Overview

Shield Insurance Brokers and Risk Management Company Ltd. (SIBARM) began its operations in April 2009.

Shield is authorised to carry out the business of Insurance Broking, Risk Management Services and Business Consulting Services and, as required, is licenced under the Insurance Law, 2021 Act 1061, to carry out composite insurance broking business in Ghana.

Since its establishment, Shield has competently handled the insurances of respectable local and multinational companies and has been continuously adjudged the broker of choice.
Shield is headquartered in Accra and has a branch in Kumasi. It has strategic partners across the world. Shield is also a registered member of Petroleum Commission, National Health Insurance Authority, Insurance Brokers Association of Ghana (IBAG), West African Insurance Companies Association (WAICA), Africa Insurance Organization (AIO) and UNIBA Partners

The company has grown since the commencement of operations from the bottom of the pack of over eighty companies to be one of the top ten insurance brokers in terms of revenue. This level of achievement is a demonstration of profound professionalism and expertise exhibited by the company.

Affiliations / Membership

Insurance Brokers Association of Ghana (IBAG) West African Insurance Institute (WAII) West African Insurance Institute (WAII) West African Insurance Institute (WAII)

Board of Directors

Our Leaders are the best in the Insurance Brokerage Industry

Mr Emmanuel Quarshie

Chairman

Mr Emmanuel Quarshie

Chairman

Emmanuel currently works as the Chief Executive Officer of Wealth Management Limited, a fund management and investment advisory firm. He had earlier on worked as the pioneering Chief Finance Officer with additional HR responsibilities of Vanguard Life Assurance Company Limited for 7years. Other previous careers include Head of the Central Clearing House of Electricity Company of Ghana Ltd., General Manager of South Akim Manufacturing Ltd., Finance & Administrative Manager of Saoud Brothers & Sons Ltd., etc.

He has had splendid working careers in fields such as finance, insurance, manufacturing, micro finance, electricity, business and human resource management sectors of the economy over the past twenty-eight (28) years. He has also played several strategic roles including being a turnaround manager by successfully helping restructure companies in distressed state.

Professionally, he has been engaged on several Financial Management and Institutional Strengthening assignments with other professional associates. He has wealth of experience in consulting and has provided these services to organisations especially in the areas of proper planning and sound financial management. He also assists seasoned international and local Consultants in the performance of their tasks by offering them strategic solutions for the onward utilisation of their clients.

He writes on topical issues of relevance by breaking barriers and venturing into new domains and regularly contributes his quota with his very insightful publications in financial magazines. He was adjudged the 2011 Banking & Finance Personality of the Year at the 3rd at the International Christian Business Excellence Awards.

He presides over the boards of elite enterprises where he brings his rich expertise to bear on their fortunes and is a distinguished member of many prestigious professional and social institutions. Emmanuel is a Chartered Accountant and holder of EMBA from the University of Ghana Business School.

Dr Mrs. Gloria Ocran

Executive Director

Dr Mrs. Gloria Ocran

Executive Director

Gloria Ocran is an Executive Director and the Board Secretary of our company, Shield Insurance Brokers Limited one of the leading Insurance Broking and Risk Management companies in Ghana. She is a Chartered Banker with strong analytical background and vested interest in Service Marketing and is in charge of Finance and administration. Until recently, she has held the position of the Chief Executive Officer at Shield Microfinance Co. Ltd., from 2013.  

Prior to joining the Shield Group, Gloria worked with the now Universal Merchant Bank as a Relationship Manager at their Corporate Banking Department and was responsible for the credit and general portfolio management of some key accounts in the Manufacturing, Trading and Commerce Unit for 5 years. She was then transferred to the Bank’s Treasury Department to head the Sales team.

She joined Universal Merchant Bank from the now GCB Bank Ltd., where she worked also, as a Relationship Manager for three years and as a Management Trainee for two years at their Banking Operations Department (Branch).Gloria has rich and broad experience in Management, Banking and Service Marketing.

She is an Associate member of the Chartered Institute of Bankers, Ghana. She also holds an MBA in Finance from the University of Ghana Business School and BSc. Agriculture from the University of Cape Coast. She is currently a doctoral student in Business Administration with the Nobel International Business School, affiliated with Swiss Business School, Switzerland and undertaking a study in Student Loan Schemes.

She has attended several courses in Management, Banking and Service Marketing in Ghana. She has also participated in management and business innovation programs at the Harvard University, Boston, Massachusetts, U.S.A. and Swiss Business School, Switzerland respectively.

