Old Mutual Ghana, a leading provider of insurance and financial
services, has entered a strategic partnership with the Grow, Unite, Build
Africa (GUBA) Diaspora Network to deliver bespoke travel and personal accident
insurance solutions tailored specifically for members of the diaspora
community.
This partnership is designed to enhance financial protection for
individuals of African heritage—particularly those engaging with Ghana for
business, investment, or cultural purposes. Through this initiative, GUBA
members will gain access to comprehensive coverage that includes protection
against medical emergencies, accidental injury, and permanent disability,
whether traveling within Ghana or internationally.
Roy Punungwe, Group CEO of Old Mutual Ghana, commented: “Our
collaboration with the GUBA Diaspora Network demonstrates our commitment to
delivering inclusive financial solutions that meet the evolving needs of
diasporan communities. We recognize the growing impact of the diaspora on
Ghana’s development and are proud to support their efforts with insurance
products that provide confidence and security.”
The initiative forms part of Old Mutual’s broader strategy to
expand insurance accessibility and foster economic empowerment among
underserved and high-impact demographic groups.
David Ayisi, Tours Manager at GUBA Tours, emphasized: “Our members
travel frequently between Ghana and other global destinations for personal,
professional, and investment purposes. This partnership with Old Mutual ensures
they are protected against unforeseen risks, enabling them to operate with
greater confidence and peace of mind.”
Ghana has emerged as a key destination for diasporans due to its
political stability, vibrant culture, and increasing investment opportunities.
Government-led initiatives have further boosted diaspora engagement, with more
than one million visitors arriving annually and remittances contributing over
US$4.5 billion to the economy.
Both Old Mutual and GUBA highlighted that this partnership also
opens the door to future collaborations aimed at providing additional financial
products and services tailored to the unique needs of the diaspora community.
