SIC MD denies political interference claims but confirms SIGA letters only  encouraged, not directed, state entities on insurance choices

The Managing Director of State Insurance Company (SIC), James Agyenim-Boateng, has pushed back strongly against allegations of political interference in Ghana's insurance sector, insisting that claims by IMANI Africa founder Franklin Cudjoe are "totally baseless and unfounded" but acknowledged the existence of correspondence from the State Interests and Governance Authority (SIGA) encouraging state entities to do business with SIC. Speaking on Newsnite on JoyNews, Mr Agyenim-Boateng said he was unaware of any official political interference in the insurance space, and that SIC staff go out daily to prospect for business like any other insurer.

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