UT Life Insurance

miLife Insurance Ltd is a Ghanaian success story. The company has grown a premium income over the period of its inception in 2005 to over GHc24.0 million in 2017; growing from the 17th position in 2005 to 8th position in 2017. miLife is currently capitalized at GHS 56.8 million making it one of the most capitalized life insurance companies in Ghana. Its capital has gone up by almost four times of the regulatory capital requirement of GHS 15 million. The company started in 2005 as CDH Life Assurance, being the 17th Life assurance company to be licensed by the National Insurance Commission (NIC). The companys name changed from CDH Life Assurance to Golden Life Assurance in 2010 and later to UT Life Insurance Company Limited after it was acquired by UT Holdings in 2012. Leapfrog Investments acquired the business in December 2015, with the purpose of guiding miLife to reach new heights in the insurance market, by providing innovative and affordable life Assurance products and services