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By Alhaj Kaddunabbi Ibrahim Lubega – Chief Executive officer , IRA Uganda Reference is made to a story that appeared in one of the daily
Uganda’s insurance industry registered robust growth rate in 2023 on the back of enhanced insurance customer confidence, improved distribution channels, and growth in online transactions.
This magazine profiles a journey that transcends boundaries, defies norms, and champions the very essence of progress within our dynamic sector. Within this information-rich pieces,
It was all joy on Friday, March 15, as the Insurance Regulatory Authority of Uganda (IRA) once again awarded the most innovative industry solutions at
With companies navigating an unprecedented mix of challenges, Boards of Directors have been urged to ensure strong governance practices to build resilient institutions. The call
By Alhaj Kaddunabbi Ibrahim Lubega – IRA CEO Reference is made to an article titled “Exclude the poor from health insurance contributions – experts” that
Welcome to our latest issue of the Insurance Buzz, our communication channel through which we share with you the developments that have taken place in
Uganda’s insurance sector recorded a year of strong growth of 20.4% in 2022 compared to 10.61% in 2021. Statistics released by the Insurance Regulatory Authority
The Insurance Regulatory Authority of Uganda (IRA) has today received the giant savings bank from the Uganda Insurers Association at a function held at the
It was joy and glamour as the insurance industry’s most innovative solutions for 2022 were honored at a dazzling awards gala held Friday March 10th,
The 2023 Annual Insurance Week (AIW), the Insurance Regulatory Authority (IRA) flagship event that seeks to promote insurance awareness among the public and ensure consumer
This week is dedicated to sensitizing and educating you on matters of insurance. The week brings together all licensed insurance players to physically interact with
134 INSURANCE PLAYERS AUTHORDISED TO TRANSACT IN 2023 The Insurance Regulatory Authority of Uganda (IRA) has authorised a total of 134 industry players to conduct
The Insurance Regulatory Authority of Uganda (IRA) has launched the 2022 insurance Industry Innovation Awards. This is the third edition of the awards and it
Uganda’s insurance industry grew faster in the third quarter of 2022 than had been earlier projected. Figures released by the Insurance Regulatory Authority of Uganda
Financial services providers have been urged to build and extend affordable and user friendly green financial solutions to underserved and low-income Ugandans to encourage them
The Insurance Regulatory Authority of Uganda (IRA) hosted a two-man delegation from the Tanzania Insurance Regulatory Authority (TIRA) that was in the country on a
The Insurance Regulatory Authority of Uganda (IRA) recently teamed up with the Uganda Blood Transfusion Services (UBTS) to mobilize blood amid its growing demand in
The Insurance Regulatory Authority of Uganda (IRA) has launched a Complaint Management System to efficiently track and address grievances between insurers and the insuring public.
The Insurance industry remained on a positive growth trajectory over the first six months of the year, further demonstrating the sector’s resilience amid a contracting
According to Alhaj, an insurance product that allows one to access medical during retirement, among others.
Equity Bank Uganda has joined the list of banks offering bancassurance services in the country. The bank with a network of about 50 branches across
Selected district in Eastern Region became beneficiaries of the IRA’s regional awareness programs when its officers camped in the region for two days to take
Life Insurance underwriters have been challenged to consider introducing insurance covers that enable people to contribute while still active and access medical attention in old
The Insurance Regulatory Authority of Uganda (IRA) successfully concluded a regional awareness program in the mid-Western Uganda, covering the districts of Hoima, Kagadi, Masindi Kiryandongo,
Life insurance product buyers are set to enjoy more accurate pricing for life insurance products following the launch of the Assured Lives Mortality Tables by
In this 7th edition of the IRA Newsletter, you will find out how the Inaugural Insurance Week went down ending with the 2nd edition of
At least six firms in the insurance industry have been awarded for their innovativeness in the just concluded second edition of the Insurance Product Innovation
The Insurance Regulatory Authority of Uganda (IRA), successfully held the inaugural Insurance Week from March 7 – 11, at the Railways Grounds in Kampala. The
March 3, 2022. The Insurance Regulatory Authority of Uganda (IRA) has launched the inaugural Insurance Week, an event that seeks to take insurance information closer
The Insurance Regulatory Authority of Uganda (IRA) will on March 11, award the most innovative industry players. This follows the launch of the second Insurance
With its ability to expedite numerous processes to increase efficiency, technology has positioned itself as a key enabler of survival and growth of businesses, irrespective of size
The Insurance Regulatory Authority Chief Executive Officer, Alhaj Kaddunabbi Ibrahim Lubega said enforcing the new CAR will ensure that the insured enjoy better and faster service provision.
Uganda’s insurance industry, is well positioned and adequately capitalised to support the successful implementation of AfCFTA through provision of high-quality insurance services to businesses and persons exploiting the opportunities created by this wider market of 1.3 billion people, with a combined gross domestic product (GDP) of $3.4 trillion.
