STAR ASSURANCE GROUP

Forty years of insurance and financial security in Ghana

Star Assurance Group is a wholly Ghanaian-owned holding group with five operating companies. Since 1984, our businesses have provided general insurance, life policies, healthcare cover, pensions, and microinsurance to individuals and organizations across the country.

Platinum Place, Ridge, Accra

Holding Structure Established Sept 2020

OUR VISION

Wealth creation and financial protection

To be a trusted partner in creating and protecting wealth for our policyholders, partners, and communities in Ghana and West Africa.

OUR MISSION

Accessible insurance and reliable settlements

To provide practical insurance, healthcare, and pension services with dependable claims settlement and disciplined fund administration.

OUR ETHOS

Local commitment and sound governance

We maintain strong solvency margins across our businesses, adhere to regulatory standards, and invest back into the communities we serve, including pediatric cancer care support at Korle Bu.

Our journey

Growing with Ghana,
one milestone at a time.

From our first insurance business to a family of five companies, our story is built on supporting people and businesses in Ghana. Star Assurance Group was formed in September 2020, with roots going back to 1984.

The Star story begins

August 1984

Star Assurance is incorporated in Ghana, laying the foundation for the businesses that would later become part of Star Assurance Group.

Open for business

April 1985

Star Assurance begins operations as a composite insurer, offering both life and general insurance.

A dedicated life assurance company

October 2005

StarLife Assurance is incorporated, creating a dedicated company focused on life assurance and financial protection for Ghanaians.

Reaching more households

August 2008

Star Microinsurance is established as an agency working with Star Assurance and StarLife to make insurance more accessible to people with lower incomes.

Insurance through the post office

June 2013

Star Microinsurance and Ghana Post launch Abusua Nkyemfa, a partnership using selected post offices to bring insurance services closer to households and people working in the informal sector.

Star Assurance Group is formed

September 2020

Star Assurance Group is formed, bringing Star Assurance, StarLife Assurance and Star Microinsurance together under a group structure.

Making insurance easier to reach

2022More ways to manage your cover

StarLife introduces MyStar and its USSD service, giving customers more ways to check policies, pay premiums and request services from their phones.

2022Welcoming more policyholders

StarLife acquires four retail portfolios from Exceed Life Assurance under the supervision of the National Insurance Commission.

A broader family of businesses

July 2024

The Group publicly presents its expanded portfolio, including StarHealth and its pensions business alongside general insurance, life assurance and microinsurance services.

A growing family of businesses

2025Pensol becomes Star Pensions Trust

Pensol Capital Trust rebrands as Star Pensions Trust, bringing its pensions identity closer to the Group while continuing to serve employers and retirement savers.

2025Milestones for two Star businesses

Star Assurance celebrates 40 years since starting business, while StarLife marks its 20th anniversary. Together, these milestones reflect the depth of the Star family’s experience.

September 2025StarHealth’s formal launch

StarHealth holds its formal public launch, building on health cover it had been providing since 2023 for individuals, families and businesses.