The Uganda Association of Insurance Brokers (UAIB) is a body of insurance broking persons, firms, companies, corporations or cooperative societies carrying on business in Uganda. UAIB aims to protect and promote the interests of the insurance brokers.
UAIB is duly registered by the Uganda Insurance Commission and form an integral part of the insurance industry in Uganda. Our members are required to adhere to a well-defined Code of Conduct.
As Insurance Brokers, we are independent professional advisors who act on behalf of clients by providing professional and objective advice on identifying risks and exposures and recommend cost effective solutions.
In personal and business matters, the correct insurance is vital. Wrong or inadequate protection can lead to disastrous consequences for individuals, families or business. The right advice makes all the difference and prevents costly mistakes.
The Insurance Broker is charged with taking instructions from the client in matters related to insurance and to assist in the negotiation and settlement of claim. UAIB strives to provide a forum to enhance the capacity of its members to fulfill their responsibilities by promoting exchange of ideas and views among members on insurance practices and also provide training and development of manpower employed in the Uganda Insurance Industry.
Association has constituted ‘the Best Performing Insurance Company of the Year Award’ which is conferred upon the best performing insurance company in Uganda, as selected by the members of the Association every year.
|
The affairs of the Association are managed by an Executive Committee, comprising of not less than five members (and not more than seven members). The Executive Committee comprises of, the Chairman, who presides over the meetings of the Association and of the Executive Committee. The Vice Chairman presides over the Association in absence of the Chairman. Secretary General coordinates the activities of the Association the exchange of information among members. The Executive Committee is elected by the members.
|