As a policy holder, it is important to inform your declared next of kin about your policy such that in the event of sudden death, your beneficiaries have a starting point. Similarly, you need to keep track of the status of your policy and also ensure that your premiums are paid on time.
The Insurance Regulatory Authority of Uganda (IRA) has authorised a total of 131 industry players to conduct insurance business in 2022, effective January 1. These
The insurance Regulatory Authority of Uganda (IRA) has launched and handed over the newly constructed Kibibi daily market to the Kibibi community. The construction of
The Insurance Regulatory Authority of Uganda (IRA) hails the merger of Sanlam General Insurance and Jubilee Allianz, ushering in a new era with the creation
Former Chief Justice Benjamin Odoki has urged the Legal team at the Insurance Regulatory Authority of Uganda (IRA) to uphold the highest standards of excellence
Ugafode Microfinance Limited has received clearance from the Insurance Regulatory of Uganda (IRA) to sell insurance under the bancassurance arrangement. The Micro-Deposit taking institution with
The Ministry of Finance Permanent Secretary/ Secretary to the Treasury Ramathan Ggoobi has urged Uganda’s insurance industry players to play a more deliberate role in
By Faridah Kulabako Traders operating in and around Ggaba Beach market have been urged to embrace proper waste disposal by utilizing the donated garbage skips
Female lawyers in Uganda have been urged to make use of the Insurance Complaints Bureau whenever they encounter challenges with insurance service providers for easy
From the spirited conversations at theMedia Workshop, where calls were madeto demystify technical jargon and bringinsurance closer to everyday realities,to the Insurance Appeals Tribunalurging clarity
Uganda’s insurance industry has launched an aggressive campaign that seeks to empower people across the country with the relevant insurance information to boost confidence in
By Mariam Nalunkuuma Insurance industry players have been challenged to adopt the Environmental Social and Governance (ESG) agenda if they are to grow for sustainably.
Insurance industry players must focus on transparency, clear communication, and fair and faster claim handling to improve customer experience and boost public trust. The appeal
By Faridah Kulabako Increased market activity, coupled with an expansion in coverage soared the insurance industry’s 2025 half year performance, according to the latest figures
By Sampaul Nakhaima The State Minister of Finance, Planning and Economic Development (General Duties), Hon. Henry Musasizi, has challenged members of the Organisation of Eastern
By Sampaul Nakhaima The Insurance Regulatory Authority of Uganda (IRA) on Wednesday August 20, 2025 held a consultative meeting with the medical service providers to
“While accuracy is essential, insurers should strive to explain key details in plain language that the average person can understand. Simple and clear messaging is
By Kenneth Bukenya The East African Community (EAC) has launched the pilot phase of a single customs bond, a regional customs guarantee instrument designed to
Taxi drivers have been urged to embrace insurance to safeguard themselves and their loved ones against unforeseen risks. The call was made by the Insurance
The Insurance Regulatory Authority of Uganda has donated garbage skips to Kampala Capital City Authority (KCCA) to Nateete market in a bid to support responsible
Insurance Regulatory Authority stakeholders are set to enjoy excellent and high- quality services following the achievement of the International Standards Organisation (ISO) 9001:2025 certification. The
Uganda’s insurance market is set for a revolution following the announcement that Ugandans will soon be able to access Takaful insurance products for their risk
Uganda’s insurance industry posted healthy growth in gross written premiums (GWP) in 2024 according to statistics released by the Insurance Regulatory Authority of Uganda (IRA).
By Mariam Nalunkuuma – Corporate Affairs The Insurance Regulatory Authority of Uganda (IRA) hosted a week-long East African Insurance Supervisors’ Association (EAISA) Exco meeting where
Thousands of Ugandans working abroad can now enjoy the needed social protection following the launch of a new insurance product dubbed the Uganda Migrant Workers
The Insurance Regulatory Authority of Uganda (IRA) is mandated to regulate, supervise, monitor and control insurance business in Uganda. To strengthen its regulatory mandate, the
By. Kenneth Bukenya The Insurance Training College (ITC) has taken a major step in advancing insurance education in Uganda with the launch of three new
In a move to strengthen the resilience of the agriculture sector and the entire population, Ugandans have been urged to embrace insurance to safeguard themselves,
The Insurance Brokers Association of Uganda (IBAU) is set to hold the 7th Annual Conference starting April 23-25, 2025 at Las Vegas Hotel, Mbarara City.
