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07.05.2012 Business & Finance

Success comes in shades of Red and Blues…at GLICO Life

By Myjoyonline.com
Mr. Kwame Achampong-Kyei, Executive ChairmanMr. Kwame Achampong-Kyei, Executive Chairman
07.05.2012 LISTEN

Twenty five years in the life of an indigenous Ghanaian company is no mean achievement. Many are the companies that are set up and, in no time, vanish from the business landscape or are acquired/merged with other companies.

The story of GLICO LIFE is one of perseverance, commitment to duty, dedication, loyalty and a firm trust in GOD. GLICO LIFE, then Gemini Life Insurance Company Ltd, started operations in 1987 as a specialist provider of life insurance services. In that period, the life insurance industry in the Ghana was virtually dormant.

Mr. Kwame Achampong-Kyei, the stalwart man behind GLICO LIFE, left his comfort zone in Britain to set up a life insurance business, because he believed that “A man cannot sit on another's sun and shine”. So, he decided to walk into the dark and light up his own lamp by returning home to start a company and contribute to the economic development of his country.

Today, GLICO LIFE has grown from a single business unit specializing only in life insurance, to a Group status. It now boasts of six distinct business enterprises comprising GLICO Life Insurance Company Ltd (GLICO LIFE), GLICO Financial Services Ltd, GLICO General Insurance Company Ltd, GLICO Healthcare, GLICO Properties Ltd, and GLICO Pensions Trustee. GLICO LIFE is now a one stop shop for insurance and financial services.

The pertinent question worth asking is: How did GLICO LIFE achieve success in the midst of challenging business environment? Click here to read complete profile of GLICO.

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