Sunday , February 9 2025

Tag Archives: Insurance

DTB wants Bank Agents to sell insurance

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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Innovation to boost insurance penetration

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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Jubilee Life Insurance rewards agents

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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Jubilee Life – Uganda pursues new clients through agents 

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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Dealing with cancer disease in underserved communities

    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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Medical insurers and service providers meet to align operations

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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Harnessing SACCOs for insurance expansion

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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IRA unveils 2023 insurance innovation awards

Kampala, Uganda | JULIUS BUSINGE | The Insurance Regulatory Authority of Uganda has unveiled the 2023 insurance innovation awards for all players licensed by the Authority, including insurers, Health Membership Organisations, Brokers, Bancassurance Agents, Individual Agents and loss assessors. The Uganda Chief Executive Officer, Alhaj Kaddunabbi Ibrahim Lubega said on Nov.23 …

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