Regal Reinsurance Brokers has officially launched in Ghana, opening an office at Achimota, Mile 7, in Accra, according to a report by The Multimedia Group.
Specialising in all lines of insurance for clients in Ghana and abroad, Regal Re is regulated by the National Insurance Commission of Ghana and the State of Georgia (USA).
Backed by a strong network of reputable insurance providers and A-rated insurers, the firm is well-equipped to offer comprehensive coverage to clients worldwide.
Regal Re aims to become a leading reinsurance brokerage firm, recognised for its expertise, innovation, and commitment to securing clients’ futures.
Peter Kwarteng, Founder and CEO, highlighted the company’s focus on delivering exceptional value and client satisfaction: “To achieve this, Regal Re is fortunate to have a team of experienced brokers ready to meet the market’s demands. We are committed to leveraging our extensive market knowledge and strong relationships to negotiate favorable terms and competitive pricing for our clients.”
Charles O. Mills, Group General Director, emphasised the importance of capacity building in the industry: “Training is going to be our hallmark, and for the reinsurance sector, we also intend to empower local reinsurance companies to build better capacity with reduced costs of acquisition.”
Stella Jonah, Head of Supervision at the National Insurance Commission, noted the vast opportunities in Ghana’s re/insurance markets: “If five companies carry between 10 to 20 percent of the performance figures in the insurance brokerage sector, you can tell there is potential. And so we are quite eager for Regal Re to come up and show what they have.”
