Momentum Health Insurance Ghana, one of the leading private health insurance companies, has changed its corporate name to Metropolitan Health Insurance Ghana.

This followed a merger between Momentum Insurance Group and Metropolitan Holdings South Africa to become MMI Holdings in December 2010, making it the third largest financial services provider listed on the Johannesburg Stock Exchange with an asset base of 51.38 billion dollars.

Mr AJ Kruger, Chief Executive Officer of the Metropolitan Group of Companies, announced the merger at stakeholders? cocktail in Accra.

He said the combined forces of local market knowledge and foreign expertise backed by the financial strength of a Johannesburg Stock Exchange listed company was an indication that the company was well placed to offer quality service to its clients.

?The newness of the Metropolitan Health does not come in just the new name but also in many other things for our mutual benefits and enhance services and with the state of the art technology to be launched very soon, we are excited about being able to serve both our members and service providers better with innovation and first in the market technology,? he said.

He gave the assurance that company would leverage on the experience of the Metropolitan Group, which spans over 116 years, to offer one stop financial solutions such as Life, Health and Pensions products.

Mr Albert Brock, Board Chairman of the Metropolitan Group, said the merger would help improve the services of the company.

He said health insurance had come stay and urged employers to insure their employees. GNA

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