Market

Enterprise Insurance Company extends its “Same Day Claim Payment” policy to Kumasi

Enterprise Insurance Company (EIC), the nation’s leading and largest private general insurance company has extended its new policy, “Same Day Claim Payment” to Kumasi, the Ashanti regional capital.

 

Under the policy, clients whose motor vehicles are comprehensively insured with the company will have their minor motor claims paid, at a threshold of GHC5, 000, on the very same day they lodge a claim.

 

 

The new payment claim service was first introduced in Accra in 2018 by EIC, and its aim is to gain back the public’s confidence of offering insurance services in the country.

 

 

During the launch in Kumasi on Wednesday, July 20, 2022, the Head of Same Day Claims, Bernice Davis, said the new service aims at improving the claims practice in the insurance sector, and it’s the first of its kind in Ghana.

 

 

She explained that “in the event of a claim, all one needs to do is to get a repair estimate from their mechanic or vendor, drive the damaged vehicle to any branch of Enterprise Insurance for inspection and get their valid claim paid on that same day”.

 

 

“Insured vehicles with broken windscreens, damaged bumpers, broken head or tail lights as well as dents will be required to present their repair estimates for their claims to be processed and paid,” she added.

 

Bernice Davis was of the firm belief that the ‘Same Day Claim Payment ‘package for motor claims will go a long way to challenge other insurance firms to come up with more innovative products that would help deepen insurance penetration.

 

 

She also said the new claims package by the EIC attest to the fact the company is financially stable to withstand any claims at any level and assurance to their brokers and clients of receiving their claims at expressed and convenient ways.

 

 

The Managing Director of Enterprise Insurance Company, Mrs Ernestina Abeh, noted that 7, 500 customers has since benefited from the ‘Same day Claim Payment’.

 

 

Mrs Abe said the new service has made a bold statement to their customers and the general public about the company’s financial robustness and readiness to go the extra mile to meet the expectations of their customers.

 

 

The Ashanti Regional Director of the National Insurance Commission, Kofi Baffour Sencherey, in officially launching the service, admitted that the Same Day Claim Payment has been a game changer in the insurance industry.

 

 

He explained that it has help in erasing the notion that insurers in Ghana are reluctant to pay claims, and indeed “Enterprise Insurance has already set the pace in paying claims promptly with the introduction of ‘Same Day Claim Payment’”.

CLICK HERE TO DOWNLOAD PRESS RADIO MOBILE APP

 

He therefore asked other insurance companies to also come up with policies and services that will enhance the effectiveness in the payment of claims to their customers.

 

 

Source: Ghana/otecfmghana.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

Related Articles

Back to top button