Our Country
Uganda is a land-locked country located in East Africa. It is governed under a multiparty democratic system of government. The legal system is based on common law derived from its British colonial heritage. The population is around 32 million people, of which 50% are below the age of 16 years. Population growth rate is around 3%. The country recently discovered commercially viable quantities of oil and plans are underway to develop the sector. Over the last 20 years, the economy has grown at an average rate of 6%. The national currency is the Ugandan shilling and the capital city is Kampala. English and Swahili are the official languages.

Our Client Mix
Our clients mainly comprise Large Corporate companies that have both local and multinational entities. We also broker a sizeable number of Small to Medium-size companies, as well as some Personal Lines business.

Our Main Strengths
Our overall service strengths include

• Risk Management
• Short-term & Long-term Insurance Broking
• Claims Management

Our Local Markets
There are 22 Life and Non-life companies. In 2010, the industry grew by 18.7%. As for Insurance Brokers, there are 25 companies and many Agents for Insurers. The Non-life business makes up around 90% of premium volume. We are the largest Broker both in terms of marketshare and income.

Our Regulator
The industry is regulated by the Insurance Regulatory Authority of Uganda under the Insurance Amendment Act. Recently, Parliament passed the Retirement Benefits Authority Act which provides for the regulation of Retirement Benefit Schemes in Uganda.