News & Events

  • Star Microinsurance strategises to dominate market.

    31 August 2017
    Posted by starmicro
    905 Views

    Star Microinsurance Services Limited, in a bid to take its rightful position as the dominant Microinsurance Company in Ghana, has held a two days Strategic session dubbed; “Business Growth Strategies” with Management and Non-Management Staff.

    During this Strategic meeting, the team was taken through various strategic topics such as Driving Motivation, Morale and Commitment as well as New Approaches to working with the use of Technology.

    The resource person, Mr. Michael Osikoya, who is a seasoned Strategic Management practitioner, urged the team to go the extra mile in all their endeavors.

    The new Executive Director, Mr. Kwame Asare Boakye, took the Team members through the new strategic focus of the company, which is to reach the 1,500,000 clientele base by end of 2018 from the current one million figures.

    The company is to achieve this objective by acquiring the state of Art Technology to drive customer service, sales, and premium collections and prompt payment of genuine claims.

    The Executive Director and Management also believe that in achieving this objective; Recruitment, Training and staff motivation are key success factors which will also form an integral part of the whole process.

    In spite of the repositioning process, the company paid genuine claims of over GH¢700,000.00 within the first half of 2017 to various institutions who have Loan Protection policy with the company and also to individual clients in the markets.

    Source: http://www.peacefmonline.com/pages/business/news/201708/325169.php

    https://www.myjoyonline.com/business/2017/August-28th/star-microinsurance-strategises-to-dominate-market.php

    https://www.ghanaweb.com/GhanaHomePage/business/Star-Microinsurance-strategises-to-dominate-market-574272

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  • The Importance of Agents In Microinsurance

    5 December 2016
    Posted by starmicro
    1117 Views

    The importance of agents in microinsurance cannot be overemphasized as they are the bedrock of every microinsurance institution worldwide.
    As part of its initiatives to improve upon its Agency, Starmicro is undertaking rigorous training of its sales executives on a constant basis across the nation. These training sessions are being organized by the Agency Management Unit Head, Ms Gifty Paditey.
    Starmicro seeks to build a very strong agency base in the nearest future. Individuals interested in joining the team should kindly call 0501328941 or 0263019143 for further details.
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  • The Nationwide Enrollment (FLIS)

    21 November 2016
    Posted by starmicro
    4396 Views

     Star Micro-Insurance officials explaining the policies to the Fishers folks

     

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    Some of the fishers registering to take up the policy

     

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    Registering of some fishmongers onto the policy

     

    The nationwide enrollment of the insurance scheme for fishers across the country is ongoing.

    According to the Project manager, Mr. Jesse Justice Asante Fordjour and his team said, the insurance package is making more impact in the lives of our fishers; and the enrollment is estimated to cover about 70% by the end of November, 2016 in fishing communities in Central, Western, and those along the Volta Lake such as Yeji, Bupe, Yape and many more.

    The Minister of Fisheries Hon. Sherry Ayittey as part of her visits to the fishing communities has been highlighting of the challenges that fishers go through in line of work and encourages all fishers to take the opportunity to insure themselves and their families.

    The  following landing beaches are been enrolled on the scheme;

    • Adina, Denu, Abeliakope, Sepenukope, Akligokope, Hedranawo, Dzegakope, Abgadzikope, Woe, Horvi, Vodza, Kedzikope etc in the Ketu South and Keta District.
    • Aplabaya, Azizanya, Totope, Ocansekope, Otorkpe etc in the Ada West and Dangme East District respectively.
    • Tema Newtown, Nungua, Teshie, La, Chorkor Bortianor and other landing beaches in Greater Accra.
    • Nyanyano, Senya Breku, Fetteh Wenniba, Apam, Ankaful, Elmina, Axim, Half Assini, Shama in the Central and Western Region respectively.

    This project when completed will provide an insurance coverage for over 200,000 fishers across the country.

     

    Source:PeaceFmOnline MyJoyOnline

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  • Insurance scheme launched for fishermen

    14 April 2016
    Posted by starmicro
    2537 Views

     

    The Ministry of Fisheries and Aquaculture Development in partnership with Star Microinsurance Services Limited have launched the Fishermen Life Insurance Scheme (FLIS) for fishermen across the country.

