The Insurance Regulatory Authority of Uganda (IRA) Chief Executive Officer, Alhaj Kaddunabbi Ibrahim Lubega, has urged health insurance providers to maximize technology to innovate customer-tailored services. Given the evolving customer needs, Alhaj Kaddunabbi who was speaking at AAR Health Services’ 40th anniversary celebration at Mestil Hotel, Kampala on October 31, 2024, said insurance solutions should… Continue reading IRA CEO CALLS FOR TAILORED HEALTH INSURANCE POLICIES
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Banking and financial services month launched with a call to boost investment opportunities
Financial services players have been urged to provide good and reasonable financial services for Ugandans to invest in and grow their savings. The call was made by the Director in charge of Supervision at Bank of Uganda, Dr Tumubweine Twinemanzi during the event to mark the World Savings day and launch the 5th Banking and… Continue reading Banking and financial services month launched with a call to boost investment opportunities
AGRICULTURE INSURANCE; A KEY TOOL FOR SUSTAINABLE FARMING, FOOD SECURITY
Despite being the backbone of Uganda, providing employment and livelihoods for a significant portion of the population, agriculture remains a risky venture. Most farmers encounter considerable challenges, including climatic risks and diseases, among others. Farmers have watched helplessly as their investments – cash, energy, and time, go to waste due to natural calamities such as… Continue reading AGRICULTURE INSURANCE; A KEY TOOL FOR SUSTAINABLE FARMING, FOOD SECURITY
THE INSURANCE BUZZ – JULY TO SEPTEMBER 2024 EDITION
As the Insurance Regulatory Authority (IRA) continues to champion progress in the insurance industry, the dedication to promoting community well-being remains unwavering. In the recent months, we have actively engaged in a range of initiatives, from transformative discussions to participating in impactful Corporate Social Responsibility events. Our participation in the 2024 Rotary Cancer Run and… Continue reading THE INSURANCE BUZZ – JULY TO SEPTEMBER 2024 EDITION
IRA PARTICIPATES IN THE 2024 ROTARY CANCER RUN
IRA PARTICIPATES IN THE 2024 ROTARY CANCER RUN The Insurance Regulatory Authority of Uganda (IRA) participated in the 2024 Rotary Cancer Run in a compelling display of Corporate Social Responsibility (CSR) and community spirit. The Cancer run took place on August 25, 2024 at Kampala Capital City Authority Grounds in Lugogo., The cancer run registered… Continue reading IRA PARTICIPATES IN THE 2024 ROTARY CANCER RUN
THE IRA INSURANCE NEWS BUZZ – QUARTER 4 EDITION
Welcome to the 2023/2024 4th quarter edition of the Insurance Buzz Newsletter. This issue highlights the need for innovation and technological transformation in the insurance sector. Our commitment to enhancing insurance penetration and securing investments remains steadfast. The Insurance Regulatory Authority of Uganda (IRA) continues to raise awareness and foster innovation through technology. Recent engagements… Continue reading THE IRA INSURANCE NEWS BUZZ – QUARTER 4 EDITION
YOU CAN PROFITABLY INVEST IN AGRICULTURE WITH INSURANCE
By Alhaj Kaddunabbi Ibrahim Lubega – Chief Executive officer , IRA Uganda Reference is made to a story that appeared in one of the daily newspapers on July 19, 2024, titled “Farmers count losses as dry spell scorches maize gardens.” This is very saddening given that Uganda is predominantly an agro-based economy. This loss is… Continue reading YOU CAN PROFITABLY INVEST IN AGRICULTURE WITH INSURANCE
INSURERS URGED TO INNOVATE MORE IN MICRO-INSURANCE
Insurers have been challenged to enhance innovation in the areas of micro-insurance, claims settlement, and cyber insurance, to drive inclusive insurance and boost penetration. The appeal was made by the Insurance Regulatory Authority of Uganda (IRA) Chief Executive Officer, Alhaj Kaddunabbi Ibrahim Lubega during the 60th industry CEOs breakfast meeting at Kampala Serena Hotel on… Continue reading INSURERS URGED TO INNOVATE MORE IN MICRO-INSURANCE
INSURANCE INDUSTRY REGISTERS ROBUST GROWTH IN 2023
Uganda’s insurance industry registered robust growth rate in 2023 on the back of enhanced insurance customer confidence, improved distribution channels, and growth in online transactions. Statistics released by the Insurance Regulatory Authority of Uganda (IRA) at a press briefing on July 4, indicate that the industry’s gross written premiums grew by 11.29% in 2023 from… Continue reading INSURANCE INDUSTRY REGISTERS ROBUST GROWTH IN 2023
IGNITING EXCELLENCY IN THE INSURANCE SECTOR
This magazine profiles a journey that transcends boundaries, defies norms, and champions the very essence of progress within our dynamic sector. Within this information-rich pieces, you will find not only a retrospective tapestry of the preceding three award galas, but also a compelling collection of narratives about the current edition. The profiles of the nominees… Continue reading IGNITING EXCELLENCY IN THE INSURANCE SECTOR