The Uganda Insurers Association (UIA) held its 56th Annual General Meeting (AGM) on 13th June, 2024 at the scenic Paraa Safari Lodge in Murchison Falls National Park. The AGM attracted a confluence of Insurance Industry magnates, key stakeholders, and seasoned experts from the sector. It featured high-level strategic discourse on pivotal topics such as industry transformation, regulatory evolutions, market trends & sustainability endeavors.
Latimer Mukasa, the Outgoing Chairman Executive Committee who officiated the 56th AGM delivered heartfelt remarks on his Chairmanship tenure which has been in effect since 2018. He commended the Executive Committee’s collaborative spirit and steadfast commitment to realizing UIA’s vision. He highlighted the significant milestones achieved under his leadership and voiced his confidence in the incoming committee’s capability to steer through the industry’s challenges. He conveyed his appreciation to the UIA members for their trust, the Secretariat for its unwavering support and the Executive Committee for its sage counsel.
UIA CEO - Jonan Kisakye expounded on the retirement and election processes of the Executive Committee members for the 2024 - 2025 term as per the UIA Constitution while Hon Secretary of the Executive Committee - Peter Makhanu presented the 2024 Annual Report to the members. The report delved into UIA’s financial performance in 2023, detailing budget allocations, key activities & strategic value delivery in line with its mission.
The AGM saw participants engage in thought-provoking sessions laden with dynamic discussions, invaluable networking opportunities & laying the groundwork for partnerships that are vital for propelling the Insurance Industry’s growth & fortifying its resilience. The members collectively pledged to uphold a standard of excellence and champion innovation within Uganda’s rapidly evolving insurance sector.
Thereafter, the members enjoyed a Game Drive through Murchison Falls National Park where they were treated to the diverse wild life in the National Park.