    Star Microinsurance is a specialized Microinsurance intermediary for Star Life/Star Assurance Company Limited.

    FLIS can be seen as a financial inclusion scheme intended for artisanal fishermen who seem to have been excluded from the formal financial services due to their income levels, levels of risk, nature of their business or level of financial literacy. The dangers associated with the activities of the fishermen (marine and inland fishing) require the need for affordable and accessible Microinsurance insurance solutions for them.

    The Fishermen Life Insurance Scheme (FLIS) is an innovative insurance product that seeks to provide insurance cover on the life of the fishermen and their fishing gears. The first pilot phase is currently on going in the Greater Accra, Western and Central region in selected landing beaches such as; Half Assini, Axim, Elmina, Shama, Ankaful, Apam, James Town and Aplabanya.

    The second pilot phase will cover Volta, Eastern, Brong Ahafo and Northern regions in selected landing beaches including; Woe and Adina, Dzemeni, Kpando, Abotoase, Nkwanta, Dambai, Bupe, Adawso, Akateng and Ekye Amanfrom. This project when completed will provide an insurance coverage for over 200,000 fishermen across the country.

    Source: MyJoy Online

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  • Star Microinsurance Donates to fire victims at Tudu Station market

    22 February 2016
    Posted by starmicro
    1401 Views

    A GHS 31,144.84 claim was presented to twenty- two Traders who fell victim of the March 28th fire that gutted the Tudu Station market. The traders who were loan beneficiaries of Ad₵vans Ghana Savings Ltd had their loans paid off by insurance. All loans disbursed by Advans Ghana Savings and loans have insurance cover against Death, Permanent Disability, Hospitalization and Fire & Allied perils and this policy is administered by Star Microinsurance Services Limited.

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  • Fisherman’s Life Insurance Scheme

    22 February 2016
    Posted by starmicro
    3044 Views

    Star Microinsurance Services Limited in partnership with the Ministry of Fisheries and Aquaculture Development on 1st December, 2015 launched the Fishermen Life Insurance Scheme (FLIS).

    The product protects fishermen against perils of the sea. The policy covers natural or accidental death of fishermen as well as their fishing gears. At the launch, the minister of fisheries Hon. Sherry Ayittey highlighted some of the challenges that fishermen go through at sea and encouraged all fishermen to take the opportunity to insure themselves and their families. The product would be piloted within some selected fishing communities or landing beaches for three months starting from January 2016.

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  • Star Microinsurance launches Fisherman Life Insurance Scheme (FLIS)

    22 February 2016
    Posted by starmicro
    977 Views

    Star Microinsurance Services Limited in partnership with the Ministry of Fisheries and Aquaculture Development on 1st December, 2015 launched the Fishermen Life Insurance Scheme (FLIS).

    The product protects fishermen against perils of the sea. The policy covers natural or accidental death of fishermen as well as their fishing gears. At the launch, the minister of fisheries Hon. Sherry Ayittey highlighted some of the challenges that fishermen go through at sea and encouraged all fishermen to take the opportunity to insure themselves and their families. The product would be piloted within some selected fishing communities or landing beaches for three months starting from January 2016.

     

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  • Star Microinsurance appreciates their Savings and Loans customers

    22 February 2016
    Posted by starmicro
    1165 Views

    Star Microinsurance services ltd in appreciation of their Savings and Loans customer’s has organized a maiden Partners Breakfast meeting.

    The meeting was Chaired by the Managing Director of StarLife Assurance, Mr. George Kojo Addison. In his speech, he acknowledged the microfinance for increasing the Microinsurance penetration in Ghana through their institution as delivery channels. The meeting was attended by institutions like Opportunity international Savings and loans, Global Access, UniCredit,Ezi,Advans,Pacific,1st National,BestPoint,Dwadifo Adanfo, Express Capital etc. Also in attendance was Mr. Branko Wehnert, Project Manager, Microinsurance at GIZ Ghana.

     

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