VANGUARD Assurance Company Ltd has paid an insurance claim of GHC 86,724 to MTL Bore Holes Ltd on Thursday, in Accra in order to replace a drilling machine which got damaged through an accident.
This was a promise by the company to help its customers in the industry.
The Chief Executive Officer (CEO) of Vanguard, Mr. Gideon Amenyedor said that, it was the aim of the company to pay insurance claims to customers they insure of which they also pay premiums for damages.
He reiterated that Vanguard would always stand by its clients should the unfortunate happens.
“No body prays for any mishappening, but should it happen, Vanguard would protect its customers,” he expressed, adding that people should take insurance policies in order to prevent any future misfortunes.
Mr. Amenyedor however noted that insurance was a promise to pay claims promptly and that Vanguard Assurance was leaving above its responsibilities.
Also, he said that last year alone, the company paid a claim of GHC 6.5 million to its customers.
He said, business was all about risk, therefore it tries to take care of all insurance needs and also provide excellent services to its customers.
Friday, July 31, 2009
Tuesday, July 28, 2009
CIMG AWARD
VANGUARD Assurance, the first indigenous company and a member of the Ghana Club 100 has been adjudged the Best Marketing oriented Insurance Company 2008 by the Chartered Institute of Marketing Ghana (CIMG).
This is the second time of winning such award.
Speaking with the Chief Executive Officer (CEO) of the company, Mr Gideon Amenyedor said he was very happy for the company to have won the award the second time under his tenure.
He however, said that Vanguard has applied the marketing principles which have eventually caused its brand to occupy a unique position.
He said, Vanguard has become a household name in the insurance industry, of which they would continue to make the necessary changes to meet the demands of the market.
“The industry has become very competitive and the only way to stay above board is to have a differentiating strategy, Mr. Amenyedor noted.
He also expressed the concern that most companies were engaging in price-cutting, and if appropriate measures were not put in place to check the situation, they would not be able to meet their basic obligations of paying claims to their clients.
He stated that, Vanguard was purposed for satisfying their customers needs in the insurance industry, “To whom that much is given, much is received,” he expressed.
The CEO expressed his appreciation to God for giving the both staff and management of Vanguard Assurance the power and grace to work hard to win the award.
He also dedicated the award to its cherished customers and all individuals as well as companies who made their dreams came true.
Mr. Amenyedor also commended his predecessor, Mr. M. E. Baba, for establishing a firm foundation in the company, the Vice-Chairman of Vanguard, Mr Daniel Awuah Darko also for his business expertise as well as Mr. W. Keteke for his professionalism in steering the affairs of the board.
He also thanked all its customers for nominating them for the second time.
This is the second time of winning such award.
Speaking with the Chief Executive Officer (CEO) of the company, Mr Gideon Amenyedor said he was very happy for the company to have won the award the second time under his tenure.
He however, said that Vanguard has applied the marketing principles which have eventually caused its brand to occupy a unique position.
He said, Vanguard has become a household name in the insurance industry, of which they would continue to make the necessary changes to meet the demands of the market.
“The industry has become very competitive and the only way to stay above board is to have a differentiating strategy, Mr. Amenyedor noted.
He also expressed the concern that most companies were engaging in price-cutting, and if appropriate measures were not put in place to check the situation, they would not be able to meet their basic obligations of paying claims to their clients.
He stated that, Vanguard was purposed for satisfying their customers needs in the insurance industry, “To whom that much is given, much is received,” he expressed.
The CEO expressed his appreciation to God for giving the both staff and management of Vanguard Assurance the power and grace to work hard to win the award.
He also dedicated the award to its cherished customers and all individuals as well as companies who made their dreams came true.
Mr. Amenyedor also commended his predecessor, Mr. M. E. Baba, for establishing a firm foundation in the company, the Vice-Chairman of Vanguard, Mr Daniel Awuah Darko also for his business expertise as well as Mr. W. Keteke for his professionalism in steering the affairs of the board.
He also thanked all its customers for nominating them for the second time.
Monday, July 27, 2009
Graduation
PARENTS and guardians have been advised to invest in the education of their children and wards so that they can make meaningful contributions to national development.
Mr Gideon Amenyedor, acting Chief Executive Officer (CEO) of Vanguard Assurance Company Limited made the call at the graduation and speech and prize-giving day of the Higher Heights Academy in Accra.
