L-R: Gary Corbit, CEO SanlamAllianz Life Uganda, Ruth Namuli, CEO SanlamAllianz GI Uganda, Gaffer Hassam, Executive Strategy, Brand & Corporate Affairs, SanlamAllianz, Amine El Kernighi, Regional Executive-Eastern & Southern Africa, and Julius Magaga, CEO SanlamAllianz Life Insurance Company, TZ at the media launch of the SanlamAllianz brand in Uganda. Sanlam
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Ramathan Ggoobi speaking at the Old Mutual rebranding event The Permanent Secretary, Ministry of Finance, Planning and Economic Development, Ramathan Ggoobi, has commended Old Mutual for supporting financial wellness in Uganda. On Wednesday, UAP Old Mutual officially rebranded to Old Mutual, marking an exciting new chapter for the business in
Read MoreLiberty General Insurance Partners With Stanbic & SafeCar To Unveil Affordable Car Body Coverage Solution
Protecta Bode stakeholders pose for a group photo at the Protecta Bode Launch. Liberty General Insurance Uganda Limited, in collaboration with Stanbic Bank Uganda's Bancassurance Agency and SafeCar by SafeBoda, today launched "Protecta Bode," an innovative car insurance product designed to bridge the gap between the statutory third party insurance
Read MoreBancassurance Gains Ground In Uganda As Sector Matures And Diversifies
A customer signs a contract Uganda’s bancassurance sector is undergoing a clear transformation, marked by accelerating adoption, stronger product-market fit, and growing recognition of insurance as a key component of both personal and institutional financial planning. Recent performance data underscores this shift, with several institutions reporting strong year-on-year growth across
Read MoreNew Innovative UGX36bn Health Insurance Solution For Individuals, Families, SMEs & Corporates Launched In Uganda
From Right to left: Ashok Shah, Group CEO of Apollo Investments Limited, Tobe Hope, Hollard Health’s CEO, Payaal Shah, Head of Partnership, Apollo Investment, Manan Desai, CEO, APA Uganda, and Ben Gobboyi, Head of Medical, APA Insurance Uganda. APA Insurance Uganda, in partnership with Hollard Health, has launched an innovative
Read MoreKaddunabbi Ibrahim Lubega, the IRA Chief Executive Officer More than 40 percent of what insurance companies pay out in claims are actually fraudulent claims, but many genuine claimants leave frustrated, according to the Insurance Appeals Tribunal (IAT). The claims payouts have continuously grown over the year as the industry leaders
Read MoreIRA CEO, Kaddunabbi Ibrahim Lubega supports exits and mergers of insurance companies to build a strong industry The financial sector, particularly the insurance industry, has experienced several developments in the form of exits, mergers, and acquisitions for various reasons. Over the last five years, at least five players in the
Read MoreArthur Kintu, Head of Bancassurance at dfcu Bank Bancassurance — the collaboration between banks and insurance companies to offer insurance products — has steadily gained ground in Uganda since its introduction in 2017. According to the Insurance Regulatory Authority, Bancassurance premiums grew by 25.4% in 2024, rising from UGX 179
Read MoreJournalists giving views on how to popularise insurance to more Ugandans The insurance industry wants insurance to be used as a tool to fight poverty amongst Ugandans, and not a luxury. Despite various efforts by the industry leaders, the attitude amongst the wider public remains that insurance is for the
Read MoreSecuring Health After Retirement: Why a Post-Retirement Medical Cover is a Necessity, Not a Luxury
By Darius Niwaha Kishaho, CEO, Octagon Uganda Ltd For most of our working lives, we diligently pursue income, security, and a better future. We save for retirement, invest in our children’s education, and work hard to build a life of stability. But one often overlooked reality looms quietly in the
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