Old Mutual Ghana has announced a new partnership with the GUBA Diaspora Network to provide specialized travel and personal accident insurance for the African diaspora. The initiative is designed to protect individuals of African heritage who travel to Ghana for business, investment, or cultural activities.
The new insurance package will offer GUBA members coverage for medical emergencies, accidental injuries, and permanent disabilities. The protection applies both during travel within Ghana and internationally.
Speaking about the partnership, Roy Punungwe, Group CEO of Old Mutual Ghana, said, “Our collaboration with the GUBA Diaspora Network shows our dedication to offering inclusive financial services. We understand how important the diaspora is to Ghana’s development and are proud to support their efforts with insurance products that offer safety and peace of mind.”
This partnership is part of Old Mutual’s broader mission to make insurance more accessible and to support economic empowerment among underserved communities.
David Ayisi, Tours Manager at GUBA Tours, added, “Many of our members travel often between Ghana and the rest of the world. This partnership with Old Mutual helps ensure they are covered against unexpected risks, giving them the confidence to move freely.”
Ghana has become a major destination for diasporans because of its political stability, rich culture, and growing investment potential. Government programs have helped boost diaspora engagement, with over one million visitors each year and remittances contributing more than US$4.5 billion to the national economy.
Old Mutual and GUBA also see this partnership as the beginning of future collaborations. They plan to introduce more financial services designed specifically for the needs of the diaspora.
About Old Mutual Ghana
Founded in Ghana in 2013, Old Mutual Ghana is a top provider of financial services, offering life insurance, pension solutions, and savings plans. The company is part of the Old Mutual Group, which has its roots in South Africa and a long history of serving clients across Africa.
Old Mutual Ghana includes Old Mutual Life Assurance Company Limited and Old Mutual Pensions Trust. Their services range from group life benefits and funeral policies to travel insurance and retirement plans.
About GUBA Diaspora Network
The GUBA Diaspora Network helps people of African heritage connect with Ghana through business, investment, and cultural opportunities. The organization offers support, resources, and platforms to encourage professional and economic development among diasporans.
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