Dr. Protazio Sande has been named the Ag. Chief Executive Officer, Insurance Regulatory Authority of Uganda (IRA), taking over from Alhaj Dr. Kaddunabbi Ibrahim Lubega. The appointment of Dr. Sande, who is substantively the Director Strategy and Market Development, was announced by the IRA Board Chairperson, CPA FCCA Keto Nyapendi Kayemba on June 2, 2026,… Continue reading DR. SANDE NAMED ACTING IRA CHIEF EXECUTIVE OFFICER
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Tag: IRA Uganda
WILLINGNESS TO CONFRONT THE FUTURE KEY TO SUSTAINABLE PROFITABILITY – INSURERS TOLD
Faridah Kulabako: Insurance industry captains must prioritize curiosity and open-mindedness to navigate today’s complex business landscape characterized with uncertainty, disruption, and rapid technological advancements if they are to drive sustainable growth. The call was made by Dr. Peter Kimbowa, the Team leader at CEO Summit during the 68th CEO’s Breakfast Meeting organised by the Insurance… Continue reading WILLINGNESS TO CONFRONT THE FUTURE KEY TO SUSTAINABLE PROFITABILITY – INSURERS TOLD
WEAK GOVERNANCE, NOT TAXATION KILLS BUSINESSES – EXPERTS
Sampaul Nakhaima: There is a rising concern over the collapse of enterprises in Uganda with many owners attributing the trend to unfavorable competition and unfair taxation regime. Business leaders, however, disagree with this. Their view is that weak leadership, poor governance structures and the failure of boards to execute their oversight mandate effectively play a… Continue reading WEAK GOVERNANCE, NOT TAXATION KILLS BUSINESSES – EXPERTS
THE NEW YEAR TEST WE RARELY PREPARE FOR
Sande Protazio, Director Strategy and Market Development – Insurance Regulatory Authority of Uganda. The new year always arrives quietly, almost deceptively. A fresh calendar, renewed hope, and the familiar promise that this year will be better than the last. Families plan school fees, entrepreneurs refine business ideas, farmers prepare for the next season, and professionals… Continue reading THE NEW YEAR TEST WE RARELY PREPARE FOR
PRIORITIZE NHIS: PUT AN END TO UNEXPECTED MEDICAL BILLS
Alhaj Dr. Kaddunabbi Ibrahim Lubega CEO – Insurance Regulatory Authority of Uganda In November 2025, as he bid farewell to his mother, businessman and city mogul Hassan Basajjabalaba opened his heart to the nation. He spoke of the painful journey his family endured while fighting to save her life, a battle against a complicated heart… Continue reading PRIORITIZE NHIS: PUT AN END TO UNEXPECTED MEDICAL BILLS
143 PLAYERS AUTHORISED TO TRANSACT INSURANCE BUSINESS IN 2025
————————————————————————– The Insurance Regulatory Authority of Uganda (IRA) has authorized a total of 143 industry players to conduct insurance business, effective January 2, 2025. The players include two (2) Reinsurance companies, 20 non-life insurance companies, nine (9) life insurance companies, four (4) micro insurance companies, one (1) Health Membership Organisation (HMO), six (6) Reinsurance Brokers… Continue reading 143 PLAYERS AUTHORISED TO TRANSACT INSURANCE BUSINESS IN 2025
INSURERS TIPPED ON VALUE OF TRUST, TRANSPARENCY IN UNLOCKING GROWTH
The insurance industry has been implored to build trust, transparency and confidence if it is to maintain relevance among consumers and keep pace with the broader economic growth. Speaking during the 62nd CEO’s Breakfast meeting the Centenary Bank Managing Director, Mr. Fabia Kasi said building and maintaining trust and transparency are vital attributes insurers should… Continue reading INSURERS TIPPED ON VALUE OF TRUST, TRANSPARENCY IN UNLOCKING GROWTH
LOCAL MARINE INSURANCE PLATFORM LAUNCHED
Traders are set to enjoy easy and convenient access to insurance for their goods following the launch of the local marine insurance platform. Dubbed the Insurance Regulatory Authority (IRA)-Uganda Revenue Authority (URA) Integrated Local Marine Insurance Platform, the online-based system allows traders to buy insurance for imports and exports from insurance companies licensed to operate… Continue reading LOCAL MARINE INSURANCE PLATFORM LAUNCHED
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
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