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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.
IRA Licenses 85 Insurance Players for 2016.

The Insurance Regulatory Authority of Uganda has granted licenses to 85 players to transact insurance business in the year 2016.

The IRA is mandated under sections 28 (1), 32 (2) (a), 72 (1) and 76 (2) of the Insurance Act (Cap 213) Laws of Uganda 2000 as amended, to license all insurance players annually before they transact insurance business.

The Authority has licensed 29 insurance companies (21 firms for non-life.. Read more.

Bridging the gaps in enforcing the Workers' compensation Act..

KCCA Labour Officers, Susan Bikobere, Ruth Kulabako and Hannington Kasagga at a two-day training meeting on Workers Compensation Act at IRA Boardroom.

The Insurance Regulatory Authority of Uganda (IRA) is collaborating with the Kampala Capital City Authority (KCCA) Labour office to bridge the gaps in the enforcement of the Workers Compensation Act.

The KCCA Labour Officers led by the Manager Compliance Management James Lwanga, were given highlights on insurance business and the structure of the insurance industry; the salient features of Workers Compensation Act; an outline of the workers compensation/Group Personal Accident.. Read more.

Insurance Industry grows at 46% rate..

The Chairman Uganda Insurers Association and Chief Executive Officer, Jubilee Insurance Company Limited Mr. Deepak Pandey making his point at the CEO's breakfast meeting recently at Serena Hotel, Kampala. (File Photo)

The Insurance industry gross written premium has grown by 46% from Ushs. 290.83 realised in the first three quarters of 2014 to Ushs425.3bn registered in the first three quarters of 2015 (January to September). The growth has mainly been attributed to the new infrastructural projects whose premiums were realized in the first three quarters of the year 2015. 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
 

Employee of the Year


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
Comments

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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