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Tag Archives: Insurance

UIA launches Insurance agents awards 2023 edition

Kampala, Uganda | THE INDEPENDENT | Uganda Insurers Association (UIA), the umbrella organization for all insurance companies in Uganda, has unveiled the Annual Insurance Agents Awards. The awards to be held under the theme Celebrating the role of an agent in the insurance cycle, will take place at Hotel Africana on …

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Liberty Uganda scoops insurance awards

Kampala, Uganda | THE INDEPENDENT | Liberty Uganda has continued its winning streak in 2023 by taking home three awards in the third edition of the Insurance Innovation Awards organized by the Insurance Regulatory Authority of Uganda (IRA) on March 10. It won the Most Innovative Insurance Solution (Online Portal for …

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Innovation, prompt claims payouts boost Insurance growth

Kampala, Uganda | THE INDEPENDENT | Uganda’s insurance Industry reports that in 2022 the various companies collected a total of 1.44 trillion Shillings in gross underwritten premiums, compared to 1.13 trillion Shillings recorded in 2021. This, according to the industry is due mainly to increasing awareness by the public of the …

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RIDERS: Make insurance boda boda friendly

Kampala, Uganda | THE INDEPENDENT | Bodaboda operators in Uganda have faulted the insurance industry for not taking care of their challenges to the extent that they see insurance as a money-making venture for the companies. They specifically question why they are forced to pay for third-party insurance yet when they …

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Oil and Gas companies shunning local Industry – Insurers

Kampala, Uganda | THE INDEPENDENT | The oil and gas companies snubbed Uganda’s insurance industry when importing drilling equipment, which would have raised premiums worth more than one trillion shillings, according to a claim. Specifically, they point at the four drilling rigs that have so far been shipped into the country, …

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Insurance sector regulator outlines 2023 priorities

Kampala, Uganda | JULIUS BUSINGE | The Insurance Regulatory Authority of Uganda Chief Executive Officer Kaddunabbi Ibrahim Lubega anticipates a good year for the insurance sector supported by improved economic performance in all sectors. Speaking at the CEO breakfast meeting held in Kampala at the end of last year, Kaddunabbi said, …

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