AON appoints Dr. Elly Karuhanga as first Ugandan Board Chairman

KAMPALA, Uganda – City Lawyer and former Tullow Uganda Chair, Hon. Dr. Elly Karuhanga, has been appointed AON  Uganda Limited, Board chairman.

Dr. Karuhanga also the current Chairman of the Uganda Chamber of Mines and Petroleum brings to AON board experience from a wide range of sectors from manufacturing, banking, tourism, energy, technology, among others which will be instrumental in driving the company through the next phase in the market.

AON Insurance with global roots will soon mark 60 years of operations in Uganda.  The long presence in Uganda has enabled it to gain a deep understanding of the insurance market to be able to offer its clients the highest quality services in the risk management and consultancy.

“In the last six decades, the country has been through various ups and downs. However, Aon has stood by Uganda and all its clients continuously providing risk management solutions. I’m happy and honored to be part of the next phase of Aon’s development,” Karuhanga said during a welcome event at the Kampala Sheraton Hotel recently.

Dr. Karuhanga serves as Chairman and Director of Nile Breweries, DFCU Bank, British American Tobacco and Interswitch Uganda. He is also the Honorary Consul of the Republic of Seychelles to Uganda.

He is also well versed with Uganda’s oil and gas activities and his guidance will be instrumental as AON positions itself as the lead risks consultant in the industry.

Maurice Amogola, the AON Uganda Chief Executive Officer, said with the new changes, AON will continuously provide risk advisory services to its clients and will ensure that the risks are only placed in firms that meet the clients’ needs and are financially sound.

AON, in partnership with a number of insurers in Uganda paid out Ush10.5 billion in claims.

“We now see further growth going forward as new opportunities arise in areas such as oil and gas, mining, agriculture and micro-insurance with services targeting clients at all levels,” said Amogola.

Amogola said AON will continue to work towards stronger claim processes to help shift the negative public perception that insurers do not pay claims and thus help deepen the insurance penetration in Uganda. Insurance penetration in Uganda is very law at about 12%.

 

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