By Kofi AHOVI UT Insurance, a subsidiary of UT Financial Services (UTFS), is expected to receive its license from the National Insurance Commission, the statutory regulator of the insurance industry before the end of this year. According to Budu Koomson, Director of Operations of UTFS, the commission is certified with the proposal submitted by the company, but it is only waiting for the reconstitution of its board which was dissolved as a result of a directive from the government. Koomson hinted that venturing into various aspects of business is in fulfilment of making UTFSL a one stop shop in the country. UTFSL has posed a competitive challenge in whichever business discipline it ventures into. Recently it acquired majority shares in BPI bank and has transformed its financial outlook. Currently, there are about 39 insurance companies in Ghana. In a related development, UT Bank, formerly BPI, has posted marginal gains in June, this year as against its previous bad performance which war...