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February 18, 2026
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Enterprise Insurance, MoMAG renew partnership to boost financial inclusion and insurance access
Money
Opportunity
Growth
Key Points
- Enterprise Insurance Ltd. and the Mobile Money Advocacy Group Ghana (MoMAG) renewed their strategic partnership MOU on February 11, 2026.
- The collaboration aims to significantly expand insurance access and strengthen financial inclusion across Ghana.
- Under the initial agreement, MoMAG members gained personal accident insurance and earned income by distributing Enterprise products.
- The renewed MOU will expand distribution opportunities to all MoMAG members nationwide and provide agents with a dedicated insurance package covering business risks like fire and burglary.
- Both organizations emphasized a shared commitment to growth, innovation, and leveraging mobile money agents' crucial role in Ghana's economy.
Why This Matters
This renewed partnership is crucial for Ghana as it significantly expands financial inclusion by leveraging the widespread network of mobile money agents to bring insurance products to underserved populations. It also directly impacts the livelihoods of thousands of agents by diversifying their income and protecting their businesses against operational risks, fostering a more resilient and inclusive financial ecosystem.
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