Uganda Flag

Uganda

OLEA Uganda

Managing Director

...
Paul Muhame

Managing Director

Paul is a respected insurance industry executive with over 20 years’ experience. He worked in senior management in Ballpack, AIG and UAP (Old Mutual) amongst others. Paul has a BA degree in Insurance from the University of New Delhi, India and a Masters in International Business Administration, from the ESLSCA Business School in Paris. He is also a UK Chartered Insurance Broker. In addition, he has worked with the Uganda Insurers Association in the Technical non-life committee and with the Insurance Brokers Association of Uganda as Technical Board Director. He is currently Chairman of the Insurance Brokers Association of Uganda.

The Subsidiary

Date Established2016
Employees7
Address

PLOT 15, KITANTE CLOSE, KOLOLO, KAMPALA, UGANDA 

Emailuganda@olea.africa
Languages English

Some Key Figures

Country population: 48.6 Million (2023 census)

GDP per Capita: $2,066.38 (2023)

GDP growth in 2023: 6 %

GDP growth in 2024: 6 % (forecast)

Natural resources: fertile soil, oil deposits, hydroelectric potential.
Diversification efforts, particularly in the agri-food sector.
International support for infrastructure projects.
Debt mainly on concessional terms.
Second largest coffee exporter on the continent behind Ethiopia.

Market size: 421 Million USD per year

Insurance penetration rate: (as % of GDP) 0.8%

Have a look at our Insurance Solutions!

Liability insurance providing protection against claims resulting from injuries and damage to other people or property.
Property & Casuality
Cover for property damage and/or bodily injury caused by your vehicle, including to third parties.
Motor & Motor Fleets
Covers all damage likely to disrupt a company's normal operations, including the company's movable and immovable assets.
Asset & Business Interruption
Business protection against cyberattacks such as system hacking, viruses, and ransomware leading to data blocking and ransom demands.
Cyber
Insured protection against violence with political or terrorist overtones.
Political Violence & Terrorism
Insurance cover against losses incurred for your house contents, devices, and vehicles.
Personal Insurance
Health cover for individuals and employees of companies in various sectors.
Medical Insurance
Fraud insurance covering a range of risks associated with external, internal, and cyber fraud.
Crime
Cargo insurance and transport liability protection against financial consequences in the event of loss or damage of goods transported by sea, air, or land.
Transport
A specified lump sum paid to your dependants in the event of work incapacity due to temporary or permanent disability or death.
Life Insurance

Have a look at our Specialised Industry Solutions!

Protection for mining operations against risks associated with exploration, extraction, and processing of mineral resources.
Mining
Tailor-made risk management solutions to protect operations from potential hazards.
Manufacturing
Protecting crops and assets from liabilities due to property damage, fire, death, or injuries on your farms.
Agriculture
Comprehensive solutions for both local and cross-border operations covering risks associated with logistics, vehicles and transport operations in general.
Logistics & Transportation
Covers risks inherent in the building process, including professional liability insurance to cover consequences of professional negligence.
Construction & Projects
Customised solutions for the hydrocarbon sector, covering risks associated with the exploration, production, and distribution of oil and gas products.
Oil & Gas
Risk management solutions protecting against threats in the ever changing technological environment.
Technology
Designed to protect against the risks inherent in the travel and tourism industry.
Leisure & Hospitality
Specialised insurance for collectables and high-risk items.
Diamonds. Specie & Collectables
Insurance strategies tailored to the financial sector's needs, guaranteeing the security of operations and assets.
Banking
Specialised insurance solutions for renewable energy projects, contributing to the energy transition.
Renewable Energy
Insurance coverage specifically geared to the operation of aircraft and risks involved in aviation.
Aviation
Managing your medical aid claims via 3rd Party Administration.
Third Party Administration (TPA)