The National Planning Authority (NPA) executive director Dr Joseph Muvawala has urged insurance companies to become more innovative and develop products that respond to the changing needs of Ugandans. Muvawala said the insurance industry has an important role to play in Uganda’s economic transformation by helping households and businesses prepare for future financial needs. He…
Goldstar Insurance Company has marked 30 years of operations in Uganda, with its leadership calling on the insurance industry to play a bigger role in supporting the country’s economic transformation and the 10-fold growth strategy towards 2040. The anniversary celebrations were held at Kabira Country Club in Kampala, bringing together the company’s clients, staff, business…
Uganda’s insurance industry expects significant growth as increased government spending on infrastructure projects creates new opportunities for insurers, the Insurance Regulatory Authority (IRA) has said. Dr Protaszio Sande, the acting chief executive officer of the IRA, said government-funded infrastructure projects already underway are expected to generate more business for insurers as contractors, investors, and other…
