Old Mutual, GUBA strike partnership to provide unique insurance for Diasporans

Old Mutual Ghana has partnered with the GUBA Diaspora Network. This partnership aims to provide travel and personal accident insurance for the diaspora community.

The goal is to enhance financial protection for individuals of African heritage. This includes those engaging with Ghana for business, investment, or cultural reasons.

GUBA members will receive comprehensive coverage against medical emergencies and accidental injuries. The insurance also covers permanent disability while traveling in Ghana or abroad.

Roy Punungwe, Group CEO of Old Mutual Ghana, stated their commitment to inclusive financial solutions. He noted the growing impact of the diaspora on Ghana’s development.

David Ayisi, Tours Manager at GUBA Tours, highlighted that members travel frequently. This partnership ensures they are protected from unforeseen risks during their travels.

Ghana is a popular destination for diasporans due to its stability and culture. Government initiatives have increased diaspora engagement, attracting over one million visitors annually.

Remittances from this community contribute over US$4.5 billion to the economy each year. Both Old Mutual and GUBA see potential for future collaborations on financial products tailored for the diaspora.

About Old Mutual Ghana
Old Mutual Ghana is a leading financial institution in the country. It offers innovative life insurance and pension solutions since 2013. The company combines local market knowledge with international expertise.

Old Mutual provides various financial solutions including savings plans and travel insurance.

About GUBA Diaspora Network
The GUBA Diaspora Network supports diasporans seeking connections in Ghana. It facilitates economic growth through partnerships and community engagement.