Digital insurance Uganda

As Uganda’s insurance industry heads into 2026, it finds itself at a crossroads. Premiums are rising, claims are being paid at record levels, new players are entering the market, and digital products are reshaping distribution. Yet insurance penetration remains below one per cent, exposing structural weaknesses in an industry facing bigger risks and tougher regulatory demands. In this sit-down interview with CEO East Africa’s Paul Murungi, the Chief Executive Officer of the Insurance Regulatory Authority (IRA), Alhaj Dr. Kaddunabbi Ibrahim Lubega, explains why consolidation is no longer optional, what is driving growth in microinsurance and agricultural cover, how the industry…