12 Jul 2020

THE NEW MOTOR THIRD PARTY MOBILE PAYMENT PLATFORM

Due to a number of challenges encountered in the supervision and remittance of Motor Third Party insurance premiums, the Insurance Regulatory Authority of Uganda, together with insurance players, thought it wise to have a uniform, reliable and convenient platform which can be used by all consumers of this particular insurance service. A mobile payment platform was then developed. It started working on the 1st of this month [July 2020].