Uganda Insurers Association

What Uganda Insurers Association does

Uganda Insurers Association (UIA), founded in 1968 and headquartered at Plot 24 Acacia Avenue, Kampala, is the national non-profit trade association representing licensed insurance companies in Uganda. Its members span five categories—Re-Insurance, Life, Non-Life, Micro Insurance, and Affiliate Companies—covering essentially the entire licensed insurance market, alongside brokers and agents coordinated through partnerships with the Uganda Insurance Agents Association (UIAA), Insurance Brokers Association of Uganda (IBAU), and Insurance Training College (ITC). UIA runs industry advocacy with regulator IRA and government ministries, organizes flagship events such as Insurance Week, the Annual Insurance Agents Convention, Insurance Innovation Awards, and CEO Forums, and houses specialized consortiums—ICOGU for oil & gas (supporting Tilenga, Kingfisher, EACOP) and the Agro Consortium (AIC) for agricultural risks. The association has also extended into digital compliance infrastructure through the Motor Third Party Insurance Portal and the Marine Cargo & Goods in Transit Insurance Portal, including a transition to digital verification stickers. UIA funds itself via membership subscriptions, event sponsorships, and participation fees, and is led by CEO Jonan Kisakye and Executive Committee Chairperson Ruth Namuli (CEO of Sanlam General Insurance). It operates the secretariat with 1–10 staff and is a founding member of the 13-country Africa Network of Insurers Associations (ANIA), where the UIA CEO currently chairs the network.

Name

Uganda Insurers Association

Legal name

Uganda Insurers Association

Website

https://uia.co.ug

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

1–10 employees

Short description

Uganda Insurers Association (UIA) is the Kampala-based national trade association founded in 1968 representing Uganda's licensed re-insurers, life, non-life, and micro-insurance companies. It provides industry advocacy to regulators, runs annual conventions and awards, and operates consortiums and digital portals for oil & gas, agricultural, and motor third-party insurance.

Ownership category

akta.pro rank

Product category

Insurance Industry Association Services

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

akta.pro secondary industry

Embedded Insurance & Affinity Distribution Platforms (FSAGAGAL)

Keywords

• Insurance industry association
• Insurance market development
• Insurance advocacy services
• Insurance capacity building
• Digital insurance platforms

Headquarters

HQ city

Kampala

HQ country

Uganda

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Fees: UIA generates revenue through membership fees from insurance companies including Re-Insurance, Life Companies, Non-Life Companies, Micro Insurance, and Affiliate Companies.
2. Industry Events and Conferences: The association organizes industry events including the Annual Insurance Week, Insurance Agents Convention, Awards ceremonies, and CEO Forums that generate revenue through sponsorships and participation fees.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels15 records

Core offering

Uganda Insurers Association (UIA) is a non-profit trade association that represents licensed insurance companies operating in Uganda (reinsurance, life, non-life, microinsurance, and affiliate members). It provides industry advocacy to government and regulators, organizes capacity-building events and awards, operates digital insurance portals (Motor Third Party and Marine Cargo), and runs specialized insurance consortiums (ICOGU for oil and gas, Agro Consortium for agriculture) that pool underwriting capacity for complex sector risks.

Product overview

Uganda Insurers Association (UIA) operates as an industry association representing insurance companies in Uganda rather than offering a single unified product. The organization provides a portfolio of member services including the Motor Third Party Insurance Portal and Marine Cargo & Goods in Transit Insurance Portal for digital insurance management. Through specialized consortiums—Insurance Consortium for Oil and Gas Uganda (ICOGU) and Agro Consortium (AIC)—UIA facilitates sector-specific coverage for oil and gas projects (Tilenga, Kingfisher, EACOP) and agricultural risks. The association promotes insurance literacy through the five-year Insurance Literacy and Market Development Agenda (ILMDA), maintains an Insurance Catalog of member products, and organizes annual events including Insurance Week, Insurance Innovation Awards, and Insurance Agents Awards. UIA's offerings span motor third-party insurance, marine cargo insurance, life insurance, medical/health insurance, commercial crime and cyber insurance, and agricultural insurance through its member companies.

