The Insurance Regulatory Authority of Uganda (IRA) launched the inaugural Insurance Week, an event that seeks to take insurance information closer to the people so as to enable people make informed buying decisions and increase the uptake of insurance services.
Speaking at a media briefing at Golf Course Hotel on Thursday, the IRA Chief Executive Officer Alhaj Kaddunabbi Ibrahim Lubega said that the week-long event is dedicated to raising awareness of the importance of insurance and risk management in Uganda.
“This week-long event which starts on March 7 – March 11, 2022 has been dedicated to sensitize the public about the relevance of insurance to cushion them, their loved ones and property in case of unforeseen disasters.
Organised by IRA in partnership with the Uganda Insurers’ Association (UIA), the Insurance Brokers Association of Uganda (IBAU), the Insurance Training College (ITC), the Uganda Bankers’ Association and the Hedge Digital Marketing Agency, the activities will be crowned on Friday march 11, with the 2021 Insurance Product Innovation Awards gala.
The activities that have been scheduled during the week-long event are Radio and Television talk shows and enhanced online engagement. Through those platforms, the public will be educated about various topics such as Workers Compensation, Medical Insurance, Life Insurance, Motor Insurance, Agriculture Insurance, the Insurance claim process and the rights and obligations of insurers and insuring public under insurance contracts.