SIC Insurance PLC has paid an insurance claim of GH¢c1.54 million to GCB Bank PLC under GCB Bank’s Bankers Blanket Policy.
Presenting a cheque to the bank’s Deputy Managing Director (Finance), Mr Socrates Afram, on Monday at a brief ceremony at GCB Bank’s Head office in Accra, the Acting Managing Director of SIC Insurance PLC, Mr James Agyenim-Boateng, expressed his appreciation to the bank for its continuous business relations with SIC Insurance PLC over the years.
He reminded the business and insurance communities that SIC Insurance PLC was stable, financially strong and paid claims on time.
Mr Agyenim-Boateng urged the business community to prioritise doing business with the SIC.
Mr Agyenim-Boateng said apart from the payment made to GCB Bank, SIC Insurance PLC recently paid $1 million in claims to a client in Accra and $780,000 to another company in Tema.
“At SIC Insurance PLC, we value our relationship with GCB Bank, we take our promises seriously as our promises are sacred. Continue to stand by us and when bad times come, we will chase you with your cheque to come and present to you,” he said.
For his part, the Deputy Managing Director (Finance) of GCB Bank PLC, Mr Afram, said the bank cherished its relationship with SIC, adding that it has been mutually beneficial to the two institutions.