Insurance industry players have been urged to be intentional and position customers at the heart of their innovations in order to churn out solutions that speak to consumer needs. Speaking during the 61st CEOs Breakfast meeting at Serena Hotel, Kampala on September 19, 2024, Mr. Michael Niyitegeka, the Executive Director, Rafactory, a software skilling academy,… Continue reading CO-CREATE WITH THE CONSUMER – INSURERS TOLD
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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
EMBRACE TECHNOLOGY – AFRICAN INSURANCE LEADERS URGED
State Minister of Finance (General Duties), Hon. Amos Lugolobi, emphasized the critical need for African insurance leaders to adopt digital transformation in their operations to effectively manage business and administrative costs. Speaking at the Africa Innovation for Resilience (AIR) Conference 2024 in Kampala, Hon. Lugolobi highlighted the rapid evolution of digital technologies in sub-Saharan Africa,… Continue reading EMBRACE TECHNOLOGY – AFRICAN INSURANCE LEADERS URGED
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
FIRMS, INDIVIDUALS SHINE AT THE 2023 INNOVATION AWARDS GALA
It was all joy on Friday, March 15, as the Insurance Regulatory Authority of Uganda (IRA) once again awarded the most innovative industry solutions at a colorful ceremony held at Kampala Serena Hotel. With nine categories and plaques of gold and silver, the 2023 Insurance innovation awards recognized the “cream of the crop” in Uganda’s… Continue reading FIRMS, INDIVIDUALS SHINE AT THE 2023 INNOVATION AWARDS GALA
BUILD AFFORDABLE FINANCIAL SOLUTIONS TO BOOST SAVINGS – BOU
Financial services providers have been urged to build and extend affordable and user friendly green financial solutions to underserved and low-income Ugandans to encourage them to save with formal financial institutions to grow savings in the country. The appeal was made by the Bank of Uganda Deputy Governor Mr. Michael Atingi-Ego at a media briefing… Continue reading BUILD AFFORDABLE FINANCIAL SOLUTIONS TO BOOST SAVINGS – BOU
IRA PARTNERS WITH UBTS IN BLOOD DONATION DRIVE
The Insurance Regulatory Authority of Uganda (IRA) recently teamed up with the Uganda Blood Transfusion Services (UBTS) to mobilize blood amid its growing demand in hospitals across the country. Uganda Blood Transfusion Services (UBTS), is the body mandated to conduct blood donor recruitment and mobilization countrywide while IRA is the regulatory body for the insurance… Continue reading IRA PARTNERS WITH UBTS IN BLOOD DONATION DRIVE