In a world increasingly defined by unpredictability, innovation and trust have become the new currency-and Uganda’s insurance sector is cashing in. From the vibrant pulse
While Uganda’s insurance industry has been steadily growing over the past decade, the persistent low penetration rate is worrying industry captains who are now seeking
Hundreds of Muslims from the Insurance industry on Wednesday, March 19, 2025, gathered at the Insurance Tower for the 10th Iftar dinner. The event which
The Insurance Regulatory Authority of Uganda (IRA) awarded and celebrated the most innovative industry players in a colourful gala dinner held at Kampala Serena Hotel
The Insurance Regulatory Authority of Uganda (IRA), together with its partners this week are marking and celebrating the Annual Insurance Week, 2025 (AIW). Speaking during
The Insurance Regulatory Authority of Uganda (IRA) Chief Executive Officer, Alhaj Kaddunabbi Ibrahim Lubega has urged the judiciary to embrace insurance to enhance institutional efficiency
Mariam Nalunkuuma Manager Corporate Affairs Insurance Regulatory Authority of Uganda While education is often viewed as the pathway to a better future, the harsh reality
The Insurance Regulatory Authority of Uganda (IRA), together has launched the 2025 Annual Insurance Week (AIW), with a call for building public confidence, as it
By Alhaj Kaddunabbi Ibrahim Lubega – CEO January 2, 2025 was a normal day to the traders operating at Nyumba Kubwa building, in down town
The insurance industry has continued to register robust growth rates in the first three quarters of 2024, with the total gross written premium growing to
In this Newsletter, we reflect on the resilience, innovation, and commitment that have defined the insurance industry in 2024. It has been a year of
————————————————————————– The Insurance Regulatory Authority of Uganda (IRA) has authorized a total of 143 industry players to conduct insurance business, effective January 2, 2025. The
Financial sector players in the insurance, banking, retirement and securities space joined the world in commemorating the world savings day under the theme, “sustainability and
The Insurance Regulatory Authority of Uganda (IRA) Chief Executive Officer, Alhaj Kaddunabbi Ibrahim Lubega paid a courtesy visit to the National Insurance Commission (NAICOM) Commissioner,
The Insurance Regulatory Authority of Uganda has launched the 2024 Annual Insurance Innovation Awards (AIIA) with a call to all licensed industry players to participate.
Maritime voyages carry significant risks, with cargo shipments often facing threats like damage, loss, accidents, or natural disasters. These risks can lead to substantial financial
The insurance industry has been implored to build trust, transparency and confidence if it is to maintain relevance among consumers and keep pace with the
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Traders are set to enjoy easy and convenient access to insurance for their goods following the launch of the local marine insurance platform. Dubbed the
The Insurance Regulatory Authority of Uganda (IRA) Chief Executive Officer, Alhaj Kaddunabbi Ibrahim Lubega, has urged health insurance providers to maximize technology to innovate customer-tailored
Financial services players have been urged to provide good and reasonable financial services for Ugandans to invest in and grow their savings. The call was
Despite being the backbone of Uganda, providing employment and livelihoods for a significant portion of the population, agriculture remains a risky venture. Most farmers encounter
As the Insurance Regulatory Authority (IRA) continues to champion progress in the insurance industry, the dedication to promoting community well-being remains unwavering. In the recent
Insurance industry players have been urged to be intentional and position customers at the heart of their innovations in order to churn out solutions that
IRA PARTICIPATES IN THE 2024 ROTARY CANCER RUN The Insurance Regulatory Authority of Uganda (IRA) participated in the 2024 Rotary Cancer Run in a compelling
Welcome to the 2023/2024 4th quarter edition of the Insurance Buzz Newsletter. This issue highlights the need for innovation and technological transformation in the insurance
State Minister of Finance (General Duties), Hon. Amos Lugolobi, emphasized the critical need for African insurance leaders to adopt digital transformation in their operations to
Insurers have been challenged to enhance innovation in the areas of micro-insurance, claims settlement, and cyber insurance, to drive inclusive insurance and boost penetration. The
IRA AUTHORISES 139 INDUSTRY PLAYERS TO TRANSACT IN 2024 The Insurance Regulatory Authority of Uganda (IRA) has authorised a total of 139 industry players to
The Insurance Regulatory Authority of Uganda (IRA), in partnership with the industry umbrella bodies, has launched the fourth round of the Innovation awards. Speaking at
Insurance industry players have been urged to improve service quality, especially in areas of customer care, communication channels, claims payment and complaints management to increase
The Insurance Regulatory Authority of Uganda (IRA) has reported strong second-quarter results, showcasing impressive growth in written premiums on the back of a resilient sector.
By Alhaj Kaddunabbi Ibrahim Lubega Nothing made headlines consistently last year like road crashes that claimed thousands of lives with hundreds surviving with injuries. According
By Alhaj Kaddunabbi Ibrahim Lubega Just like Motor Third Party Insurance is mandatory for all motorists driving on Ugandan roads, Workers’ Compensation insurance is also
The conversation on the National Health Insurance Scheme is not yet over. It still remains a subject that everyone should be interested in for the
By Alhaj Kaddunabbi Ibrahim Lubega Reference is made to an article published titled “Over regulation is killing small businesses – expert” that was published in
The Insurance industry has launched an integrated marine insurance platform which will enable importers, especially shippers, to pay marine insurance through locally licensed insurance companies.