Kampala, Uganda | THE INDEPENDENT | In a pioneering pass that underscores Uganda’s increasing digital innovation in the insurance protection dwelling, Uganda Reinsurance Company (Uganda Re) has unveiled a USSD-basically based verification platform for the COMESA Yellow Card—a regional motor car insurance protection plan veteran correct thru 13 African countries.
The service, launched on July 1 is available by skill of 28470#, enables motorists, traffic officers, and border authorities to immediately test the authenticity of Yellow Playing cards in exact-time, with out the necessity for net connectivity. Here is the first platform of its form in the COMESA space, environment Uganda apart as a major in insurance protection digitisation and fraud mitigation.
Uganda Re’s Managing Director Ronald Musoke acknowledged the novel machine will make stronger street safety and simplify border processes. “This innovation will accelerate fraud, give protection to decent policyholders, and give self assurance to street customers and authorities correct thru borders,” he acknowledged.
Beforehand, verification relied on handbook processes or required net fetch entry to—a downside at distant border crossings. With this USSD machine, all stakeholders in the transport chain can now ascertain if a car has decent third-celebration protection below the COMESA Yellow Card plan by entering the policy quantity or car registration crucial ingredients.
The open became once welcomed by representatives from the Insurance Regulatory Authority of Uganda (IRA), the Uganda Insurers Association (UIA), and varied key stakeholders, who hailed it as a smartly timed innovation aligned with regional integration and digital public infrastructure dreams.
Musoke furthermore printed that the service will soon be constructed-in with national traffic methods and expanded into varied COMESA states. “We are in discussions with regional counterparts to harmonise this model and promote interoperability correct thru the COMESA bloc,” he celebrated.
The COMESA Yellow Card offers third-celebration liability cloak for automobiles travelling correct thru member states and performs a after all crucial role in facilitating commerce and mobility in Eastern and Southern Africa. Uganda Re serves as the Nationwide Bureau managing the plan in the community.
This pattern comes at a time when Uganda is pushing for greater insurance protection penetration, with digital tools considered as key enablers. Uganda Re’s initiative no longer handiest strengthens the credibility of immoral-border insurance protection but furthermore positions the country as a regional trailblazer in reinsurance innovation.
As fraud continues to erode public have confidence in insurance protection, such customer-centric alternatives could perhaps presumably space a brand novel benchmark for accountability and service offer in Africa’s evolving insurance protection landscape.
