Business News of Thursday, 23 January 2020Source: www.ghanaweb.comNIC to procure 5,000 ‘GoTa’ phones for MTTD officers to curb fake insurance stickersMr. Justice Yaw Ofori, Commissioner of Insurance (NIC)The National Insurance Commission has stated that it will procure some 5,000 ‘GoTa’ phones for Motor Traffic and Transport and Division (MTTD) officers as part of efforts to curb the menace of vehicles with fake motor insurance stickers plying our roads. According to the Commissioner of Insurance, Justice Yaw Ofori, the move will first see some 200 ‘GoTa’ phones deployed in its pilot phase of the Motor Insurance Database (MID) initiative. “The information in the database is not shared with any other insurance company, every insurance company has got its own portal and the information they see is what pertains to that insurance company. Information available however suggests that there about 40 percent of vehicles in Ghana not insured with a chunk having fake motor insurance. Motor Insurance Database (MID) initiativeThe NIC on January 22 issued a statement directing all insurance companies which provide motor insurance to end the issuance of manual insurance stickers.

Source: GhanaWeb January 23, 2020 19:18 UTC