Shield Insurance Brokers and Risk Management Company Limited (SHIELD) is a Ghanaian Insurance Brokerage firm incorporated on 17th September, 2008 as a Limited Liability Company under the Companies Code of Ghana, Act 179 of 1963 and it started operations in April 2009.
The Company is authorized to carry on the business of Insurance Brokerage, Risk Management Services and Business Consultancy Services and as required, it is licensed under the Insurance Law, Act 724, 2006 to carry on composite insurance brokerage business in Ghana.
Richard is a highly skilled and hardworking professional with vast experience in diverse fields of Investment Banking and Insurance (General Business, Life and Health). He has a strong passion that ensures the quality delivery of value for money, services and products to clients. He has more than 18 years’ management experience in insurance business and investment banking.
He has initiated, set-up and implemented various strategies and plans to achieve results. Richard is customer focused and was very instrumental in setting up the Investments, Statistics, Research and Reinsurance departments at Star Assurance Limited. Notable amongst them is the set-up of the Default Insurance Program (DIP) – an IATA affiliated program in Ghana for Star Assurance. These were aimed at implementing new ways of improving productivity, minimizing risks of financial loss and analysing statistical insurance data for better decision making and clients’ satisfaction.
He is enthusiastic and puts his knowledge to excellent application in profit oriented projects. As a Business Developer, he has an excellent track record of setting up ESICH Life Assurance Company Limited and growing it to become a strong contender in the Life Assurance industry in Ghana from 2013 to 2016.
Richard believes that the success of a business depends on a well laid out structures, systems and processes. He has therefore pioneered the introduction of effective systems and processes throughout his career in the Insurance industry. He leads with integrity and ensures that claims are processed in a timely manner and resolves issues that arise during claim processing.
He has superior interpersonal skills and is capable of resolving multiple and complex (human resource and operational) issues and motivating staff to achieve peak performance. In all the various senior positions he has held over the years, Richard has demonstrated a deep understanding of the human capital of an organization and worked to achieve results through people’s management and teamwork. He has proven to be an excellent performer in building winning teams and structures.
Richard also consulted for and managed as the Chief Executive Officer of Kaiser Global Health Limited. His major responsibility was to ensure that Kaiser Global Health Limited adheres to its Corporate Governance Systems, increases its market share and becomes a proﬁtable company. His consultancy also extended to IBS Consulting Alliance, a management consulting firm, as a Consulting Partner.
Richard is now the Managing Director of Shield Insurance Brokers and Risk Management Company Limited.
Kwame Amponsah Dwamena has a BSc. Administration (Insurance Option) form the University of Ghana Business School, holds a Diploma in Insurance (Dip. CII) from Chartered Institute of London (CII), UK and Member of the same Institute. He had his stints with Glico General Company Limited and Standard Chartered Bank before joining Shield Insurance Brokers and Risk Management Company Ltd.
Kwame is well versed in the insurance industry with over 9 years of experience. Before he became the General Manager, he was the Assistant General Manager and manages the general operations and marketing lines of Shield Insurance Brokers.
He has rich experience in risk management as far as the Energy sector is concerned and has attended various courses organized by the National Insurance Commission, Ghana Insurance Brokers Association and various international organisations.
He also serves as a principal officer for Shield Insurance Brokers and is currently pursuing a Master’s programme in marketing from University of Ghana Business School, Legon
Ato Baiden is an experienced insurance and risk management specialist with comprehensive skills in insurance operations management including product development, marketing, underwriting, claims, reinsurance, and people management. He is a Chartered Insurer with over 17 years of working experience that cut across the whole value chain of the insurance operations, especially in the areas of life, health insurance and pensions.
Ato Baiden previous roles as head of Operations and or Underwriting for both Donewell Life and ESICH Life involved understanding clients’ needs and developing appropriate and economic solutions that delight clients. It involved interaction and discussion with key executives both at the public and private sectors.
He is a strong advocate for Business Process Analysis and Internal Control systems, including compliance to industry standards and regulations. Ato Baiden holds an Executive Master’s Degree in Business Administration, Finance Option, from the University of Ghana and a Diploma in Insurance & Risk Management from the West African Insurance Institute (WAII), The Gambia.
Emmanuel Nyantakyi Boadu is Chartered Insurer with 9 years working experience in the insurance industry. His area of expertise spans across Risk Management, Insurance Underwriting, Reinsurance, Sales and claims management. He has strong communication skills and proven track record of negotiating claims on behalf of clients with insurers. He is adept at risk assessment, claims administration and business development. He is analytical, thorough, ethical, driven and motivated. Emmanuel’s demonstrated diligence, diversity, exemplary job performance and concern for excellence are assets which I believe would benefit any organisation.
Emmanuel, as part of his passion to offer the best financial advice to his clients has driven him to pursue programmes in accountancy and is currently at Part 1, ICA, Ghana. He also holds a Diploma in French as well.
Proficient executive assistant with experience in supporting senior business associates in corporate organisations with extensive experience in supporting directors and managers across the organisation; Bel organised, efficient and able to deliver consistently excellent results in challenging and pressurized work environments. She is well versed in the creation of internal communication and external professional documents and also able to liaise with all levels of staff and clients.
Bel holds BSc Accounting from Ghana Institute of Management and Public Administration (GIMPA) and Diploma in Dance Studies from University of Ghana, Legon.
Bel had held Senior management roles in New Season Restaurant and Neopower Consultancy and Engineering Solutions among others.