Kofi Ahovi

  SIC Insurance Plc, Ghana’s first and largest indigenous insurance company, on Tuesday, March 10, 2026, announced the appointment of Ghanaian football legend and former Black Stars captain Stephen Appiah as its brand ambassador. The strategic partnership brings together two iconic Ghanaian brands united by a shared commitment to excellence, leadership, and national pride. As brand ambassador, Appiah will support SIC Insurance Plc in promoting insurance awareness, strengthening public engagement, and championing the importance of financial protection among individuals and businesses across the country. Appiah is widely regarded as one of Ghana’s most influential footballers, having captained the national team during one of the most historic periods in Ghanaian football, including the country’s first appearance at the 2006 FIFA World Cup. His leadership, discipline, and dedication have earned him admiration both on and off the pitch. Commenting on the partnership, the Managing Direc...

 Managing Director of SIC Insurance PLC, Hollistar Duah-Yentumi has formally handed over leadership to her successor, James Agyenim-Boateng at a ceremony held on Wednesday, February 12, 2025, at the company’s Accra Head Office. Duah-Yentumi’s one-year tenure saw remarkable financial and operational achievements, setting a high bar for the company’s future. Under her leadership, SIC Insurance posted an impressive GHS 513 million in revenue for 2024, a 37.48% increase from the previous year’s GHS 373 million. Profit after tax surged by 375.5%, reaching GHS 56 million, up from GHS 15 million in 2023. This financial surge bolstered the company’s return on equity, which jumped to 10.61%, up from 3.11% the previous year, offering promising returns for shareholders. In a move that reflects the company’s commitment to cost efficiency, management expenses as a percentage of insurance revenue dropped from 42% in 2023 to 34% in 2024. Duah-Yentumi attributed this success to a combination of st...