The Insurance Innovation Challenge receives 53 applications and only ten teams proceed to a five-day hackathon to refine proposed insurance solutions with the potential to expand access by the underserved Ugandans. The hackathon follows a nationwide call for applications were a few were shortlisted ready to present innovations spanning from agriculture, health, transport, life insurance… Continue reading 53 Insurance solutions and ideas received in the Insurance Innovation Challenge.
Insurance for All: Building Resilience, Inclusion and Growth
Category: Uncategorized
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
Insurance premiums cross Shs1 trillion in half year as life business surges.
Uganda’s insurance industry is undergoing a significant structural shift, with gross written premiums (GWP) surpassing the Shs1 trillion mark in the first half of 2026, driven by a sharp rise in life insurance business. The Insurance industry GWP – the total amount of money insurance customers pay to be insured – increased by 7.68% to… Continue reading Insurance premiums cross Shs1 trillion in half year as life business surges.
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
IRA Ag. CEOs Message.
Dear stakeholders, Thank you for your continued support in growing Uganda’s insurance industry. Your efforts have been key to the progress we have made together. The sector has shown great strength and resilience, even in challenging times. More people and businesses are trusting insurance as a way to protect their future and secure livelihoods. With… Continue reading IRA Ag. CEOs Message.
INSURERS TASKED TO ROLL OUT MANDATORY SENSITIZATION ON WORKERS’ COMPENSATION
General insurers have been tasked to roll out mandatory awareness and sensitization campaigns on workers’ compensation insurance. This directive aims at closing the persistent knowledge gap around requirements and procedures in claiming compensation when employees suffer inquiries while at their workplaces. The directive issued in a circular dated March 16, 2026, signed by the… Continue reading INSURERS TASKED TO ROLL OUT MANDATORY SENSITIZATION ON WORKERS’ COMPENSATION
THE INSURANCE BUZZ – LATEST EDITION
In this issue, we spotlight significant regulatory milestones, insights from the recently concluded Insurance Week and emerging innovations driving access, relevance and growth across the sector. We invite you to engage with this edition, reflect on its insights and share your feedback as we continue to improve on how best we can serve you through… Continue reading THE INSURANCE BUZZ – LATEST EDITION
CELEBRATING EXCELLENCE IN STYLE: INSURANCE INNOVATION AWARDS 2025
March 27was an evening clad with flair, glamour and elegance as the insurance industry met once again to recognize, honour and celebrate the triailblazing innovators at the industry prestigious awards gala. Organised by the Insurance Regulatory Authority of Uganda (IRA) in partnership with the Insurance Training College, the Uganda Insurers’ Association, the Insurance Brokers’… Continue reading CELEBRATING EXCELLENCE IN STYLE: INSURANCE INNOVATION AWARDS 2025
THE INSURANCE BUZZ – LATEST EDITION: DECEMBER 2025
From landmark mergers that signal market maturity and resilience, to the rollout of Takaful regulations opening doors to ethical and inclusive insurance, Uganda’s insurance landscape is evolving with purpose. We spotlight progress where it matters most, bringing insurance closer to the people. Bancassurance is expanding protection through familiar financial institutions, while digitized motor thirdparty stickers… Continue reading THE INSURANCE BUZZ – LATEST EDITION: DECEMBER 2025
144 PLAYERS SET TO DRIVE INSURANCE BUSINESS IN 2026
The Insurance Regulatory Authority of Uganda (IRA) has cleared 144 industry players to conduct insurance business, effective January 2, 2026. The players include two (2) Reinsurance companies, nineteen (19) non-life insurance companies, nine (9) life insurance companies, three (3) micro insurance companies, one (1) Takaful insurance company, one (1) Health Membership Organisation (HMO), five (5)… Continue reading 144 PLAYERS SET TO DRIVE INSURANCE BUSINESS IN 2026