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04 Jan 2021

HIGH TAXES FAILING INSURANCE UPTAKE - IRA BOARD CHAIRMAN

Insurance Regulatory Authority of Uganda

Dr Isaac Nkote, the IRA Uganda Board Chairman called on the ministry of finance to consider involving insurance players in coming up with tax policies that promote growth but do not suffocate the uptake of insurance services since high taxes make the service expensive to consume. #DrivingInsuranceGrowth #Insurance #BeInsured #InnovationAwards2020

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Why we exist!

The establishment of the Insurance Regulatory Authority of Uganda was a consequence of Government’s adoption of the liberalization and privatization policies which ended its role of directly engaging in the provision of goods and services and taking on the role of supervisor or regulator.

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