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 27 branches across the country officially received its license on Thursday October 23, 2025, at a media handover ceremony held at the Insurance Tower in Kampala. Its entrance in this… Continue reading IRA GREENLIGHTS UGAFODE MICROINSURANCE TO OFFER BANCASSURANCE SERVICES
Insurance for All: Building Resilience, Inclusion and Growth
Author: IRA UGANDA
DE-RISK UGANDA’S ECONOMY – FINANCE MINISTRY PS GGOOBI TELLS INSURERS
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 de-risking the economy and driving the country’s ambitious “tenfold growth strategy.” The tenfold growth strategy is a government framework aimed at achieving rapid, sustainable, and inclusive economic expansion by increasing… Continue reading DE-RISK UGANDA’S ECONOMY – FINANCE MINISTRY PS GGOOBI TELLS INSURERS
EMBRACE RESPONSIBLE WASTE DISPOSAL: IRA RALLIES MARKET TRADERS AS IT DONATES GARBAGE SKIPS
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 to improve sanitation and hygiene. The call was made by the Insurance Regulatory Authority of Uganda (IRA) Chief Executive Officer, Alhaj Dr. Kaddunabbi Ibrahim Lubega as he handed over two… Continue reading EMBRACE RESPONSIBLE WASTE DISPOSAL: IRA RALLIES MARKET TRADERS AS IT DONATES GARBAGE SKIPS
MAKE USE OF THE INSURANCE COMPLAINTS BUREAU – FEMALE LAWYERS TOLD
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 and faster redress. The call was made by the Insurance Regulatory Authority of Uganda (IRA) Director Legal, Ms. Francesca Kakooza, during the Female Lawyers Network (FLN) symposium held at Hotel… Continue reading MAKE USE OF THE INSURANCE COMPLAINTS BUREAU – FEMALE LAWYERS TOLD
THE IRA NEWSLETTER – LATEST EDITION
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 and fairness in policiesand claims, the common thread isunmistakable: trust must remain the cornerstone of progress. Find the full newsletter in this link
INDUSTRY PLAYERS RALLIED TO ADOPT ESG AGENDA FOR SUSTAINABLE GROWTH
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. The call was made by the Insurance Regulatory Authority of Uganda (IRA) Chief Executive Officer, Alhaj Dr. Kaddunabbi Ibrahim Lubega during the 8th John Ssebaana Kizito memorial lecture at Brovad… Continue reading INDUSTRY PLAYERS RALLIED TO ADOPT ESG AGENDA FOR SUSTAINABLE GROWTH
INCREASED COVERAGE, MARKET ACTIVITY LIFT UGANDA’S INSURANCE INDUSTRY’S HALF YEAR PREMIUMS
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 released by the Insurance Regulatory Authority of Uganda (IRA). The figures show that the industry’s Gross Written Premium (money collected), grew by 8.78% in the first six months ending June… Continue reading INCREASED COVERAGE, MARKET ACTIVITY LIFT UGANDA’S INSURANCE INDUSTRY’S HALF YEAR PREMIUMS
REGIONAL INSURERS URGED TO DELIVER PRACTICAL SOLUTIONS AS 47TH OESAI CONFERENCE KICKS OFF IN UGANDA
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 and Southern Africa Insurers (OESAI) to move beyond diagnosing risks and focus on delivering practical solutions that meet the evolving client needs. Speaking at the official opening of the 47th… Continue reading REGIONAL INSURERS URGED TO DELIVER PRACTICAL SOLUTIONS AS 47TH OESAI CONFERENCE KICKS OFF IN UGANDA
IRA, MEDICAL SERVICE PROVIDERS MEET TO ALIGN PREQUALIFICATION REQUIREMENTS
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 deliberate on how to ensure that Ugandans have access to reliable, safe, and quality health services under health insurance arrangement. The meeting was attended by private medical service providers from… Continue reading IRA, MEDICAL SERVICE PROVIDERS MEET TO ALIGN PREQUALIFICATION REQUIREMENTS
EAC LAUNCHES SINGLE CUSTOMS BOND TO ENHANCE TRADE EFFICIENCY, LOWER COSTS
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 streamline cargo movement across borders of member states. Launched at the Sheraton Hotel, Kampala on August 4, 2025, the customs bond replaces multiple national customs bonds with one unified system… Continue reading EAC LAUNCHES SINGLE CUSTOMS BOND TO ENHANCE TRADE EFFICIENCY, LOWER COSTS