NAIROBI, KENYA | Xinhua | East African countries unveiled a strategic plan on Thursday aimed at increasing insurance penetration in the region. Kaddunabbi Ibrahim Lubega, Chairman of the East African Insurance Supervisors’ Association and CEO of the Insurance Regulatory Authority of Uganda, announced the plan in Nairobi, Kenya. Lubega said …
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Kampala, Uganda | THE INDEPENDENT | Uganda Insurers Association (UIA) held a consultative stakeholder workshop on the draft guidelines on the computation of Workers’ Compensation in partnership with the Ministry of Gender, Labour & Social Development. The workshop which featured Labour Officers from the Western Region took place at …
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Kampala, Uganda | THE INDEPENDENT | Bankers want bank agents to be allowed to conduct Bancassurance business on behalf of the financial institutions to enhance access to the services by the public. Diamond Trust Bank, named Most Innovative Bancassurance Agent 2022, says there is a need to further take services closure …
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Kampala, Uganda | THE INDEPENDENT | The insurance industry has attributed the recent high growth rates in business to the innovation trends, that have seen delivery of services to the public become easier. The business value, measured by the value of the Gross Underwritten Premiums (the money that the public gives …
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Kampala, Uganda | THE INDEPENDENT | Jubilee Life Insurance Company Uganda has rewarded its outstanding agents in a bid to appreciate them for keeping the company competitive in the market. Kumar Sumit Gaurav, the Chief Executive Officer of the insurer, led a rewarding event honoring agents who excelled in selling policies …
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Kampala, Uganda | THE INDEPENDENT | Jubilee Life Insurance Company Uganda anticipates a significant expansion in the insurance market in Uganda, relying on its agents to effectively promote and sell its policies. Last Friday (Feb. 9) at the Sheraton Hotel, Kumar Sumit Gaurav, the Chief Executive Officer of the insurer, …
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Kampala, Uganda | THE INDEPENDENT | In the world of healthcare, insurance plays a major role in ensuring that individuals have access to quality medical services when they need them the most. Within this area, the fight against cancer stands as one of the most significant battles, requiring …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Healthcare Federation (UHF) together with the Uganda Insurers Association (UIA) have disclosed plans to mitigate the high gross pay-outs registered annually by the Medical Insurers and Service Providers. The revelation was made during the Medical Service Providers Breakfast Meeting held at Fairway …
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Africa has a combined SACCO membership of more than 43 million, holding about USD 24.5 billion in assets Kampala, Uganda | ISAAC KHISA | In an ever-evolving financial landscape, Savings and Credit Cooperative Societies (SACCOs) are emerging as impactful entities, harnessing influence grounded in community trust and convenience to bring about …
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ICEA LION say commited to client satisfaction despite recent concerns Kampala, Uganda | THE INDEPENDENT | Leading insurance company ICEA LION have reassured clients that their policies are consistent, and they are dedicated to ensuring a smooth and satisfactory resolution of all claims filed. ICEA LION released a statement January …
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