This week is dedicated to sensitizing and educating you on matters of insurance. The week brings together all licensed insurance players to physically interact with you so as to understand your insurance needs and serve you better. This week will start on Monday 6th to Thursday 9th March 2023 at Railway Grounds in Kampala, and… Continue reading THE ANNUAL INSURANCE WEEK IS BACK!
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Tag: Insurance Regulatory Authority of Uganda
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 LAUNCHES SYSTEM TO EASE COMPLAINTS HANDLING
The Insurance Regulatory Authority of Uganda (IRA) has launched a Complaint Management System to efficiently track and address grievances between insurers and the insuring public. The online system enables the insuring public to lodge insurance-related complaints at their convenience, without necessarily having to travel to IRA offices as it has been under the manual system.… Continue reading IRA LAUNCHES SYSTEM TO EASE COMPLAINTS HANDLING
THE IRA NEWSLETTER
INSURANCE INDUSTRY POSTS IMPRESSIVE FIRST HALF RESULTS
The Insurance industry remained on a positive growth trajectory over the first six months of the year, further demonstrating the sector’s resilience amid a contracting economy due to challenging macroeconomic fundamentals. Figures from the Insurance Regulatory Authority of Uganda (IRA) released on Thursday August 18, 2022 show that the industry’s gross underwritten premiums grew from… Continue reading INSURANCE INDUSTRY POSTS IMPRESSIVE FIRST HALF RESULTS
AN UPDATE ON THE NATIONAL HEALTH INSURANCE SCHEME
The conversation on the National Health Insurance Scheme is not yet over. It still remains a subject that everyone should be interested in for the advantages it carries. IRA’s CEO Alhaj Kaddunabbi Ibrahim Lubega spared some time and responded to some of the important questions on this subject. What is health insurance all about? Health… Continue reading AN UPDATE ON THE NATIONAL HEALTH INSURANCE SCHEME
ANYONE CAN INVEST IN INSURANCE
By Alhaj Kaddunabbi Ibrahim Lubega Reference is made to an article published titled “Over regulation is killing small businesses – expert” that was published in the New Vision of July 1, 2022 on page 24. In the article, the writer quotes the Makerere University Business School (MUBS) Principal, Prof. Wasswa Balunywa, saying that “people interested… Continue reading ANYONE CAN INVEST IN INSURANCE
EQUITY BANK UGANDA GIVEN GREEN LIGHT TO OFFER BANCASSURANCE SERVICES
Equity Bank Uganda has joined the list of banks offering bancassurance services in the country. The bank with a network of about 50 branches across the country, officially received clearance from the Insurance Regulatory Authority of Uganda (IRA) on Monday at the Insurance Tower, in Kampala. Its entrance in this space brings the number of… Continue reading EQUITY BANK UGANDA GIVEN GREEN LIGHT TO OFFER BANCASSURANCE SERVICES
IRA CAMPS IN MID-WESTERN REGION, EDUCATES MASSES ON INSURANCE
The Insurance Regulatory Authority of Uganda (IRA) successfully concluded a regional awareness program in the mid-Western Uganda, covering the districts of Hoima, Kagadi, Masindi Kiryandongo, Kikuube and Buliisa. During the two-day workshop program, a lot of information was shared with different groups of people among whom were farmer group leaders, Traffic Police Officers, boda boda… Continue reading IRA CAMPS IN MID-WESTERN REGION, EDUCATES MASSES ON INSURANCE
THE IRA NEWSLETTER (7TH EDITION)
In this 7th edition of the IRA Newsletter, you will find out how the Inaugural Insurance Week went down ending with the 2nd edition of the Annual Insurance Innovation Awards. You also get to learn of IRA’s new and permanent home, which has now been occupied. Your feedback on this newsletter by way of comments… Continue reading THE IRA NEWSLETTER (7TH EDITION)