Differentiator

Problem solved

Functional benefit

Products and services

• Motor Third Party Insurance Portal Online portal for Motor Third Party Insurance management, claims processing, loss adjusting, and digital sticker verification for vehicle insurance compliance, used by insurers, brokers, agents, and policyholders.
• Marine Cargo & Goods in Transit Insurance Portal Digital portal supporting mandatory local Marine Cargo Insurance for traders importing goods, providing streamlined insurance access and claims management for goods-in-transit and marine cargo risks.
• Insurance Catalog Reference catalog of available insurance products across member insurance companies, enabling comparison and selection of appropriate coverage for individuals and businesses.
• Insurance Consortium for Oil and Gas Uganda (ICOGU) Specialized consortium pooling capacity from non-life member insurers to underwrite complex oil and gas sector risks, including Tilenga, Kingfisher, and EACOP projects; arranged under UIA governance to retain premiums locally.
• Agro Consortium (AIC) Consortium of member insurers providing agricultural insurance solutions for farmers, covering crop and livestock risks including climate-related exposures such as drought.

Quantifiable outcome

• Insurance sector growth from UGX 200 Billion to UGX 1.8 Trillion over 10 years
• +3 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

17 partnerships are on record, tiered major and core.

• Industry Enhancement Centre (IEC)majorStrategic or Co-development Partner · 30 October 2025UIA signed MoU with IEC to strengthen engagement with oil and gas industry stakeholders and promote insurance as a central pillar of business resilience and competitiveness.
• Insurance Brokers Association of Uganda (IBAU)coreStrategic or Co-development Partner · 30 October 2025Tripartite MoU signed with IEC and IBAU to promote SME access to insurance markets and diversification beyond oil and gas sector. IBAU represents brokers who serve as trusted risk advisers in Uganda's energy and emerging markets.
• Insurance Regulatory Authority of Uganda (IRA)coreStrategic or Co-development Partner · 24 September 2025UIA partnered with IRA and Africa Reinsurance Foundation to launch the Insurance Literacy and Market Development Agenda (ILMDA), a comprehensive five-year plan to simplify insurance knowledge for public understanding. IRA CEO Al Hajji Ibrahim Lubega Kaddunabbi co-launched this initiative to bridge insurance literacy gaps and build public trust.
• Africa Network of Insurers Associations (ANIA)majorStrategic or Co-development Partner · 27 February 2023UIA is a founding member of ANIA, a continental network of 13 African insurance associations including Kenya, Tanzania, Mauritius, Ghana, Zambia, Rwanda, Nigeria, Malawi, Ethiopia, Zimbabwe, South Africa, and DRC. UIA CEO Jonan Kisakye serves as ANIA Chairman.
• Insurance Consortium for Oil and Gas Uganda (ICOGU)coreStrategic or Co-development PartnerUIA houses ICOGU, a consortium of insurance companies providing specialized coverage for oil and gas sector risks. ICOGU enhances local underwriting capacity and reduces insurance premium outflows to foreign markets, with total contributions of $22 million (UGX 82 billion) to date.
• Africa Reinsurance FoundationmajorStrategic or Co-development PartnerPartnered with UIA and IRA to launch the five-year Insurance Literacy and Market Development Agenda (ILMDA) aimed at demystifying insurance for the Ugandan public.
• Uganda Insurance Agents Association (UIAA)coreStrategic or Co-development PartnerUIA partners with UIAA to organize the Annual Insurance Agents Convention and Awards, recognizing excellence and strengthening the agency distribution channel. UIAA represents insurance agents who drive 60% of life insurance sales.
• Insurance Training College (ITC)coreStrategic or Co-development PartnerUIA partners with ITC for events including Insurance Walk, CEO Post-Budget Breakfast Forum, and Annual Insurance Week. ITC provides training and certification for insurance professionals with over 6,000 graduates since 2015.
• Uganda Red Cross Society (URCS)majorStrategic or Co-development PartnerUIA partnered with URCS to promote road safety and donated UGX 100 million towards ambulances. This CSR partnership supports emergency response for road accident victims, aligning with UIA's motor third-party insurance mandate.
• Ministry of Finance, Planning and Economic Development (MoFPED)coreGTM or Marketing PartnerDirector of Economic Affairs Moses Kaggwa participated in ILMDA launch, highlighting insurance's crucial role in Uganda's transition from lower-middle to upper-middle income status across agro-industrialization, tourism, and mineral development sectors.
