Insurance companies embrace technology to expand coverage
Speaking at a press conference to announce the upcoming 6th Insurance Brokers Association of Uganda (IBAU) annual conference, Obel stated that the software would be implemented within the next three to four months.
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Ruth Namuli the Chief Executive Officer Sanlam Insurance company (4th right), the chairperson of IBAUM Ritah Mutesi Kabayiza (in red) with members of IRA and IBUA at the Four Point at Sheraton Hotel after the press conference.
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The insurance regulators have introduced a risk-based supervision software to help supervise insurance brokers online, as revealed by Bernard Obel, Director of Supervision at the Insurance Regulatory Authority.
Obel
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