Atwima Nwabiagya MP pushes NIC for action on Ghana’s 1% insurance penetration

He demanded concrete interventions to boost public awareness, restore confidence in insurance products and extend coverage to underserved populations, particularly those in the informal sector.

While the Campus Care Initiative targets the campus population, the Sandbox Initiative allows insurance companies to test innovative solutions designed to meet the needs of the informal sector.

The Member of Parliament for Atwima Nwabiagya North, Frank Yeboah, has challenged the National Insurance Commission (NIC) to implement practical measures to increase insurance penetration, questioning the effectiveness of relying on regulatory directives to expand coverage.