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Insurance Regulatory Authority of Uganda
The Insurance Regulatory Authority of Uganda (IRA) was established under section 14 of the Insurance Statute 1996 now The Insurance Act,(Chap213) Laws of Uganda, 2000(Insurance Act)which came into effect on 4th April 1996 and commenced operations in April 1997

The main object of the Authority is to ensure the effective administration, supervision, regulation and control of the business of Insurance in Uganda.

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Our Key Functions
The Objective of the Authority is to ensure the effective administration, supervision, regulation  and control of the business of Insurance in Uganda.
 
  • establish standards for the conduct of insurance and reinsurance business;
  • license all persons involved in or connected with insurance business, including insurance and reinsurance companies, insurance and reinsurance intermediaries, loss adjusters and assessors, risk inspectors and valuers;
  • approve texts of policies proposal forms;
  • approve minimum rates of insurance premiums and maximum commissions in
    respect of all classes of insurance;
  • safeguard the rights of insurance policyholders and insurance beneficiaries to any insurance contract;
  • provide a bureau to which complaints may be submitted by members of the public;
  • advise the Government on adequate insurance protection and security for national
    assets and national properties;
  • promote a sound and efficient insurance market in the country;
  • supervise and control transactions between insurers and re-insurers;
  • ensure strict compliance with this Act and regulations made under it and any
    other law relating to insurance; and
  • undertake other functions as the Minister may designate.
Insurers urged to partner with MFI's to promote micro-insurance..

The Executive Director of the Association of Micro Finance Institutions in Uganda (AMFIU), Mr. David Baguma having a discussion with the IRA's CEO Alhaj Kaddunabbi Ibrahim Lubega and the Insurance Institute of Uganda Chairman Mr. Ronald Zaake after the breakfast meeting at Hotel Africa. 

Insurance companies have been called upon to partner with Micro Finance Institutions (MFIs) to promote microinsurance in Uganda.

While addressing Chief Executive Officers at a breakfast meeting organized by the Insurance Institute of Uganda (IIU) at Hotel Africana, Baguma encouraged insurers to design micro insurance products for the biggest and untapped informal market. Read more..

Head teachers advised to Insure School properties.

The IRA Chief Executive Officer Alhaj Kaddunabbi Ibrahim Lubega interacts with Mr. Muwagga Mugagga Anthony the Deputy Principal College of Education and External Studies Makerere University and other head teachers.

National Secondary School head teachers have been advised to take out insurance policies to protect students, teaching and non-teaching staff and school properties.

This was at a two day annual head teachers training conference organized by the Makerere University College of Education and External studies. Read more.

Insurance Act set for overhaul...

The Insurance Regulatory Authority of Uganda Director Legal and Compliance Mrs. Evelyn Nkalubo Muwemba making a point at the draft Insurance Bill stakeholders’ consultative workshop at Hotel Africana recently, as Richard Carpenter listens.

The Insurance Regulatory Authority of Uganda (IRA) is in the process of overhauling the Insurance Act to bring it in line with the international best practices.

The current Insurance Act (Cap 213) which came into force in 1996 and amended in 2011, is compliance based and does not address corporate governance or risk management obligations on insurance companies. Read More.. 

 
 
See a list of licensed Players;

Important Links
 
Our Contacts
Address:
Plot5,Kyadondo Road, Nakasero. Legacy Towers, Block B, 2nd Floor.
Kampala 22855 - Uganda
 
E-mail: ira@ira.go.ug
Telephone: 0312-266364/ 0414-346712 / 041-4253564
Fax: 256 414 349260
http://www.ira.go.ug
 
Information Center
 

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To Make a Complaint, Click Here or Call Toll Free 0800 124 124
Complaints Bureau
 
About the Bureau
The Authority set up a Complaints Bureau in 1998 as per Section 15(f) of the Insurance Act to handle complaits against Insurance players. The public is urged to always lodge complaints with the Bureau for prompt settlement to complaints and avoidance of lengthy and costly Court cases
For complaints / Suggestions
Your Name:
E-mail:
Telephone Number
Insurers
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Insurance Players
Regulations
Licenced Insurance Brokers
Licenced Loss Adjusters
Licenced Insurance Companies
HMOs
Licenced Agents
Insurance Regulations 2002
HMOs Regulations
Investment Regulations of Paidup Capital

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