Mr Alex Osei-Owusu

Secretary

Ms Efam Awo Dovi

Member

Ms Efam Awo Dovi

Member

Ms. Dovi is a Strategic Communication Expert with a special focus on development communications. She leads a multimedia production and communication company registered in Ghana since 2006, developing and implementing strategic communication campaigns for local and international entities.

Since January 2019, she has been working on a European Union funded project, Ghana Employment and Social Protection (GESP) Programme, as an independent Communication Consultant. She developed Communication and Visibility Strategy for the Technical Assistance project, which is providing support to the Ministry of Gender, Children and Social Protection, to implement Ghana’s Social Protection Policy.  

She is currently providing support to the Ministry of Employment and Labour Relations also a beneficiary of the GESP project, to better communicate the operations and services of the Ministry and its agencies, to ensure effective implementation of the Ghana National Employment Policy.

Ms. Dovi serves on the governing board of the state-owned Management Development and Productivity Institute (MDPI), a professional training institute, engaged in providing career development training for public servants. She is also a board member of Shield Insurance Brokers, a privately owned insurance brokerage company.

She is very passionate about Africa development issues, with particular interest in gender equity and inclusion, health care and education access as well as women’s leadership and economic empowerment.

Ms. Dovi founded Nuseli Organisation, a non-profit entity, focused on supporting girls’ education through mentoring, capacity building and provision of education materials to deprived schools.In 2015, Ms. Dovi founded www.sheleadsafricacom, using her expertise in media to give a voice to women who lead.

She has international experience working in Africa, United Kingdom and USA, in a multi-cultural environment. Her 24 years work in Journalism and communication largely focused on Africa development issues. Close to three of those years were with the United Nations Secretariat in New York, where she served at the Public Information Department as Information Officer at the Africa Section; Editor at the Outreach Division as part of the team that managed the UN Secretariat’s internal communications, and at the Office of Human Resources Management, producing and editing content for the UN Secretariat’s online recruitment portal.

She has excellent interpersonal-skills and enjoys building productive relationships with various parties working towards common goals.

She is self-motivated and committed to serving humanity, especially in areas that will help put Africa ahead of the global development curve.

Ms. Dovi holds an MA in International Journalism from Cardiff University in UK.

Management

Mr Kwame A. Dwamena

Managing Director

Mr Kwame A. Dwamena

Managing Director

Kwame Amponsah Dwamena has a BSc. Administration (Insurance Option) form the University of Ghana Business School, holds a Diploma in Insurance (Dip. CII) from Chartered Institute of London (CII), UK and Member of the same Institute. He had his stints with Glico General Company Limited and Standard Chartered Bank before joining Shield Insurance Brokers and Risk Management Company Ltd.

Kwame is well versed in the insurance industry with over 9 years of experience. Before he became the General Manager, he was the Assistant General Manager and manages the general operations and marketing lines of Shield Insurance Brokers.

He has rich experience in risk management as far as the Energy sector is concerned and has attended various courses organized by the National Insurance Commission, Ghana Insurance Brokers Association and various international organisations.

He also serves as a principal officer for Shield Insurance Brokers and is currently pursuing a Master’s programme in marketing from University of Ghana Business School, Legon

Mr Ato Baiden

Life and Health Manager

Mr Ato Baiden

Life and Health Manager

Ato Baiden is an experienced insurance and risk management specialist with comprehensive skills in insurance operations management including product development, marketing, underwriting, claims, reinsurance, and people management. He is a Chartered Insurer with over 17 years of working experience that cut across the whole value chain of the insurance operations, especially in the areas of life, health insurance and pensions.

Ato Baiden previous roles as head of Operations and or Underwriting for both Donewell Life and ESICH Life involved understanding clients’ needs and developing appropriate and economic solutions that delight clients. It involved interaction and discussion with key executives both at the public and private sectors.

He is a strong advocate for Business Process Analysis and Internal Control systems, including compliance to industry standards and regulations. Ato Baiden holds an Executive Master’s Degree in Business Administration, Finance Option, from the University of Ghana and a Diploma in Insurance & Risk Management from the West African Insurance Institute (WAII), The Gambia.

Ekow Nyameye Spio

Business Development Manager

Akosua Addae Gyimah

Operations Manager

Prosper Agbenyegah

Technical Manager

Our driving force

Mission
To be a leading insurance broker that is poised at delivering tailor made, all-embracing insurance portfolio management solutions that guides client in handling their insurance and risk management needs at internationally accepted level.
Vision
To be the most innovative insurance brokering and risk management solution firm within the West Africa sub-region through the deployment of hands-on technology that delights all our stakeholders both local and international by meeting their profit and service quality needs.