Speaking on the theme: “Role of Parents Towards Education”, he said the youth could make informed decisions if parents and guardians did not discriminate in the distribution of their wealth, but use them for their children’s education.
He said the youth could make informed decisions on issues of interests when they were empowered through quality education.
“Education is the greatest asset and talent must be harnessed through education, Mr Amenyedor stated, adding that parents must bring their children up with the fear of the Lord.
He, however, urged teachers to give off their best to enable the youth attain good leadership skills.
For his part, the Head of Urology Unit of the Korle-Bu Teaching Hospital (KBTH), Dr Samuel Gepi-Attee, who was the Guest of Honour for the occasion, said parents, and teachers must live exemplary lives in order to influence the youth.
He encouraged teachers to strive towards perfection for the physical and mental development of the youth in the country.
“Never be discouraged in your endeavours, study hard to achieve your purpose in life and also obey your parents and teachers, “, Dr Gepi-Attee advised the students.
Other speakers advised parents to provide good learning materials for their children and also asked teachers to create enabling environment for studies.
Mr Gideon Amenyedor, acting Chief Executive Officer (CEO) of Vanguard Assurance Company Limited made the call at the graduation and speech and prize-giving day of the Higher Heights Academy in Accra.
Speaking on the theme: “Role of Parents Towards Education”, he said the youth could make informed decisions if parents and guardians did not discriminate in the distribution of their wealth, but use them for their children’s education.
He said the youth could make informed decisions on issues of interests when they were empowered through quality education.
“Education is the greatest asset and talent must be harnessed through education, Mr Amenyedor stated, adding that parents must bring their children up with the fear of the Lord.
He, however, urged teachers to give off their best to enable the youth attain good leadership skills.
For his part, the Head of Urology Unit of the Korle-Bu Teaching Hospital (KBTH), Dr Samuel Gepi-Attee, who was the Guest of Honour for the occasion, said parents, and teachers must live exemplary lives in order to influence the youth.
He encouraged teachers to strive towards perfection for the physical and mental development of the youth in the country.
“Never be discouraged in your endeavours, study hard to achieve your purpose in life and also obey your parents and teachers, “, Dr Gepi-Attee advised the students.
Other speakers advised parents to provide good learning materials for their children and also asked teachers to create enabling environment for studies.
Medical Screening
Open Door Assemblies of God Church, Mataheko branch has organized medical screening and blood donation exercise for both members of the church as well as a cross section of residents in the area.
The edxercise was organized as part of the 25th Anniversary of the church to enhance both spiritual and physical well being of the people in the community.
The head Pastor of the church, Rev. James Dontoh told the Daily Graphic that it was their civil, as well as social responsibilities to serve the community in order to curb some preventable diseases among the people.
He said, it was the first of it kind, but hoped that it would be organized periodically to enhance the health status of the people.
About 100 people took part in the exercise.
They had the opportunity to check Hepatitis B, Hypertension, Blood pressure, among others.
The church also embarked on a clean-up exercise in and around the community to create awareness for the people to keep the community clean.
The chairman of the Anniversary Planning Committee, Mr Ebenezer Jimmy Ackah said the exercise was to communicate to the community as far as cleanliness was concerned.
He also said, the clean-up was to create a platform to minister to the community through evangelism.
He however, advised members to keep their communities free from all sort of communicable diseases.
The edxercise was organized as part of the 25th Anniversary of the church to enhance both spiritual and physical well being of the people in the community.
The head Pastor of the church, Rev. James Dontoh told the Daily Graphic that it was their civil, as well as social responsibilities to serve the community in order to curb some preventable diseases among the people.
He said, it was the first of it kind, but hoped that it would be organized periodically to enhance the health status of the people.
About 100 people took part in the exercise.
They had the opportunity to check Hepatitis B, Hypertension, Blood pressure, among others.
The church also embarked on a clean-up exercise in and around the community to create awareness for the people to keep the community clean.
The chairman of the Anniversary Planning Committee, Mr Ebenezer Jimmy Ackah said the exercise was to communicate to the community as far as cleanliness was concerned.
He also said, the clean-up was to create a platform to minister to the community through evangelism.
He however, advised members to keep their communities free from all sort of communicable diseases.
