Being an insurance broker in Ghana, one becomes a licensed professional who is knowledgeable and experienced when it comes to insurance and risk management.
If you are interested in venturing into the field of insurance brokerage, read this article till the end. All the information you need to know is here.
Read also: How to become a navy officer in Ghana
Who is an insurance broker?
A broker is an independent agent, who represents the buyer, rather than the insurance company and tries to find the buyer the best policy by comparison shopping.
What does an insurance Broker in Ghana do?
An Insurance broker in Ghana assists individuals to get the right insurance for themselves, their families, homes, and properties. With Organizations, insurance brokers help the business/industry procure insurance by enlightening them more on the benefit of getting a particular insurance.
An insurance broker in Ghana makes money (commission) through the number of clients they refer to an insurance company in Ghana.
Where can I find an Insurance Broker in Ghana?
There are many insurance brokers around, especially in Accra, but one thing you must know when going in for one is to know if he/she is a professional with licensed to operate by the Ghana Insurance Commission.
It’s easy to get access to insurance broking Companies in Ghana as they have been listed with their Names, contacts, Emails, and locations on the official website of the Ghana Insurance Commission.
How to become an insurance broker in Ghana?
The insurance industry in Ghana is governed by the Insurance Act 2006, ACT 724. This gives Ghana Insurance Commission the power to regulate the insurance industry in Ghana.
Hence, considering certain factors, you need to decide whether you want to operate your own company or join an existing company.
As a starter, it’s advisable to join an existing company, where you will gain much experience to start yours a few years later.
Making decision-based on the kind of insurance broker you want to be and the type of product you want to sell is keen.
This will help you know the kind of license to go in for. Put forward your licensing application and background checks and write the insurance license exams.
How to become a professional
One can also go the extra mile to become a professional by simply passing the licensing exams.There are also short courses that you can undertake in insurance.
Note: Venturing into this profession will need much experience, and you should also have a passion for it. You should have good communication and marketing skillswhich will help in selling your products or services to customers.
Have empathy skills too, thus being able to put yourself in the shoes of your customers.