The Insurance Regulatory Authority (IRA) has unveiled the first edition of awards to recognize the best innovators and service providers in the insurance business.
In the first edition, up to 13 companies have been nominated for the awards.
Brian Tosh Bwana, a consultant with IRA says the awards were introduced to appreciate and motivate the best service providers to encourage innovation.
“We are going to award those companies who have worked hard to win people’s trust in this sector through real time settlement of claims and timely delivery of services,” he said.
Industry players sat the outbreak of Covid 19 has forced many companies to understood the importance of insurance which has led to increased subscriptions as well as the introduction of new policies to fit in the current situation
The awards event will be held at Serena Hotel Kampala on 18th December 2020.