IRA InsureX Program: Facilitating growth of Uganda’s Insurance Sector
The insurance sector in Uganda has experienced tremendous growth over the last five years. A recently released report by Financial Sector Depending Uganda, FINSCOPE Uganda 2023, shows an increase in formal insurance uptake since 2018, rising from 1% to 2% While this process shows a positive trajectory, Uganda still lags in insurance penetration compared to […]
Annual Insurance Week: Leveraging innovation to enhance insurance penetration in Uganda
Last week, the Insurance Regulatory Authority of Uganda, along with its partners, announced the third annual insurance week, scheduled to take place from March 11th to 15th, 2024 at Railway Grounds, Kampala under the theme “InsureVate – Igniting Excellence in the Insurance Industry.” This year’s edition will center on harnessing the power of technological innovation […]
InsurTech: Unimaginable Possibilities In A Changing World
There are numerous ways that technology and innovation can be applied to the Insurance sector. With such opportunities, ecosystem players should become agile enough to adapt and take a risk to build workable solutions.