The vision of a National Association for all Actuarial Science Students in Ghana was conceived at the International Microinsurance Conference held from 12th-13th May, 2012.
The conference was organized by the National Insurance Commission (NIC) , Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, Munich Re Foundation, Making Finance Work for Africa and Microinsurance Network at the Movenpick Ambassador Hotel in Ghana. It was a two (2) day event that brought together stakeholders of the insurance industry and other financial services sector players.
This conference also brought together the leadership of the Actuarial Science students at the University of Cape Coast (UCC), Kwame Nkrumah University of Science and Technology (KNUST) and the University of Development Studies (UDS). Right after the conference ended, the leadership of the aforesaid schools engaged with their respective institutions and some students were invited to subsequently work out modalities in establishing a National Association.
The maiden meeting was held on 5th August, 2012 at the Presbyterian Boys’ Secondary School (PRESEC), Legon. This witnessed discussion leading to drafting of a constitution for the National Association. The commitment of the representatives of the three (3) schools in developing the framework of the association, birthed the Actuarial Science Students’ Association of Ghana (ASSAG) as we know today. The Representatives (Founding Members) are as follows:
University of Cape Coast (UCC)