Our History

The Insurance Association of the Gambia (IAG) was formed on 11th August 1987 by insurance companies operating in The Industry. The founding member Companies are Gambia National Insurance Co Ltd, Capital Insurance Co. Ltd and Senegambia Insurance Co Ltd. under the leadership of their Chief Executives namely: Mr. Omar Dibba of Gambia National Insurance Co. Ltd, Mr. Dodou Taal of Capital Insurance Co. Ltd and Mr. Babou A.M.Cisse of Senegambia Insurance Co. Ltd.

A constitution was drafted by the interim committee and adopted in which the objectives of the Association were listed as follows:

  • To provide insurance education with a view to increasing awareness and enhance the public image of the industry.
  • To promote the development of Insurance services
  • To create and maintain a closer cooperation between members
  • To provide a forum to discuss mutual problems of the industry and arrive at firm resolutions
  • To encourage and facilitate the exchange of information and experience among members.
  • To take the necessary steps which are in the interest for promoting the objectives of the Association.
  • To encourage the exchange of insurance business between members in a bid to conserve foreign exchange and cut down on insurance cost.
  • To consult and co-operate with other Associations or similar bodies on matters of mutual interest and affiliate with all insurance bodies within the Gambia and Abroad.

The Association elects an executive committee every two years at an Annual General Meeting (AGM), which is attended by delegates from all members companies.

The executive committee meets once every quarter and is headed by a President. The President is assisted by the Secretary General responsible for implementation of the decisions of the committee.

Further to the emergence of the new companies in the industry which led to an increase in membership of the IAG, a Permanent Secretariat was established on 1st September 2000. A full time Secretary General was employed and charged with the overall administration of the Secretariat.

All the insurance companies operating in the market are members of the Association and are represented on the Board of Directors by their Executives, The President and Vice President of the Board are appointed by the other board members. The President or in his/ her absence, the Vice President are assisted by the Secretary General in the day to day administration of the Secretariat. The membership of the IAG comprises all the Companies in the market.

TECHNICAL COMMITTEE 

  1. Makaireh Badjan Royal Insurance – Chairman
  2. Frederic Bowen John, WAII –  Member
  3. Ahoatu C. Festus- Capital Express – Member
  4. Sainabou Jallow Gaye, Takaful    – Member
  5. Molifa Sanneh, IAG  – Member

FINANCE COMMITTEE MEMBERS

  1. Bubacarr Jarju, Gambia National Insurance Co. Ltd  – Chairman
  2. Fatou Jallow, Enterprise Life Assurance Co. Ltd          – Member
  3. Amatt Bittaye, Prime Insurance Company Ltd             – Member
  4. Saihou Samba, National Bureau                                       – Member
  5. Molifa Sanneh, IAG                                                              – Member

IAG PROJECTS COMMITTEE

  1. Oluwade Tayo                  – Chairman
  2. Almammy B. Jobarteh   – Member
  3. Sainabou Jallow Gaye     – Member
  4. Molifa Sanneh                   – Member
  5. Saihou Samba                     – Member

SENSITIZATION COMMITTEE

  1. Fatou Jallow, Enterprise Life Assurance Co Ltd             – Chairperson
  2. Ebrima Camara, Global Security Insurance Co Ltd      – Member
  3. Abdoulie Ndow, Takaful (G) Insurance Co. Ltd              – Member
  4. Daisy Keshia Swaray, New Vision Insurance Co Ltd      – Member
  5. Isa R. A Sowe, Capital Express Assurance Co Ltd            – Member
  6. Lamin Yabou, Royal Insurance Gambia Co. Ltd.             – Member
  7. Ebrima Samba, Prime Insurance Co. Ltd                           – Member
  8. Saihou Samba, Gambia National Bureau                            – Member
  9. Molifa Sanneh, IAG                                                                   – Member
  10. Njamatou Ceesay, IAG                                                               – Member