Edward Forkou Kyei, the Managing Director of GLICO LIFE, has disclosed that his outfit will soon open branches in other African countries.

He said the expansion programme forms part of the company’s drive to create new business models and allow other nationals to benefit from the success of the company.

“As part of our expansion programme we will go beyond Ghana in the next few years ahead of us,” Mr. Kyei noted.

He stated that feasibility studies had been completed, noting that in the next few years the company would be present in countries like Sierra Leone, Liberia and Zimbabwe.

Mr. Kyei stated this in an interview with CITY & BUSINESS GUIDE after he addressed brokers at the ‘Brokers Forum’ held by the company in Accra.

The forum afforded management of GLICO LIFE the opportunity to interact with insurance brokers whose unflinching support has contributed to the success of the company.

The event forms part of activities earmarked for the 25th anniversary celebrations of GLICO LIFE.

The year-long celebration, themed, “25 years together in Business: Our customers; our focus,” was chosen to show appreciation to the company’s valued customers for the important role they played towards the growth and success of the company.

Mr. Kyei emphasized that “it is an undeniable fact that brokers play a key role in the success of every insurance business and our gathering here today is for GLICO LIFE to say a big thank to you for your enormous support.

“We are indeed grateful for keeping faith with us all these years. We also want you to interact and find winning strategies on how we can collaborate for more successful businesses in the coming future.”

The brokers commended GLICO LIFE for providing them with the opportunity to solidify their business relations with the company.

GLICO LIFE, a wholly-owned Ghanaian company, was founded by Kwame Achampong-Kyei, the Executive Chairman in 1987 at a time when Life Insurance in Ghana was virtually dormant.

Today, GLICO LIFE has grown from a single business unit specializing only in life insurance into a group.

It now boasts of six distinct business enterprises comprising GLICO Life Insurance Company Ltd, GLICO Financial Services Ltd, GLICO General Insurance Company Ltd, GLICO Healthcare, GLICO Properties Ltd and GLICO Pensions Trustee. GLICO is now a one-stop shop for insurance and financial services.