Thursday, July 23, 2009
KUC Introduces Petroleum Law Course
KINGS University College (KUC) has introduced a postgraduate programme in Petroleum Law to train students in the field of petroleum in view of the oil discovery in Ghana.
The purpose of the programme, among other things, is to create opportunities for Ghanaian students, as well as others in the West African sub-region.
The Founder of the university college, Dr Felix Kwame Semavor, announced this at the inauguration of a 12-member Board of Regents of the college.
He said the KUC had satisfied the necessary requirements needed for the establishment of a university in the country, of which the National Accreditation Board (NAB) was pleased about.
Dr Semavor, who is also the Vice-Chairman of the board, announced that the KUC was expected to enrol its first batch of students in October this year, adding that 250 students were expected to start the academic year in the various disciplines.
He stated that private universities in Ghana were established to sustain the human resource base of the country and reiterated that the future of Ghana, to a large extent, lay in the capabilities of private universities.
“The KUC is geared towards addressing the needs of many students who desire to have both academic and professional qualifications but have to go through long years of preparation,” the founder stressed, and noted that students would receive their academic qualifications after two years of study, coupled with an extra six months of intensive lectures and exams.
The board is under the chairmanship of Dr Mensah Anamuah Otabil, with Dr Semavor as his vice.
Prof Adow Obeng is the Chancellor of the university, while Prof D.N. Rao is its President, with Dr Charles Asembri as Vice-President.
Other members are Prof Naana Jane Opoku-Agyemang, Justice Sophia Akuffo, Ms Akua Sena Dansua, Prof John Bright Aheto, Dr Emmanuel Gbordzoe and Mr Johnson Kanda.
Prof Obeng outlined financial constraints, sustainability and competition from older institutions as some of the challenges facing private universities in Ghana.
He, however, promised that the board would do its best to build a private medium university in sub-Saharan Africa.
The purpose of the programme, among other things, is to create opportunities for Ghanaian students, as well as others in the West African sub-region.
The Founder of the university college, Dr Felix Kwame Semavor, announced this at the inauguration of a 12-member Board of Regents of the college.
He said the KUC had satisfied the necessary requirements needed for the establishment of a university in the country, of which the National Accreditation Board (NAB) was pleased about.
Dr Semavor, who is also the Vice-Chairman of the board, announced that the KUC was expected to enrol its first batch of students in October this year, adding that 250 students were expected to start the academic year in the various disciplines.
He stated that private universities in Ghana were established to sustain the human resource base of the country and reiterated that the future of Ghana, to a large extent, lay in the capabilities of private universities.
“The KUC is geared towards addressing the needs of many students who desire to have both academic and professional qualifications but have to go through long years of preparation,” the founder stressed, and noted that students would receive their academic qualifications after two years of study, coupled with an extra six months of intensive lectures and exams.
The board is under the chairmanship of Dr Mensah Anamuah Otabil, with Dr Semavor as his vice.
Prof Adow Obeng is the Chancellor of the university, while Prof D.N. Rao is its President, with Dr Charles Asembri as Vice-President.
Other members are Prof Naana Jane Opoku-Agyemang, Justice Sophia Akuffo, Ms Akua Sena Dansua, Prof John Bright Aheto, Dr Emmanuel Gbordzoe and Mr Johnson Kanda.
Prof Obeng outlined financial constraints, sustainability and competition from older institutions as some of the challenges facing private universities in Ghana.
He, however, promised that the board would do its best to build a private medium university in sub-Saharan Africa.
Monday, July 20, 2009
Vanguard staff in mass birthday bash
VANGUARD Assurance Company has recognised the hard work and dedication of some staff members whose birthdays fell between April and June this and awarded them for their relentless efforts.
The celebration also formed part of Ghana’s 49th Republican Day anniversary celebration.
The ceremony was organised for the second quarter celebrants of the company numbering about 15.
As part of the celebration, there were recreational activities such as oware, football games and a health walk.
The Acting Chief Executive (CEO) of the Company, Mr Gideon Amenyedor, said the insurance industry had over the years helped people to secure several insurance benefits in respect of their cars, homes and other properties.
He said Vanguard in 2008 paid insurance claims of GH¢ 6.5 million to its customers in the country.
Mr Amenyedor, however, indicated that it was through the selfless efforts and dedication of the staff that the company had come this far, and needed to celebrate and rejuvenate their dedication.
