Event report
CCIFG Hosts Inaugural Insurance Roundtable to Bolster Business Resilience in Ghana
CCIFG Hosts Inaugural Insurance Roundtable to Bolster Business Resilience in Ghana
The French Chamber of Commerce and Industry in Ghana (CCIFG) successfully convened its first-ever Insurance Roundtable on Wednesday, 22nd April 2026, at the Kempinski Hotel Gold Coast City Accra. Under the theme “Strengthening Business Resilience Through Innovative Insurance Solutions in Ghana,” the event brought together industry leaders, regulators, and corporate stakeholders to navigate a rapidly shifting economic and legislative landscape.
In her opening remarks, Maxine Reindolf-Partey, Managing Director of CCIFG, emphasized that the role of insurance has fundamentally changed. Amidst significant legislative shifts insurance is no longer a mere administrative task.
“The role of insurance has moved from a ‘back-office’ necessity to a boardroom priority,” Ms. Reindolf-Partey stated. “It is no longer just about risk mitigation; it is about strategic resilience.”
The roundtable was designed to move beyond the technicalities of premiums and focus on the strategic protection of business assets, ensuring that CCIFG members have the tools to protect human capital and secure long-term investments.
A primary focus of the discussions was the urgent need for robust cybersecurity insurance. With millions of dollars lost to cybercrime, including over $23.3 million reported by the BUC, stakeholders argued that the market must adapt to local digital risks.
William Wood of Edward Mensah Woods & Associates noted that while multinationals understand these threats, there is a significant gap in patronage among middle and low-level organizations. He affirmed that while the Ghanaian market is technically ready to provide these solutions, there must be a greater focus on tailoring products to local conditions.
Representing the National Insurance Commission (NIC), Mohamed Hafiz Issahaku outlined the regulator's vision for an “inclusive insurance” market. Since the start of 2025, the NIC has focused on three strategic pillars.
These include sanitizing the market to ensure fidelity and trust for those who purchase insurance, creating an enabling environment that allows innovative products to take center stage, and driving market growth through the development of products that support the evolution of the local business climate.
Key outcomes from the roundtable included enhanced regulatory clarity, with a deeper understanding of the 2026 GIPC Bill and its impact on the private sector. The event also fostered strategic dialogue, helping to bridge the gap between insurers, brokers, and corporate risk managers. Additionally, it reinforced investor confidence by highlighting insurance as a critical safeguard for private sector businesses and foreign direct investment.
As CCIFG continues to foster a vibrant business ecosystem between France and Ghana, this roundtable serves as a cornerstone for building a more secure and ambitious future for its members.
The event was made possible through the generous support of sponsors Sanlam Allianz, KEK Insurance Brokers, and Edward Mensah Woods & Associates.
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