SIC to pay GCB Bank claims after Saturday’s fire

SIC, the insurers of the GCB Bank Liberty House Branch at Katamanto in Accra have commenced processes to assess damage and pay claims as may be necessary to the company following a fire outbreak at the facility on Saturday.

Speaking to Citi Business News, Head of Corporate and Special Risk at SIC, Emmauel Simpiney-Mensah said his outfit is in talks with management of GCB Bank to ascertain the level of damage.

He stated that, “SIC is the biggest insurance company in this country, and we have been giving protection to Ghana Commercial Bank for long. We have started responding. We don’t wait for 24 hours. We were here yesterday, and we are here today too so this is part of the response process. We are meeting management very soon, and then we will move on. You see what is happening is that they can only tell us what has got damaged. So we cannot estimate until they have brought us their estimation but be rest assured that, when it comes SIC will be there to clear it off for them to continue with where they were before the loss”.

The first floor of the bank building caught fire over the weekend but the timely intervention of personnel of the Ghana National Fires Service prevented a spread to other floors

SIC, the insurers of the GCB Bank Liberty House Branch at Katamanto in Accra have commenced processes to assess damage and pay claims as may be necessary to the company following a fire outbreak at the facility on Saturday.

Speaking to Citi Business News, Head of Corporate and Special Risk at SIC, Emmauel Simpiney-Mensah said his outfit is in talks with management of GCB Bank to ascertain the level of damage.

He stated that, “SIC is the biggest insurance company in this country, and we have been giving protection to Ghana Commercial Bank for long. We have started responding. We don’t wait for 24 hours. We were here yesterday, and we are here today too so this is part of the response process. We are meeting management very soon, and then we will move on. You see what is happening is that they can only tell us what has got damaged. So we cannot estimate until they have brought us their estimation but be rest assured that, when it comes SIC will be there to clear it off for them to continue with where they were before the loss”.

The first floor of the bank building caught fire over the weekend but the timely intervention of personnel of the Ghana National Fires Service prevented a spread to other floors.

Source:Citibusinessnews