to creating new employment opportunities as well as developing new partnerships that will make positive impacts in the communities they operate in.
He said the company’s partnership with Hollard will bring insurance solutions to the Ghanaian public by providing more options and easier access to quality products and services to customers.
About Hollard Ghana
Hollard Ghana Holdings Limited was established to support the vision of becoming the country’s number one insurance group.
Hollard Insurance Ghana, formerly called Metropolitan Insurance Company (MET), operated successfully in Ghana for 25 years, until it was rebranded as Hollard Insurance Ghana in 2015, and Hollard Life Assurance Ghana, which started trading in 2018, are both subsidiaries of Hollard Ghana Holdings.
Hollard Ghana Holdings Limited is a subsidiary of Hollard International, which manages the international portfolio of the Hollard Group currently operating in 18 countries in Africa and Asia.
Hollard International’s vision is to aggressively grow its insurance businesses in Ghana by creating dynamic and consumer-oriented insurance solutions that meet the needs of all Ghanaians.
The Hollard Insurance Group, which was established in 1980, is today the largest privately-owned insurance group in South Africa with turnover exceeding $2.5 billion and assets in excess of $5.1 billion.
Besides South Africa, Hollard Insurance has thriving operations, partnerships and investments in Namibia, Mozambique, Ghana, Botswana, Zambia, Australia, China, India, Pakistan and the United Kingdom.
Hollard provides bancassurance expertise for banking licenses in Botswana, Zambia and Ghana, with Kenya, Tanzania, Uganda, Egypt, Mauritius, Seychelles and Zimbabwe in the pipeline.
Recently, the Tokyo Marine Group, the largest insurer in Japan and one of the world’s largest insurance groups, has partnered Hollard through the acquisition of a 22.5% stake in Hollard South Africa and Hollard International for an investment of R5 billion.
This gives the company access to Tokyo Marine’s global best practice in the areas of predictive analytics, robotics, risk management, underwriting and insurtech innovations.