“Let us learn to celebrate our good name as we celebrate the Republic Day,” he said.
He urged other workers of Vanguard to emulate the examples of their colleagues.
Mr Amenyedor said the company was committed to motivating staff members to give off their best.
“We are committed to making them very happy and this is an example of our commitment,” he added.
He said Vanguard Assurance had provided prompt claims payment, competitive pricing and quality customer services to its clients since its inception.
“This is because, we believe our customers deserve the best and are, therefore, always right in choosing to do business with Vanguard Assurance. Vanguard is now the first in foreign travel insurance market, first in taxi market and first in energy market,” he explained.
Mr Amenyedor said the celebration was to send the message to fellow Ghanaians that they should learn to celebrate happy occasions and also mourn unhappy times.
He said as a country, the celebration of birthdays was not encouraged especially at corporate levels while most corporate bodies assisted staff in mourning the dead.
He expressed optimism that the mass birthday celebrations would continue for the rest of the year for other staff members.
The celebration also formed part of Ghana’s 49th Republican Day anniversary celebration.
The ceremony was organised for the second quarter celebrants of the company numbering about 15.
As part of the celebration, there were recreational activities such as oware, football games and a health walk.
The Acting Chief Executive (CEO) of the Company, Mr Gideon Amenyedor, said the insurance industry had over the years helped people to secure several insurance benefits in respect of their cars, homes and other properties.
He said Vanguard in 2008 paid insurance claims of GH¢ 6.5 million to its customers in the country.
Mr Amenyedor, however, indicated that it was through the selfless efforts and dedication of the staff that the company had come this far, and needed to celebrate and rejuvenate their dedication.
“Let us learn to celebrate our good name as we celebrate the Republic Day,” he said.
He urged other workers of Vanguard to emulate the examples of their colleagues.
Mr Amenyedor said the company was committed to motivating staff members to give off their best.
“We are committed to making them very happy and this is an example of our commitment,” he added.
He said Vanguard Assurance had provided prompt claims payment, competitive pricing and quality customer services to its clients since its inception.
“This is because, we believe our customers deserve the best and are, therefore, always right in choosing to do business with Vanguard Assurance. Vanguard is now the first in foreign travel insurance market, first in taxi market and first in energy market,” he explained.
Mr Amenyedor said the celebration was to send the message to fellow Ghanaians that they should learn to celebrate happy occasions and also mourn unhappy times.
He said as a country, the celebration of birthdays was not encouraged especially at corporate levels while most corporate bodies assisted staff in mourning the dead.
He expressed optimism that the mass birthday celebrations would continue for the rest of the year for other staff members.
Thursday, July 2, 2009
JUC Launches a Five-Year Strategic Plan
A FIVE-YEAR Strategic Plan has been officially launched by the Governing Council of Jayee University College (JUC) to handle the fundamental challenges, policies and opportunities of the University College.
The theme for the plan is “Customising Education to Meet Relevant Current Human Resource Needs: Implications for Private Tertiary Institutions”.
The Strategic Plan outlines the history, vision, mission and values of the college that calls for the review of the existing operations and policies with the growing trends of the global education and management world.
In all, a budget of GH¢388,960 has been estimated for the five-year period.
The guest speaker for the ceremony, Prof. Jophus Anamuah-Mensah, who is also the Chairman of the Governing Council of the college, pointed out that education needs in the country were not only restricted to tertiary education but also to the pre-tertiary education as well.
He called on other private tertiary educational institutions to generate synergy between research and education institutions to help solve societal challenges.
The guest speaker urged teachers and students to demonstrate enterpreneurship culture in their activities to become trained leaders in research as well as business industries.
Prof. Anamuah-Mensah called on the government to put in place urgent strategies to enhance the educational systems in the country.
He also appealed to the government to support private tertiary institutions to expand their research policies capable of strategising societal challenges.
“Tertiary education has for a long period provided some sort of education for the youth in the society,” he stated.
He said available data indicated that about 49 private universities in the country had been accredited but noted that most of them lacked qualified human resource and financial resources to train the students.
He, however, said some funding and adequate human resources should be put in place to rebrand these institutions.
For his part, the President of the college, Mr John Emmanuel Donkoh, noted that having met and satisfied the requirements of the National Accreditation Board (NAB), the college had been accredited to run two faculties, that is, Business Administration and Communication Science.
