Kampala, Uganda | THE INDEPENDENT | Britam Insurance Company (Uganda) Limited and Britam Asset Managers Company (Uganda) Limited executives have said, the company does not have any plans to exit the Ugandan market. This follows recent media reports about a possibility of the company exiting Uganda. “Britam Uganda is now looking …
Read More »COVID-19 rekindles travel insurance business, call center inquiries
Kampala, Uganda | ISAAC KHISA | Long before the outbreak of coronavirus, one thing that most local travelers never spent time on was to buy a travel insurance cover. Planning and making arrangements for visas, flights and accommodations, researching tourist’s attractions and perhaps buying new clothes was all they needed. Little …
Read More »Collective Investment Scheme assets more than double to Shs 388.5bn
Investors likely to preserve their savings and capital with CIS and fixed income instruments due to the current coronavirus pandemic Kampala, Uganda | ISAAC KHISA | Uganda’s Collective Investment Schemes (CIS) have recorded more than double their assets under management (AUM) to Shs 388.5bn for the FY2019/20 as a …
Read More »Fighting insurance fraud
Ibrahim Kaddunabbi and Allan Mafabi IRA boss tips sector executives on managing scams that could haunt performance Kampala, Uganda | JULIUS BUSINGE | Insurance companies must put in place feasible policies to manage fraud that could easily jeopardize their good performance. This is the summary of what Ibrahim Kaddunabbi …
Read More »Collective investment scheme assets hit Shs173bn
The industry still grapples with limited awareness, inadequate skilled labour Kampala, Uganda | ISAAC KHISA | Assets held in Collective Investment Schemes (CIS) that includes savings and credit cooperative societies, local individuals, investment clubs, institutional investors and local companies in Uganda, has increased sharply over the last six years …
Read More »Britam clinches deal with Uganda Airlines
UK-based insurer in Uganda, Britam, has once again won a business deal with the government to provide insurance cover, this time for Uganda Airlines. Kampala, Uganda | ISAAC KHISA | Willis Towers Watson is the airlines’ insurance broker. Britam CEO, Allan Mafabi confirmed to The Independent on Aug.02 that they …
Read More »How Uganda’s insurance firms performed in 2018
Only nine insurance companies recorded approximately Shs40bn as profit Kampala, Uganda | ISAAC KHISA | Only nine out of 21 Non-life insurance companies operating in Uganda made profits for the year ended Dec.2018, data from the Insurance Regulatory Authority of Uganda shows. Jubilee, UAP, Sanlam, Britam, Goldstar, Alliance Africa, Statewide, …
Read More »THIS WEEK: Britam unveils Windows Glass insurance
THIS WEEK: Britam unveils Windows Glass insurance Kampala, Uganda | THE INDEPENDENT | Britam Insurance Company (Uganda) Limited has unveiled a new product dubbed “Windows Glass Cover” (WGC) which is an extension of its already existing motor third party insurance cover. Speaking during the unveiling of the cover on Oct.22, Edward …
Read More »Britam’s asset management firm enters Ugandan market
Kampala, Uganda |ISAAC KHISA | Britam Holdings Plc has unveiled an asset management company in Uganda as it seeks to extend its asset management offering in the region. The new company, Britam Asset Managers (Uganda) is modelled along a similar successful company in Kenya. It will offer investment management and advisory services to pension …
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