• Ministry of Works and TransportcoreStrategic or Co-development PartnerUIA participated as sponsor in Uganda Road Safety Conference 2025 organized by Ministry of Works and Transport. The partnership supports reducing road accidents which claim over 5,000 lives annually and promotes motor third-party insurance awareness.
• Financial Technologies Service Providers Association (FITSPA)majorStrategic or Co-development PartnerUIA signed MoU with FITSPA to enable insurance distribution through fintech platforms and digital channels. A Technical Working Committee facilitates insurance product integration into FITSPA member services.
• Uganda Manufacturers Association (UMA)majorStrategic or Co-development PartnerMoU signed for mutual benefit of respective memberships. UIA participates in UMA International Trade Fair to demonstrate insurance products and engage with traders on risk management solutions including Local Marine Cargo Insurance.
• Petroleum Authority of Uganda (PAU)coreStrategic or Co-development PartnerPAU participates in ICOGU activities and Energy Symposium, providing regulatory oversight for oil and gas insurance and supporting local content requirements for the sector.
• Absa Bank UgandamajorChannel Partner/ Reseller/ DistributorAbsa Bank Uganda contributes through bancassurance and sponsorship of the 4th Annual Insurance Agents Convention. The bank represents the banking sector's role in insurance distribution.
• Insurers Association of Mauritius (IAM)majorStrategic or Co-development PartnerUIA collaborates with IAM through CEO Forums and AGMs held in Mauritius, enabling knowledge sharing and benchmarking between Uganda and Mauritius insurance markets.
• OESAI (Organization of African Insurance Supervisory Authorities)majorStrategic or Co-development PartnerUIA hosted the Welcome Cultural Dinner for the 47th OESAI Annual Conference & AGM, bringing together African insurance industry leaders under the theme of unity in diversity and customer experience.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Nigerian Insurers Association: Nigeria's national insurance trade body. Comparable to UIA as a member-driven industry association representing insurers, advocating with regulators, and running industry events and capacity-building programs in a large African market.
• Ghana Insurers Association: National insurance trade body in Ghana and ANIA member. Similar function to UIA as industry voice, event organizer, and partner with local regulators on market development.
• Insurance Association of Zambia: Zambian insurance trade association, fellow ANIA member alongside UIA. Directly comparable in mandate, regional scope, and engagement with regulators on industry development.
• Tanzania Insurance Companies Association: Trade association for insurers in Tanzania, also an ANIA member. Comparable to UIA in representing national insurance industry interests, conducting advocacy, and supporting industry events.
• Association of Kenya Insurers: National trade association representing insurance companies in Kenya. Closest functional peer to UIA given similar mandate (industry advocacy, member representation, regulator liaison) and membership-based model across East African insurance markets.
• Insurers Association of Mauritius: Mauritius insurance trade association, ANIA member and explicit UIA partner for CEO Forums and AGMs. Direct peer given shared advocacy, benchmarking, and bilateral engagement activities with UIA.

Broad incumbents

• African Insurance Organisation: Continental industry body for African insurance markets. Broader in scope than UIA but conceptually comparable as an industry-association platform serving member national associations across the continent.
• Insurance Europe: European insurance trade federation representing national member associations. Analogous in structure to UIA but operating at continental scale; useful for benchmarking how mature associations deliver advocacy and data services.
• South African Insurance Association: Established South African insurance trade association, ANIA member. Broader incumbent peer with a much larger industry base but similar advocacy and standards-setting mandate.

Others

• Insurance Regulatory Authority of Uganda: UIA's closest regulator partner in Uganda. Not a peer in the trade-association sense but a deeply intertwined stakeholder; relevant for benchmarking how industry bodies engage with their national insurance regulators.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCoGD1mu2OyfzHiqMebO1fAw
• Xx.com/The_UIA

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Uganda Insurers Association