How To Become A Insurance Broker In Ghana

An Insurance Broker is a person or company registered as an adviser on matters of insurance and as an arranger of insurance cover with an insurer on behalf of a client.

Below is How To Become A Insurance Broker In Ghana

Applicants can only be bodies corporate incorporated in Ghana. The application shall be
accompanied by the following;

Copy of Certificate of Incorporation

Copy of Certificate to commence Business

Copies of documents filed at the Registrar General’s Department showing the details of
shareholding structure and the Board of Directors

The details of each shareholder are as follows;

In the case of a natural person;

Name

Nationality

Country of residence

Qualification

Occupation

Comprehensive occupation/ employment history (without any gap)

Other businesses/shareholdings held

Police clearance certificates from country of residence in the case of foreigners and nonresident Ghanaians

Any other relevant information.

In the case of a body corporate,

Name

Nature of Business

Detailed group structure

Country of residence

Details of shareholders

Details of Directors

Financial Statement for the last five years and

Any other relevant information.

In the case of public companies, only significant holders owning 10% or more need to provide
their details).

CVs and completed Personal Questionnaire from each Shareholder, Director, Principal
Officers (at least 2) and proposed Chief Finance Officer.

How To Become A Insurance Broker In Ghana

What qualifications do I need for insurance broking?

To get taken on, most firms require GCSEs at grades 9 to 4 (A* to C), including English and maths, and A levels.

It is worth noting that a degree is not necessary to become an Insurance Broker.

However, large insurance firms do offer graduate schemes that could help kick-start your career.