Eunice Hilda Ampomah, GNA
Accra, Oct. 26, GNA – Vodafone Ghana has
partnered Hollard Insurance, to launch a revolutionary product of insurance
policy for agents in the mobile money space in West Africa.
For the first time, Vodafone Cash agents
would be insured against robbery and theft, in line with a commitment to ensure
their security and wellbeing across the country.
The product, which addresses a major pain
point of agents, is fully funded by Vodafone Cash on behalf its agents and
underwritten by Hollard Ghana.
The offer implies that agents do not need to
pay any monthly premium to qualify or keep the insurance cover active.
The scheme has two packages, “Money
Insurance” and “Life Assurance.”
Under the Money Insurance package, an agent
could claim up to GH¢ 5,000.00 twice in a year, should they fall victim to
The second package, offers the agent a
GH¢10,000.00 life assurance cover, in the unfortunate event of loss of life.
Speaking at the launch in Accra, Mr Martison
Obeng-Agyei, the Head of Vodafone Cash, said the telecommunication company was
excited to introduce the product for its agents.
“We do understand the risk associated with
the work our agents do and we want them to confidently operate in a secured
environment,” he said.
The unique product, he said, was also a
direct response to calls from the Mobile Money Agents Association of Ghana and
key stakeholders within the mobile money ecosystem.
Mr Obeng-Agyei said since the inception of
mobile money services in the country, there has been a myriad of robbery cases,
where the victims were often left wounded or in conditions that required
immediate medical attention.
The product is expected to transform the
industry and become the benchmark.
Mr Daniel Boi Addo, the Managing Director of
Hollard Insurance, said the purpose of the company was to enable more people to
create and secure a better future.
Their partnership with Vodafone, he said,
would provide agents with the freedom to operate with ease; knowing that they
In case of an unfortunate event, Hollard
will indemnify the agents to reduce the impact to their business and ensure
continuity, he said.
Mr Addo said ‘insurance’ is an instrument
for social good and an enabler of progress.
“Our strong belief is that we can
courageously pursue a better way by mitigating potential crisis to empower
people to take the risks necessary to progress as a society,” he said
To achieve exceptional, sustainable and
inclusive growth, Hollard Ghana, as a group, aims to be a catalyst for positive
and enduring change.
“To Vodafone, we say thank you for
partnering with us and your agents to deliver a win on all sides,” he said.