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Star Assurance Company Ltd

Insurance

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Star Assurance Company Ltd

Overview

Star Assurance Company Limited (“Star Assurance”) a member of the Star Assurance Group, is a privately owned Insurance Company incorporated in August 1984 and licensed to carry out corporate and retail insurance businesses in Ghana. It commenced in April 1985. Star Assurance, which started business as a composite Company had to hive off its life business by setting up a subsidiary Company, StarLife Assurance, in compliance with the Insurance Law 2006, Act 724. Star Assurance consequently underwrites only general business products including Motor, Fire, Marine, Aviation, Accident, Travel Insurance etc. Within Thirty-Seven (37) years of its operations, Star Assurance has emerged as the biggest indigenous private insurance enterprise in terms of assets and indeed among the top five (5) insurance companies in Ghana in terms of premium income. The Company has twenty-one (21) branch offices in nine (9) out of the sixteen (16) Regions, with the remaining seven (7) serviced by our Agency offices. We therefore have representation in all the regions of Ghana. Star Assurance is rated AA- by Global Credit Rating of South Africa. The Company is a member of Ghana Club 100 – a group of blue-chip companies in Ghana and the 2016 CIMG General Insurance Company of the year. Star Assurance has received several awards.