Uganda Insurers Association hosts the 9th Life Agent of the Year Awards

 

26th April, 2019 Kampala.  Inaugurated in 2011, the Life Agent of the Year Awards acknowledge the contributions that life agents make towards growing the insurance industry in Uganda. The event also motivates insurance sales agents to sell more policies, provide accurate information by safeguarding against mis-selling and improve on after sales services to retain customers. This ultimately ensures client retention and generation of savings.

The event celebrated Life Agents contribution in five categories; the number of policies sold, best new agent, persistency, highest premium written and the overall Agent of the Year. The nominees were from 8 Life Companies that included CIC Africa Life, ICEA Life, Jubilee Life, Liberty Life, Nic Life and Prudential, Sanlam Life and UAP Old Mutual Life

“The Industry has adopted a sustainable approach to building Life business by focusing on selling life products that are specific to client needs.  By doing this, we will ensure  that clients understand the products that they buy which will result in a reduction in cancellations leading to better performance of the life fund as more policies are maintained,” said Mr. Emmanuel Mwaka, Chairman Life and Pensions Committee UIA, speaking at the event.” In addition, when agents sell right, surrender of policies are reduced and with a high persistency of their business, the agents will earn better commissions and overall the life insurance industry will be very vibrant.”

Life Insurance has consistently grown averaging an annual growth of 30%.  The Summary below shows the winners of the Agent of the Year Award 2019.

Category one – Number of polices written for new life business

Company Nominee Award
Sanlam Elizabeth Alowo Winner
UAP Old Mutual Acan Susan Sarah 1st Runner Up
Jubilee Kisakye Ritah 2nd  Runner Up
ICEA Nakiiza Coney 3rd Runner Up
Prudential Kebirungi Maureen 4th  Runner Up

 

Category Two– Best New Agent

Company Nominee Award
Sanlam Saban Balyegisawa Winner
Prudential Kebirungi Maureen 1st Runner Up
ICEA Nakayiza Janiffer Muwanguzi 2nd  Runner Up
Jubilee Asiimwe Talent 3rd Runner Up
UAP Old Mutual Nakiwala   Bahana Grace 4th  Runner Up

 

 

Category Three –Persistency Award

Company Nomiee Award
Sanlam Ronald Nsubuga Winner
UAP Old Mutual Katsigwa Edgar 1st Runner Up
ICEA Muyomba Joshua 2nd  Runner Up
Prudential Atim Isabella 3rd Runner Up
Jubilee Bengo Angella 4th  Runner Up

 

Category Four – New business Highest Premium written 2018

Company Nomiee Award
UAP Old Mutual Katsigwa Edgar Winner
Jubilee Kisakye Ritah 1st Runner Up
Prudential Abidha Din 2nd  Runner Up
ICEA Ssebulime Mugabi Remigious 3rd Runner Up
Sanlam Elizabeth Alowo 4th  Runner Up

 

Category Five – Agent of the Year Award 2018

Company Nominee Category
Jubilee Kisakye Ritah Winner
UAP Old Mutual Acan Susan Sarah 1st Runner Up
Sanlam Elizabeh Alowo 2nd  Runner Up
Prudential Abidha Din 3rd Runner Up
ICEA Nakiize Coney 4th  Runner Up

 

End

About Uganda Insurers Association (UIA)

UIA was founded in 1965 by insurance companies to promote the development and expansion of sound insurance and reinsurance activities in Uganda. We work to advance the interests of insurance and reinsurance companies by adopting a common strategy that encourages and promotes close cooperation, the exchange of business among members, builds on knowledge through research, influences the enactment of favourable legislation and represents the views of the membership to Government, quasi-government and private bodies. For more, visit our website at www.uia.co.ug or facebook at www.facebook.com/ugandainsurersassociation

 

For information:

Uganda Insurers Association,

Insurers House, Plot 24A Acacia Avenue, Kololo

P. O Box 8912, Kampala, Uganda .T +256 414 500945/6

E: Joshua.akena@uia.co.ug or info@uia.co.ug