East African region

By Patrick Kagenda  Shortly after the Britam Board of Directors holding their general meeting in Kampala and appointing a new CEO for their Uganda field in a bid aimed at strengthening Britam`s position in Uganda, Britam insurance`s new CEO Alan Mafabi is talking tough on how he is set to revolutionise the Ugandan insurance industry. Despite insurance penetration in Uganda being quite low at around 0.8% of the GDP according to industry sources, Mafabi is basing his growth plans on the growing middle class as well as developments in the oil and gas sector that present the insurance industry with…