IN-the-Know

Insurance in Ghana with Justice Peprah Agyei


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Justice Peprah Agyei is the Regional Manager of the National Insurance Commission in Ghana, a Chartered Property Casualty Underwriter (CPCU), and an Associate of the Chartered Insurance Institute of the United Kingdom and Ghana (ACII, ACIIG). He holds an MPhil in Enterprise Risk Management and Business Consulting from Kwame Nkrumah University of Science and Technology. In today's episode of the In The Know podcast, Chris Hampshire and Justice discuss insurance in Ghana and Africa and the positive ways his CPCU designation has impacted his career.

Key Takeaways

  • Highlights of Justice's professional journey into the insurance industry.

  • An overview of the insurance landscape in Ghana.

  • Two main contributors to the growth of personal insurance coverage in Africa.

  • The motivation behind Justice's app-technology approach to offering insurance.

  • Highlights of the commercial insurance growth in Ghana.

  • Justice details the impact of his letter to the president of Ghana regarding unemployment insurance during COVID.

  • The motivation behind Justice's articles and how he is benefitting the industry.

  • Justice outlines the ways his CPCU designation has benefitted his career.

  • The early career advice Justice wishes he would have known years ago.

Quotes

  • "Insurance is something interesting. It's something I can think of as my profession."

  • "Insurance education has grown very well in the past years."

  • "Penetration is still low, around 2%, but the coverage has gone up."

  • "This approach has made it easier even for those who are not educated in insurance."

  • "My CPCU designation is one of the great things that has happened to me in my insurance career."

  • "When I joined the CPCU, that's when the magic started."

...more
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IN-the-KnowBy The Institutes CPCU Society

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