The Insurance Regulatory Authority of Uganda has opened its 2026 compliance review for licensed risk advisors, loss assessors and loss adjusters, requiring submissions through its online licensing platform and payment of an annual compliance fee of UGX 400,000 per type of business by Monday 1 September 2025. Late or incomplete applications will attract a penalty, with the 1 September deadline reflecting the next working day after the statutory deadline of 31 August 2025. The Authority requests updated evidence and documentation including a professional indemnity insurance policy with a minimum sum insured of UGX 100 million expiring on or after 31 December 2026; external auditor details, including the auditor’s professional indemnity cover of at least UGX 100 million valid until 31 December 2026 and compliance with auditor rotation requirements; resolution of any outstanding Authority queries on 2024 audited financial statements and returns; settlement of all obligations due to the Authority (including fines and interest); proof of the 2025 deposit annual contribution by 31 October 2025; proof of 2026 membership in the Insurance Training College of Uganda and the Uganda Association of Engineering Valuers and Loss Assessors; the 2024 company annual return registered with the Uganda Registration Services Bureau; immigration documentation for non-Ugandan employees; the company Tax Identification Number; a valid certificate of registration with the Personal Data Protection Office; and corporate governance information on board members and the CEO. For 2025 audited financial statements, the Authority also requires regulatory returns to accompany signed audited accounts, with originals due by Tuesday 31 March 2026. The compliance review is scheduled to be concluded by Monday 1 December 2025, and the Authority plans to publish the list of authorised risk advisors, loss assessors and loss adjusters on Thursday 1 January 2026.

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