The newly-appointed Executive Committee of the Uganda Insurers Association (UIA), led by Chairperson Ms. Ruth Namuli, met with the leadership of the Insurance Regulatory Authority (IRA) for an official introduction at the Insurance Tower on Lumumba Avenue. The IRA team was headed by CEO Alhaj Kaddunabbi Ibrahim Lubega.
During the meeting, Ms. Namuli emphasized the importance of collaboration among industry players, urging a collective commitment to advancing digitization and embracing technological innovation. She called on UIA members to work together to drive industry growth, support ongoing initiatives, and adopt modern digital solutions that will shape the future of the insurance sector.
The discussion also covered the strategic plan that UIA is currently implementing, addressing key issues such as combating fraud in the insurance industry and strategies to increase the uptake of Motor Third Party insurance.
This meeting marked a pivotal step towards fostering stronger partnerships within the insurance industry, aiming to drive both innovation and regulatory compliance.