First National Bank Ghana and Hollard Insurance Ghana have announced an exclusive long-term bancassurance partnership in Ghana to jointly serve the fast-growing demand for insurance products and services.
Current and future customers of First National Bank Ghana can sign up for several of Hollard Insurance’s general insurance products, including Homeowners Insurance, Travel Insurance and Vehicle and Asset Insurance at any of the bank’s branches across the country.
“We have partnered Hollard in other markets and the result for our customers has been remarkable. Insurance distribution and sales is changing as are the needs of our customers. We believe under the combined efforts of both brands; Ghanaians will see the value in our product offering and protect what they value most,” said Dominic Adu, Chief Executive of FNB Ghana.
“Our plan is to widen the distribution network using our digital platforms to reach more customers and potential customers. We will make it very easy for our clients to buy any policy they want for their home or vehicle,” he added.
Also speaking at the launch of the partnership was Group CEO of Hollard Ghana, Patience Akyianu who noted that the partnership between FNB and Hollard Insurance is founded on similar corporate values shared by both companies.
“We both place the customer at the centre of all operations and are both committed to distributing products that enable our customers create and secure a better future. This collaboration will focus on value propositions which are customised to client needs. The benefits we are offering our clients are market leading, reaching the under-served and uninsured, using our combined suite of technologies will be a key game-changer,” she stated.
First National Bank Ghana is a member of the FirstRand Group of South Africa, one of the biggest financial organisations in Africa. First National Bank has a total of 11 branches in three regions in Ghana and is determined to bring its reputation of innovation and superior products to Ghanaians.
Hollard Insurance, formerly Metropolitan Insurance Company (MET) which operated successfully in Ghana for 25 years, is a subsidiary of South Africa’s largest privately-owned insurance group, operating in 18 countries including Ghana.
Hollard Insurance Ghana combines its deep local knowledge of the market with the world-class expertise of an international insurance brand. The company offers innovative insurance solutions customized to the unique risks Ghanaians face.
