Business News of Sunday, 26 January 2020Source: www.ghanaweb.comNo more fake motor insurance in Ghana as motor insurance goes digitalThe motor insurance digitization has now become a realityGovernment’s digitization agenda which, is being spearheaded by the Vice President, Dr. Mahamudu Bawumia has achieved another milestone with the addition of motor insurance to the growing list of digitized government agencies. The motor insurance digitization has now become a reality as the National Insurance Commission has announced the commencement of the implementation of the Motor Insurance Database (MID). “The objective of the introduction of the Motor Insurance Database is to curb the menace of vehicles with fake motor insurance stickers plying our roads, thus endangering lives and property,” the National Insurance Commission announced. Following the introduction of the motor insurance database, the National Insurance Commission has also announced that effective January 20, all old motor insurance stickers have become invalid. New insurance policy makers will now be issued with an electronic motor insurance sticker with QR code’s, which are generated from the motor insurance database portal, and can be scanned with a QR code reader to verify its authenticity.

Source: GhanaWeb January 26, 2020 14:03 UTC