Regulatory and Supervisory Responsibilities

GIA assists in implementing and complying with insurance laws, regulations, and guidelines. The Association works closely with the National Insurance Commission (NIC), which is the regulatory authority for the insurance sector in Ghana. . It collaborates with the NIC to ensure that member insurance companies adhere to industry standards, solvency requirements, and consumer protection measures. GIA also assists in monitoring and enforcing compliance within its membership in line with its self-regulatory mandate.