Compliance & Regulatory Standards

RMAS is committed to maintaining the highest standards of regulatory compliance and data protection. We operate in full adherence to Ghana's insurance laws and international best practices.

Regulatory Compliance

Licensed and regulated by Ghana's authoritative bodies

National Insurance Commission (NIC)

RMAS is fully licensed and regulated by the National Insurance Commission of Ghana, the apex regulatory body for insurance in the country.

  • Licensed Insurance Brokerage
  • Compliant with Insurance Act 2021
  • Regular regulatory reporting
  • Adherence to NIC corporate governance guidelines

Data Protection Commission

We comply with Ghana's Data Protection Act, 2012 (Act 843) ensuring the privacy and security of all client information.

  • Data Protection Act compliance
  • Secure data handling protocols
  • Client consent management
  • Regular data security audits

Industry Memberships & Affiliations

Proud members of global and regional insurance industry bodies

GBN Worldwide & WING Insurance

RMAS is a proud member of GBN Worldwide and WING Insurance. GBN Worldwide and WING Insurance are interconnected and technology backed global insurance professional eco-system made up of independent insurance companies, reinsurance companies and broking companies from around the world that support and enhance professionalism among member companies.

IBAG Member

Insurance Brokers Association of Ghana - Committed to professional standards and ethical practices in insurance broking.

CIIG Affiliate

Chartered Insurance Institute Ghana - Supporting continuous professional development in insurance.

AIO Member

African Insurance Organization - Pan-African insurance industry collaboration and knowledge sharing.

WAICA Member

West African Insurance Companies Association - Promoting cooperation among insurance companies in West Africa.

Legal Framework & Adherence

Full compliance with Ghana's insurance legislation

Insurance Act, 2021 (Act 1061)

We operate in full compliance with the Insurance Act 2021, which governs all insurance operations in Ghana.

  • Capital adequacy requirements
  • Corporate governance standards
  • Policyholder protection
  • Claims handling procedures

Motor Vehicle Insurance Act

Compliance with motor vehicle insurance regulations and mandatory cover requirements.

  • Third-party liability compliance
  • Motor insurance tariff adherence
  • Claims settlement standards
  • Documentation requirements

Workmen Compensation Law

Ensuring compliance with employee compensation and workplace safety regulations.

  • Employer liability coverage
  • Workplace injury compensation
  • Occupational disease coverage
  • Legal compliance reporting

Anti-Money Laundering

Strict adherence to Ghana's Anti-Money Laundering Act and Know Your Customer (KYC) requirements.

  • Customer due diligence
  • Suspicious transaction reporting
  • Record keeping compliance
  • Staff AML training

Certifications & Standards

Our commitment to quality and professionalism

NIC Licensed

Fully licensed insurance brokerage operations

Data Protection Certified

Compliant with Act 843 data privacy requirements

IBAG Certified

Member in good standing with IBAG

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