Author: Nelson Mandela Muhoozi
Mobile-based insurance product launched to protect uninsured Ugandans
Uganda’s MTN Mobile Money (MoMo) has partnered with Sanlam Life Insurance Uganda to launch a new mobile-based insurance product.
“This is about giv [...]
Uganda’s insurers pay record $231m in claims amid premiums surge
Uganda’s insurance industry paid out a record UGX887.4 billion (about US$231.42 million) in claims in 2024, marking 8.2% growth from the previous year [...]
Inclusive insurance key for Uganda’s economic growth, stresses regulator
Insurance penetration in Uganda remains below 1% despite the rising insurable risks in the country. The East African country has been stepping up effo [...]
East African insurance regulators chart path to boost regional insurance uptake
East African insurance regulators have endorsed new strategies aimed at harmonising regional oversight, improving industry resilience and unlocking un [...]
Call for Ugandan insurers to boost local expertise in oil and gas sector
Experts have underscored the need to strengthen the financial capacity of members of the Insurance Consortium for Oil and Gas Uganda (ICOGU) to fully [...]
Expansion of Uganda’s agricultural insurance subsidy kitty could boost farmers’ resilience
Despite Uganda’s agricultural sector being the backbone of the economy, contributing about 24.1% to gross domestic product (GDP) and about a third of [...]
Technological innovation fuelling growth in Uganda’s insurance sector
The insurance industry in Uganda is undergoing a transformation, driven by technological innovation as the East African country pushes to reduce the p [...]
Uganda’s insurance sector to showcase innovation and trust at 2025 Insurance Week
Uganda’s insurance sector is gearing up for a transformative four-day event designed to enhance public trust, drive innovation and promote inclusivity [...]
Clash over Uganda’s credit life insurance pricing exposes gap in consumer education
Members of Parliament (MPs) in Uganda have accused commercial banks of imposing unfair additional credit life insurance on borrowers, triggering a mix [...]
Uganda’s insurance sector booms amid rising consumer confidence and digital growth
With only 5.2% of Ugandans currently having any form of insurance coverage, Uganda's insurance sector has plenty of opportunity for expansion, and sig [...]