Nairobi Securities Exchange listed Insurance Group Britam PLC has unveiled their new offices located in Kampala, Uganda.
The offices, which were acquired from AIG, will host both Britam Insurance Company (Uganda) Ltd- the insurance arm of Britam Holdings Limited and Britam Asset Managers Company (Uganda) Ltd.
Britam CEO Dr Benson Wairegi noted that Uganda is a key strategic region for the group as it expands its product offerings in the region. He said that Britam, which entered the Uganda’s insurance market in November 2010, has since grown to become the number three biggest insurer by premiums out of the 21 insurance companies operating in Uganda..
“Over and above our recent opening of an asset management company in Uganda, we are considering opening a property division as well in order to bridge the property and real estate gap in the country,” he said.
