Enterprise Insurance Company Limited (EIC) has a rich history that traces back to 1924 when it began as the Royal Exchange Assurance Corporation of the United Kingdom, operating in the Gold Coast. It later transitioned into Guardian Royal Exchange Assurance Ghana Limited (GREG) before adopting its current identity as Enterprise Insurance Company Limited. Today, EIC functions as a subsidiary of Enterprise Group PLC, maintaining its legacy of innovation and client-focused services. The company holds the unique distinction of being the only rated member of the Chartered Insurance Institute of Ghana (CIIG) Hall of Fame. It was named the “General Insurance Company of the Year” at the 2023 CIIG Awards for the second consecutive year, affirming its leadership in Ghana’s non-life insurance sector.
Marking its 100th anniversary under the theme “Celebrating Our Legacy, Securing Your Future,” Enterprise Insurance showcased its historical significance and ongoing commitment to innovation and excellence. During its centenary celebrations, the company emphasized digital transformation and strategic partnerships as pillars for addressing evolving customer needs while enhancing trust and reliability. The Acting Commissioner of Insurance also commended EIC for its significant contributions to shaping Ghana’s insurance landscape.
Enterprise Insurance’s pioneering “Same Day Claims Payment Service” exemplifies its financial strength and dedication to superior customer service. This initiative ensures minor motor claims are settled on the same day, a notable achievement for the industry. In 2023 alone, the company paid over GHS 120 million in claims, solidifying its position as the largest claims payer in Ghana’s insurance market.
At the Ghana Business Standards Awards 2024, Enterprise Insurance was recognized as the “Innovative Insurance Brand of the Year,” further highlighting its success in leveraging technology and innovation to provide unmatched services in the insurance sector.