The campaign of sensitization on insurance and popularization of the CEMAC pink card will be launched on February 27 in Pointe Noire

21 Feb, 2018

The general directorate of national financial institutions  (GDNFI) and  the Association professionelle des societes d'assurance du Congo(APSACO)- Professional Association of  Insurance Companies of Congo, will launch  the first campaign of sensitization on insurance  and popularization of the CEMAC pink card  from Tuesday 27 to  Wednesday 28, 2018 in Pointe  Noire, so as to especially  change the opinion people  and public administrations  have on the insurance industry and enable the protection of persons, goods and human activities.

The annoucement was made  at a press conference held on Wednesday, February 21, in Brazzaville, and co-chaired by the executive director of national financial institutions, Constant Badia and the chairman  of APSACO, Gaston Akobo, under the aegis  of the  Principal Private Secretary of the Minister of Finance and Budget, Emmanuel Akouala-Mpan.

The insurance sector contributes to the country's economy: 3.9% of the GDP in 2016. According to the manager of insurance , Alexandre  Yoka Galloy, investment in insurance generated 18 billion CFA francs  against 2 billion CFA francs in  life insurance. The funds mobilized  by insurance carriers  amounted to 577 billion  CFA francs, whereas the  payroll amounted to  530 million CFA francs as regard life insurance. But the rate is still low. That is why it is important to push more Congolese to get insurance,  he said.

As for the chairman of the Association professionnelle des societes d'assurance du Congo, Gaston Akobo, he  urged households at this time of financial and economic crisis to subscribe for insurance  so as to protect their property.

As regard the CEMAC pink card, which was designed in July, 1, 1996 following the signing of a memorandum  of understanding  by the ministers of finance  meeting in Libreville, the chairman of the office  dealing with the card issue in Congo, Clave Olandzobo, said that the document , considered also as an insurance, enables  a driver going across member countries of CEMAC to have insurance  against the risks of civil liability that he may face, based on the damage that he may cause to third parties following car accidents that may occur  in the country or countries of destination. The card is issued along with a certificate  of car insurance for the same price.

The programme for the launching  of the card scheduled for Tuesday, February 27, includes presentations on various themes , among others,  bodies of the insurance market, insurance brokers and their role,  insurance products and the need to subscribe, the steps to take  in case of an accident, insurance fraud and penalties, system of  checking car insurance as subscription is compulsory, the CEMAC pink card system  and the writing of the accident statement minutes. The second day, Wednesday, February 28, will be devoted  to  community outreach in the city of Pointe Noire and at borders (autonomous port of Pointe Noire, at the tollhouse of Mengo, Cabinda), by conducting a lightning raid on insurance papers  with the involvement of a mixed team.

 

Press department of the Ministry of Finance

Category:NEWS
Sub Category:NATIONAL FINANCIAL INSTITUTIONS