NIC

Elias Edu took charge of NIC Holdings amid fragile market share, capital constraints, and profit volatility, tasked with restoring growth, strengthening the balance sheet, and turning legacy into a lasting competitive advantage.
Elias Edu took charge of NIC Holdings amid fragile market share, capital constraints, and profit volatility, tasked with restoring growth, strengthening the balance sheet, and turning legacy into a lasting competitive advantage.

Will Elias Edu Confront NIC Holdings’ Falling Market Share?

For much of Uganda’s post-independence history, NIC Holdings occupied a privileged position in the country’s insurance landscape. Established in 1964 as National Insurance Corporation, NIC was once the dominant underwriter by virtue
February 11, 2026

 

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