Mr Donkoh stated that the partnership and affiliation with the University of Education, Winneba had brought a sharp growth and development of the college.
“Indeed, it has ensured a progressive transformation in the education of journalists, mass communicators, as well as public relations practitioners in the country,” he said.
“In this era of knowledge economy, there is an urgent need to produce graduates in specialised disciplines. Fortunately, Jayee has trained students to obtain higher education to enable them to contribute more meaningfully to the country’s development,” Mr Donkoh added.
He also said the collaboration had brought about innovation and radically transformed the mode of training of professionals aimed at equipping graduates with specific knowledge for efficiency and effectiveness to expose them to all opportunities of career development.
Mr Donkoh appealed to the government to extend the GETFund facilities to private universities in the country.
He said he was hopeful that the government would further look into the tax relief on educational materials offered to private institutions.
He also appealed to foreign missions and institutions to help establish a multilingual resource centre that would make graduates more linguistically adaptable to the changing global economy.
The Minister of Education, Mr Alex Tetteh-Enyo, who launched the five-year strategic plan, said the government would extend the GETFund facilities to all private tertiary institutions in the country.
He said quality education should be given to the youth to build and sustain a knowledge-based society.
Mr Tetteh-Enyo also said private tertiary universities should not be profit oriented, but rather, they should be guided by achievable development.
He congratulated the governing council on their laudable initiatives.
The theme for the plan is “Customising Education to Meet Relevant Current Human Resource Needs: Implications for Private Tertiary Institutions”.
The Strategic Plan outlines the history, vision, mission and values of the college that calls for the review of the existing operations and policies with the growing trends of the global education and management world.
In all, a budget of GH¢388,960 has been estimated for the five-year period.
The guest speaker for the ceremony, Prof. Jophus Anamuah-Mensah, who is also the Chairman of the Governing Council of the college, pointed out that education needs in the country were not only restricted to tertiary education but also to the pre-tertiary education as well.
He called on other private tertiary educational institutions to generate synergy between research and education institutions to help solve societal challenges.
The guest speaker urged teachers and students to demonstrate enterpreneurship culture in their activities to become trained leaders in research as well as business industries.
Prof. Anamuah-Mensah called on the government to put in place urgent strategies to enhance the educational systems in the country.
He also appealed to the government to support private tertiary institutions to expand their research policies capable of strategising societal challenges.
“Tertiary education has for a long period provided some sort of education for the youth in the society,” he stated.
He said available data indicated that about 49 private universities in the country had been accredited but noted that most of them lacked qualified human resource and financial resources to train the students.
He, however, said some funding and adequate human resources should be put in place to rebrand these institutions.
For his part, the President of the college, Mr John Emmanuel Donkoh, noted that having met and satisfied the requirements of the National Accreditation Board (NAB), the college had been accredited to run two faculties, that is, Business Administration and Communication Science.
Mr Donkoh stated that the partnership and affiliation with the University of Education, Winneba had brought a sharp growth and development of the college.
“Indeed, it has ensured a progressive transformation in the education of journalists, mass communicators, as well as public relations practitioners in the country,” he said.
“In this era of knowledge economy, there is an urgent need to produce graduates in specialised disciplines. Fortunately, Jayee has trained students to obtain higher education to enable them to contribute more meaningfully to the country’s development,” Mr Donkoh added.
He also said the collaboration had brought about innovation and radically transformed the mode of training of professionals aimed at equipping graduates with specific knowledge for efficiency and effectiveness to expose them to all opportunities of career development.
Mr Donkoh appealed to the government to extend the GETFund facilities to private universities in the country.
He said he was hopeful that the government would further look into the tax relief on educational materials offered to private institutions.
He also appealed to foreign missions and institutions to help establish a multilingual resource centre that would make graduates more linguistically adaptable to the changing global economy.
The Minister of Education, Mr Alex Tetteh-Enyo, who launched the five-year strategic plan, said the government would extend the GETFund facilities to all private tertiary institutions in the country.
He said quality education should be given to the youth to build and sustain a knowledge-based society.
Mr Tetteh-Enyo also said private tertiary universities should not be profit oriented, but rather, they should be guided by achievable development.
He congratulated the governing council on their laudable initiatives.
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