Clarkson Insurance Brokers Archives

L–R: Alex Makata, CEO of Clarkson Insurance Brokers Ltd; Edward Nambafu, CEO of Minet Uganda Insurance Brokers Ltd; and Francis Gimara SC, Chairperson of the PPDA Appeals Tribunal. The trio sit at the centre of a high-stakes insurance brokerage dispute that speaks to broader questions around market leadership, intensifying competition, and shifting dynamics within Uganda’s evolving brokerage and fast-growing bancassurance landscape.

Procurement Tribunal Dismisses Minet Appeal in High-Stakes UETCL Insurance Brokerage Battle

Uganda’s Public Procurement and Disposal of Public Assets (PPDA) Appeals Tribunal has dismissed as “incompetent” Minet Uganda Insurance Brokers Limited’s application challenging the award of an insurance brokerage contract by Uganda Electricity

February 25, 2026

Banking & Financial Services·The Big Story

The Insurance Regulatory Authority boss, Alhaj Kaddunabi Ibrahim Lubega.

Brokers Tighten Hold on Uganda’s Insurance Market as Commissions Rise 6% in Q2 2025

Uganda’s brokerage sector for both insurance and reinsurance recorded another quarter of steady growth in Q2 2025, with leading firms increasing commissions and maintaining — in some cases, expanding — market share.

August 27, 2025

The Big Story

Collage created using TurboCollage software from www.TurboCollage.com

CEO EAST AFRICA MAGAZINE RANKING: Uganda’s 100 Most Trusted and Respected Companies 2024

Corporate reputation is an aggregate of public perceptions about an organisation’s social, political, ethical and business behaviour and how people engage with that organisation based on these perceptions. Ultimately, this reputation is

August 20, 2024

Lists & Rankings·News & Analysis·The Big Story

Arnold Baguma, Business Development Manager; Alex Makata,Chief Executive Officer; Charles Muhoozi, Executive Director and Angela Babirye, General Manager. Standing, (left-right), is Asiet Alex, Chief Finance Officer; Loi Luwedde, Senior Technical Officer- General Business; Joel Kimera, Group Chief Internal Auditor; Mbodhe Muhammad, Compliance & Risk Officer and Talib Kasujja, Claims Supervisor

How Clarkson Insurance Brokers overtook industry big boys to become Uganda’s No. 1 broker

The Insurance Regulatory Authority (IRA) has just released its Q3 2023 performance report for among others, insurance brokers, showing that Clarkson Insurance Brokers (U) Ltd is yet again ahead of traditional rivals.

January 22, 2024

News & Analysis·The Big Story

THE CLARKSON WINNING TEAM― (LEFT-RIGHT) Charles Muhoozi, Chief Executive Officer; Alex Mataka, General Manager; Angela Babirye, Operations Manager and Arnold Baguma, Business Development Manager. Under the leadership of Mr. Muhoozi, Clarkson’s revenues, which is reflective of insurance business placed, has grown 63 times (6233%) from UGX111.2 million in 2011 to UGX7 billion in 2019, curving out a 16.2% market share in a market of 40 players.

How Clarkson Insurance Brokers rose from the bottom to the industry’s No.1 player in 16 years

This October, the Insurance Regulatory Authority (IRA) released its much-awaited 2019 Annual Performance Report for the insurance sector. The report, details the performance, of the country’s 21 non-life insurance companies; 9 life

December 28, 2020

Company News·The Big Story