Manual stickers cancelation will ward off fake stickers from middlemen – Marfo-Ahenkora
The President of the Chartered Insurance Insitute of Ghana, Reverend Asante Marfo-Ahenkora, says the cancellation of manual stickers by the National Insurance Commission (NIC) is a step in the right way direction.
The move, he says will put fake sticker certificate issuers out of business.
The NIC, in a letter, directed insurance companies to ensure that all vehicles will be captured on the Motor Insurance Database (MID).
The directive, which takes effect from January 20 has also asked all non-life insurance companies to return all unused manual stickers to the authority before the close of the day, January 24 for a refund.
Reacting to this in an interview on Joy News,’ Rev Marfo-Ahenkora reiterated the need to go digital as most industries are going paperless.
“Basically, the whole industry from banking and the financial services have all gone digital. Its a means of making things easier, faster, so that we can also check because when it comes to the manual, people can easily duplicate, copy, ” he said.
Rev Marfo-Ahenkora maintained this will ward off middlemen who issue fake stickers.
“You can be given a sticker and think you are insured but when something happens and you realized you are not insured. Who do you blame, ” he quizzed.
The President of the Chartered Insurance Institute of Ghana stresses that ultimately this will go a long way to benefit the policyholder.
Find below the press release from NIC