Nearly 200 local government leaders from Mpigi, Butambala, Wakiso and Kampala, have been urged to champion insurance adoption among their communities. The Insurance Regulatory Authority of Uganda, empowered the leaders with insurance knowledge on Agriculture Insurance and microinsurance, advising them to safeguard themselves against unexpected risks while building stronger financial resilience. The leaders from Mpigi… Continue reading LOCAL GOVERNMENT LEADERS TIPPED ON INSURANCE
Insurance for All: Building Resilience, Inclusion and Growth
Tag: IRA Uganda
CRACKING DOWN ON MONEY LAUNDERING RISK ASSESSMENT INITIATIVE UNVEILED
The insurance sector introduced a tailored Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Risk Assessment initiative to strengthen financial integrity. The initiative, spearheaded by the Uganda Insurers Association (UIA) with technical support from Africa Risk Management and Compliance Partners, is expected to provide the industry with a clearer understanding of its exposure to… Continue reading CRACKING DOWN ON MONEY LAUNDERING RISK ASSESSMENT INITIATIVE UNVEILED
CRACKING DOWN ON MONEY LAUNDERING RISK ASSESSMENT INITIATIVE UNVEILED
The insurance sector introduced a tailored Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Risk Assessment initiative to strengthen financial integrity. The initiative, spearheaded by the Uganda Insurers Association (UIA) with technical support from Africa Risk Management and Compliance Partners, is expected to provide the industry with a clearer understanding of its exposure to… Continue reading CRACKING DOWN ON MONEY LAUNDERING RISK ASSESSMENT INITIATIVE UNVEILED
SEIZE GROWTH OPPORTUNITIES: ALIGN INSURANCE WITH UGANDA’S DEVELOPMENT AGENDA
Insurance industry players have been urged to strategically position the industry as a critical driver of economic growth, or risk missing out on expansion opportunities in Agriculture, SMEs, Oil& Gas, among other sectors. The remarks were made by the Chief Guest and Ag. Chief Executive Officer of the Insurance Regulatory Authority of Uganda, Dr. Protazio… Continue reading SEIZE GROWTH OPPORTUNITIES: ALIGN INSURANCE WITH UGANDA’S DEVELOPMENT AGENDA
DR. SANDE NAMED ACTING IRA CHIEF EXECUTIVE OFFICER
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
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