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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.
Finance minister presents Insurance Bill 2016 to parliament..

The Minister of State for Investment Hon. Ajedra Garbriel presenting the Insurance Bill to the finance committee of parliament. Listening is the IRA Chief Executive Officer Alhaj Kaddunabbi Ibrahim Lubega who was accompanied by other IRA officials, Manager Insurance Chris Kananura and Legal Officer Benson Kwikiriza.

The State Minister for Investment Hon. Gabriel Ajedra in the company of the IRA Chief Executive Officer Alhaj Kaddunabbi Ibrahim Lubega, presented the Insurance Bill No.11 2016 to the Parliament’s Finance Committee for consideration. The Bill was presented for first reading.

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IRA continues with public awareness drives

The IRA team led by the Assistant Director Market Research and Development Mr. Sande Protazio interacting with motorists at the Kasese-Bushenyi-Kagamba junction in Ishaka trading center. It had been noted that 99% of the motorists in the area did not have compulsory Motor Third Party Insurance cover and were ignorant about insurance services.

The Insurance Regulatory Authority of Uganda has continued to undertake various initiatives aimed at enhancing penetration of insurance services. In this respect, the IRA teams carried out public awareness drives in Mbale, Bushenyi and Ishaka in the months of September and October 2016.

During these campaigns, the focus was put on educating the public about the need for, and benefits of insurance as well as issues pertaining to the rights and obligations of different parties to the insurance...Read more.

The IRA's Actuarial Officer/Statistician, Mr. Ivan Kilameri facilitating students of Nabumali High School in Mbale, as the Director Operations Mr. George Steven Okotha looks on. The team shared with the students the various career opportunities in the insurance industry, the roles of the Authority as well as the general benefits of insurance to an ordinary person.

 
 
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 Month


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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