Welcome to Provident Insurance

Our History

How We Started

At Provident, we espouse a simple set of corporate philosophy which defines our positioning in the Ghanaian insurance industry. Our corporate philosophy is a critical element of our culture. Our decision making, drive and unity as a company hinges on it. It consists of our vision, mission and values.
Provident Insurance Company (Provident) is a private Limited Liability company incorporated and was registered in Ghana in February 1981. It commenced business in October 1982 on the principle of providing our policyholders with near-perfect protection with professional service delivery as is humanly possible and doing so at the lowest possible cost. The Company started from a humble beginning with a stated capital base of five thousand cedis ( ₵ 5,000).

Our History

Our Growth

Provident Insurance had a capital of GHS 122m as of 31st December 2022 with a Capital Adequacy Ratio (CAR) of 389%, which was over the CAR of 150% recommended by the Regulator. As of 31st December 2022, the Company has no outstanding financial obligations in terms of bank loans. Its liabilities are solely related to the technical reserves in the form of outstanding claims. This achievement has been the application of sound, professional and efficient underwriting and investment practices over the years.

Our Board

Board of Directors

Mr Wilson Quartey Tei

Board Chairman

Mr Kwame Gazo Agbenyadzie

Non Executive Board Member

Mr Mike Eghan (Snr)

Non-Executive Member

Mr Ato Ewusie Wilson


Mr Michael Justice Ashong

Board Member

Mr. Samuel Acquah

Non Executive Director
Our Management

Management Team

Kenneth Doh

Managing Director

Kofi Ntim Danso

Chief Operating Officer

Fred Boamah

Head - Internal Audit

Ama Sarpong Howard

Head - People & Culture

Florence Hegbor

Head - Underwriting

Louis Mawuena Hiagbe

Head - IT

Eric Agbozo

Head - Marketing

Ellen Amihere

Head - Claims & Reinsurance

Juliana Osei-Fosu

Head - General Internal Services

Henry Adjei Boadi

Head - Compliance, Research & Development

Abdul-Fatau Alhassan

Head Of Finance