Absa Bank Ghana has partnered with Enterprise Funeral Services Ghana Limited, trading as Transitions -The Funeral People, to offer one-stop-shop funeral related services to Absa customers at discounted prices.
Services include transportation of the deceased from the place of death, Mortuary services, Undertaking, Hearse Services, Burial & Graveside services. Other services include casket services, chapel, and reception facility and live streaming services.
Speaking on the partnership, Mr Charles Addo, Retail Director at Absa Bank said: “There is a growing trend amongst Ghanaian families for private funerals or burials; a choice they consider crucial to help adhere to current directives to observe the appropriate health and safety protocols.” This, he said, is the main idea behind “The Absa -Transitions Advantage”.
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The Nigerian National Insurance Commission (NAICOM) has granted Enterprise Life Assurance Company (Nigeria) Limited, license to commence operations in the country. This is after the company met the minimum stated capital requirement of ₦8billion in February 2020.
Enterprise Life Assurance Company (Nigeria) Limited is a member of the Enterprise Group PLC, a financial services Group with operating companies in insurance, pensions, real estate and funeral services.
Speaking on the license acquisition, the Group’s Chief Executive Officer, Keli Gadzekpo, said the move is in line with the Group’s vision of expanding its business footprint beyond Ghana, into the broader West African Sub-region. “As Africa progressively moves into middle-income status, the importance of insurance for risk mitigation and as a savings tool is becoming more important. Enterprise Group is positioned to play a key role in promoting insurance for t