The SIC Insurance PLC on Wednesday paid a non-motor insurance claim of more than $1 million to the Volta River Authority (VRA) in Accra for the explosion of the feed water pipeline to the boiler of the authority's Heat Recovery Stream Generator at Aboadze, Takoradi, in the Western Region.
The claim was paid under the VRA's Asset All Risk Policy.
Presenting a cheque to the Chief Executive Officer (CEO) of VRA, Edward Ekow Obeng-Kenso, the Acting Managing Director of SIC Insurance PLC, Mr James Agyenim-Boateng, said the payment of the claim was a testament that SIC was always committed to its obligations and prioritises customer satisfaction. "SIC is reliable, we cherish our relationship with our customers, we serve with integrity, excellence and professionalism and what we are doing here at VRA is a testament to that," he said.
Mr Agyenim-Boateng said this was not the first time that SIC Insurance PLC was honouring such an obligation to the VRA. "In 2021, SIC Insurance PLC paid $4.3 million to VRA in insurance claim for one of its generators that was insured with us.