SUNU is a wolof word (Wolof is a language of Senegal, the Gambia and Mauritania) it means “OUR OWN”. By extension our own insurance company, by Africans for Africans.
Pathé DIONE and other partners created the company SUNU Finances Holding in 1999. SUNU Finances and AXA-UAP signed a memorandum of agreement allowing SUNU Finances to gradually acquire the companies in Africa AXA would like to dispose of.
SUNU Assurances Ghana Limited (formerly Equity Assurance Limited), is part of the SUNU Group which is present in 11 Franco Phone countries and 3 Anglophone countries. The name change is strategic and designed to align with the exemplary brand of our parent company (SUNU Group).
Our company would continue to operate in its current structure, and corporate head office. Other than the name change, there is no change in management. Customers should expect tailored made products and better service on which SUNU Group have built their reputation across Africa. SUNU Assurances Ghana Limited, will continue to expand its extensive retail network and look forward to continuous growth and provision of quality service in the market.
No, there is no change in management.
The SUNU Group is a foremost Pan-African Insurance Group with asset base of over USD623 Million and operations in 14 African Countries spanning West and Central Africa.
No, SUNU Assurances Ghana Limited (formerly Equity Assurance Limited) has been growing consistently for the past ten (10) years. Our relationship with the SUNU Group dating back 2016 precedes any recapitalization issue.