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) Reinsurance Brokers and 49 insurance Brokers. The others are 22 Bancassurance agents, and 33 Loss Assessors, Adjusters, and Risk Advisors. A detailed list of the 2026 authorized players is accessible our website, www.ira.co.ug
The authorization process was conducted in line with established regulatory frameworks, ensuring that all licensed players meet the required standards of compliance, integrity, and operational capacity. By granting these licenses, the Authority reaffirms its dedication to creating a fair and competitive environment that supports innovation and sustainable development.
The Chief Executive Officer Alhaj Dr. Kaddunabbi Ibrahim Lubega noted that the licensing is not just about numbers. “This rigorous exercise is about checking compliance of each player to build a strong foundation for insurance business in 2026. We therefore expect these players to uphold the highest standards of professionalism, contribute meaningfully to the growth of our economy.”
As the Authority continues to monitor and support licensed players to ensure adherence to regulations, the public is advised to deal with only licensed players.