Two leading insurance innovation solutions have been recognized by the Insurance Regulatory Authority of Uganda (IRA) in partnership with the United Nations Development Programme (UNDP), at the recently concluded Insurance Innovation Challenge. The challenge saw 53 innovators submit ideas aimed at making insurance more accessible, affordable and responsive to the needs of farmers, small businesses,… Continue reading IRA, UNDP BACK INSURTECH SOLUTIONS FOR MARKET GROWTH
Insurance for All: Building Resilience, Inclusion and Growth
Author: IRA UGANDA
EAST AFRICA INSURANCE REGULATORS MOVE TO HARMONIZE SUPERVISION AS REGIONAL MARKET DEEPENS
African insurance regulators have agreed on measures aimed at reducing regulatory fragmentation and strengthening oversight of an increasingly interconnected regional insurance market.The decisions were reached during meetings of the East African Insurance Supervisors Association (EAISA) in Nairobi, bringing together regulators from Burundi, the Democratic Republic of Congo, Kenya, Rwanda, Tanzania and Uganda. Discussions focused on… Continue reading EAST AFRICA INSURANCE REGULATORS MOVE TO HARMONIZE SUPERVISION AS REGIONAL MARKET DEEPENS
HON. NAKADAMA COMMENDS IRA’S PUBLIC INSURANCE AWARENESS EFFORTS
The Third Deputy Prime Minister and Minister without Portfolio Rt. Hon. Rukia Nakadama, has commended the Insurance Regulatory Authority of Uganda (IRA) for its continued efforts to educate the public about insurance. Hon. Nakadama made the remarks while visiting the IRA exhibition stall during the National Cooperative Conference organised by the Uganda Cooperative Alliance, an… Continue reading HON. NAKADAMA COMMENDS IRA’S PUBLIC INSURANCE AWARENESS EFFORTS
INSURERS CHALLENGED TO BE PART OF UGANDA’S 10-FOLD GROWTH STRATEGY
Insurers have been challenged to move beyond traditional insurance products and play a bigger role in supporting investment, infrastructure, production and other areas of Uganda’s economic transformation in the wake of the implementation of the 10-fold growth framework. According to the National Planning Authority Executive Director, Dr. Joseph Muvawala, insurance should be part of the… Continue reading INSURERS CHALLENGED TO BE PART OF UGANDA’S 10-FOLD GROWTH STRATEGY
220 ANIMALS LOST IN NAKASONGOLA: A CALL FOR AGRICULTURE INSURANCE
DR. SANDE PROTAZIO – AG. CEO, IRA UGANDA On August 12, 2026, the Daily Monitor published a disturbing report on page 32 under the headline, ‘Thugs kill 220 animals on farm on disputed land.’ The article drew my attention and provoked several questions. How did the farm owner cope with receiving such devastating news? Was… Continue reading 220 ANIMALS LOST IN NAKASONGOLA: A CALL FOR AGRICULTURE INSURANCE
INSURANCE PREMIUMS CROSS UGX 2 TRILLION AS LIFE BUSINESS SPARKS HISTORIC GROWTH
A historic milestone was registered in 2025, with Gross Written Premiums (GWP) exceeding Ugx2 trillion for the first time. This signals a maturing market driven by surging demand for life insurance and stronger consumer confidence. While releasing the sector performance year ending 2025 at a press briefing on June 26, 2026 at the Insurance Tower,… Continue reading INSURANCE PREMIUMS CROSS UGX 2 TRILLION AS LIFE BUSINESS SPARKS HISTORIC GROWTH
INCLUSIVE FUTURE: IRA AND REACH A HAND EMPOWER YOUTH WITH
The Insurance Regulatory Authority of Uganda’s western regional office in partnership with Reach A Hand Uganda have intensified efforts to promote financial inclusion. The duo conducted an insurance literacy training for person with disabilities in Isingiro District In a seven-day training held at Golden Crane Hotel, Bonny Okello, the IRA Regional Head delivered insurance literacy… Continue reading INCLUSIVE FUTURE: IRA AND REACH A HAND EMPOWER YOUTH WITH
LOCAL GOVERNMENT LEADERS TIPPED ON INSURANCE
Nearly 200 local government leaders from Mpigi, Butambala, Wakiso and Kampala, have been urged to champion insurance adoption among their communities. The Insurance Regulatory Authority of Uganda, empowered the leaders with insurance knowledge on Agriculture Insurance and microinsurance, advising them to safeguard themselves against unexpected risks while building stronger financial resilience. The leaders from Mpigi… Continue reading LOCAL GOVERNMENT LEADERS TIPPED ON INSURANCE
CRACKING DOWN ON MONEY LAUNDERING RISK ASSESSMENT INITIATIVE UNVEILED
The insurance sector introduced a tailored Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Risk Assessment initiative to strengthen financial integrity. The initiative, spearheaded by the Uganda Insurers Association (UIA) with technical support from Africa Risk Management and Compliance Partners, is expected to provide the industry with a clearer understanding of its exposure to… Continue reading CRACKING DOWN ON MONEY LAUNDERING RISK ASSESSMENT INITIATIVE UNVEILED
CRACKING DOWN ON MONEY LAUNDERING RISK ASSESSMENT INITIATIVE UNVEILED
The insurance sector introduced a tailored Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Risk Assessment initiative to strengthen financial integrity. The initiative, spearheaded by the Uganda Insurers Association (UIA) with technical support from Africa Risk Management and Compliance Partners, is expected to provide the industry with a clearer understanding of its exposure to… Continue reading CRACKING DOWN ON MONEY LAUNDERING RISK ASSESSMENT INITIATIVE UNVEILED