News Section

Stay updated with the latest industry insights, news, and expert advice from RMAS Insurance Brokers.

News Section

Stay updated with the latest industry insights, news, and expert advice from RMAS Insurance Brokers.

Press Releases

Awards & Recognition

Industry News

CSR Activities

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info@rmasgh.com

Risk Management and Advisory Services Ltd. (RMAS)

RMAS

RMAS is an insurance broking and risk management company. Our main objective is to take the client's mind off all worries relating to risk exposures.

Our Vision: To be among the best Broking firms in Ghana and the sub-region and recognized as an institution that offers service with diligence and professionalism.

Our Mission: To provide unique insurance brokerage service and legal advisory services using a state of the art system that provides quality service to the insuring public.

  • Prompt service
  • Diligence
  • Attention to details

The Company is manned by competent staff with in-depth knowledge and appreciation of the Ghanaian Insurance market.

Ketasco

MR. LARRY KWESI JIAGGE PRESENTS $1200 TO KETASCO NSMQ TEAM

Mr. Jiagge Larry Kwesi, the Managing Director of Risk Management and Advisory Services (RMAS) has presented a cash donation of One Thousand Two Hundred Dollars ($1200) to the Ketasco National Science and Maths Quiz (NSMQ) Team.

Presenting the cash amount to the team, Mr. Larry Kwesi Jiagge said he was impressed with the sterling performance of the Ketasco team. He commended the handlers and urged the team to work even harder.

RMAS is among the top ten insurance brokers operating in Ghana, with Head Office located at 120B Spintex Rd. Industrial Area, Accra-Ghana.

Flood Relief

RMAS Rallies Relief for Volta Flood Victims

On November 7th, the team from Risk Management and Advisory Services, led by PP Larry Kwesi Jiagge, made a heartfelt contribution to the communities hit hardest by the Volta spillage in the southern Volta Region.

With goods including 300 bags of water, mats, liquid soap, buckets, and pails, the gesture was a direct response to the flood's challenges.

The donations were warmly received by Honourable Dzifa Gomashie of Ketu South.

Hall of Fame

Larry Kwesi Jiagge Inducted into Corporate Ghana Hall of Fame

August 22, 2025

We are delighted to share that our CEO, Larry Kwesi Jiagge, has been inducted into the prestigious Corporate Ghana Hall of Fame.

The award ceremony recognizes his outstanding leadership, strategic vision, and commitment to ethical business practices.

Larry Jiagge is a respected leader with over 40 years in the industry. This Hall of Fame honor adds to a legacy of transformative leadership within Corporate Ghana.

RMAS Nominated for Broker of the Year 2025

August 30, 2025

We are proud to share that RMAS was nominated for the Broker of the Year award at the CIIG Awards 2025.

This recognition places RMAS among the industry's leading brokers, alongside KEK Brokers and OLEA M&G.

  • Acknowledgement of our team's expertise and dedication
  • Motivation to enhance service offerings
  • Reinforcement of RMAS's position as a trusted broker

Rising Brand of the Year 2025 (Broker Category) - WINNER

6th CIIG Insurance Excellence Awards

Rising Brand of the Year 2025 Award

Risk Management & Advisory Services Limited is proud to have been recognised as Rising Brand of the Year 2025 in the Broker Category at the 6th CIIG Insurance Excellence Awards, hosted by the Chartered Insurance Institute of Ghana. The award celebrates emerging firms making a distinguished impact on Ghana's insurance industry through professionalism, innovation, and client-focused service.

This recognition reinforces our position as a trusted name in risk management and insurance advisory, and reflects the confidence our clients and partners continue to place in us. As we look ahead, we remain committed to setting new standards of excellence in the industry we serve.

What This Means

  • Ghana's top emerging insurance broker brand
  • Recognized for service innovation & digital transformation
  • Trusted by 100+ corporate clients
  • 38+ years industry leadership

About the 6th CIIG Awards

The Chartered Insurance Institute of Ghana (CIIG) Insurance Excellence Awards recognize outstanding achievements in Ghana's insurance industry.

Celebrating Our Team

RMAS Becomes a Corporate Member of the Ghana Chamber of Shipping

Industry News  |  March 20, 2026

Risk Management & Advisory Services (RMAS) has been admitted as a Corporate Member of the Ghana Chamber of Shipping (GCS), the recognised voice of Ghana's maritime industry. Our Executive Director, Hughes Razak Dakpo, is also a member of the Chamber.

Headquartered in Tema and an associate member of the International Chamber of Shipping (ICS), the GCS engages government, ports and regulators on maritime policy — including the push for local marine cargo cover under the Insurance Act 2021.

This membership deepens RMAS's maritime-sector credentials and strengthens our ability to place marine insurance — cargo, hull, and motor/fleet cover — for shipowners, freight forwarders, importers, exporters and logistics firms. It complements our 15+ years in the Ghanaian insurance market and the 687+ clients we serve across more than 2,000 policies.

  • Corporate Member, Ghana Chamber of Shipping (cert. 20 March 2026)
  • Executive Director Hughes Razak Dakpo also a member
  • Marine insurance for shipping, logistics & freight clients

Ghana Chamber of Shipping —  Explore RMAS Marine Insurance

NEW MOTOR INSURANCE TARIFFS ARE HERE – WHAT YOU NEED TO KNOW (2026 UPDATE)

Big news for all vehicle owners in Ghana!
The National Insurance Commission (NIC) has officially approved new minimum motor insurance tariffs, effective 16th February 2026.

Below are the NIC-approved minimum Third Party premiums, effective 16th February 2026. These are the least you're allowed to pay—anything lower is invalid.

PRIVATE & COMMERCIAL VEHICLES
  • Private Vehicle – Individual: GHS 557.00
  • Private Vehicle – Corporate: GHS 557.00
  • Taxi: GHS 744.00
  • Hiring / Rental Car: GHS 744.00 (Excluding extra seats)
  • Mini Bus: GHS 744.00 (Excluding extra seats)
  • Maxi Bus / Coach: GHS 744.00
🔹 GOODS-CARRYING VEHICLES
  • Own Goods (Z.300): GHS 761.00
  • General Cartage (Z.301): GHS 893.00
  • Articulated / Tankers: GHS 1,052.00
🔹 SPECIAL VEHICLE CLASSES
  • On-Site Vehicles (Z.801): GHS 431.00
  • Ambulance / Hearse (Z.802 – On Site): GHS 733.00
🔹 AGRIC & HEAVY VEHICLES (GW1)
  • GW1 – Class 1: GHS 607.00
  • GW1 – Class 2: GHS 744.00
  • GW1 – Class 3: GHS 920.00
🔹 MOTOR CYCLES & TRICYCLES
  • Motorcycle: GHS 331.00
  • Motor Tricycle / Aboboyaa / Quadrucycle: GHS 431.00
Important notes (don't skip this):
  • These are minimum premiums, not discounts.
  • Extra passenger seats attract additional seat charges. (15.00 GH¢ per extra seat beyond the fifth for individual, corporate, and Ambulance/Hearse; for all other motor classes, 25.00 GH¢ per extra seat.)
  • Any policy sold below these figures is non-compliant and risky at claims time.
At RMAS, our job is simple:
  • Make sure you pay only what is required
  • Understand what you're buying
  • And stay fully protected—no stories later.
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