1. Section 107(1) of the Insurance Act, Cap 191 Laws of Uganda, requires the accounts of every licensee to be audited by an auditor approved by the Authority.

2. In line with the aforementioned statutory requirement, the Authority invites auditors who are members of the Institute of Certified Public Accountants of Uganda (ICPAU), with sound standing in the market and are interested in auditing insurance players’ accounts for the year 2027 to furnish it with the following:

1. Information on legal status and evidence thereof.
2. Evidence of having submitted the application for Membership for the year 2027 to ICPAU.
3. Concise history of the firm/Auditor.
4. Organizational structure of the applicant.
5. Full details of physical and communication address(es) of office(s).
6. Curriculum Vitae of the partner(s) or individual(s) and Principal/Senior Officers.
7. Names, particulars, and communicating address(es) of the applicant’s leading clients for the last 3 years.
8. Details of the applicant’s valid Professional Indemnity Insurance Policy of sum assured of at least Ugx. 100,000,000/= expiring on or after 31st December 2027.
9. Enclose a copy of the firm’s valid practicing certificate from ICPAU.
10. Enclose an Income Tax Clearance Certificate of at least 31^st August 2026.
11. Enclose a copy of NSSF clearance certificate or its equivalent of at least 31^st August 2026 as evidence of payment of Social Security Contributions.
12. Details of any interest, either directly or through his/her Partners, Principals or Senior Officers in any Insurance Company, Insurance Brokerage or any other player(s) who are within the purview of the Insurance Act in Uganda. This interest includes any stake-holding, advisory, consultative and any other relationship.

3. For clarity, all interested Auditors including those already on the list of previous auditors approved to audit insurance players’ accounts should apply/reapply.

4. All interested applicants should submit all the required information and supporting documents listed in (2) above to the Insurance Regulatory Authority of Uganda at the above-given address by 5:00 pm on Wednesday 4^th November, 2026. Applications should be accompanied by proof of payment of a non-refundable application fee of Ugx.100,000/=, payable to the following bank account:

Account Name: Insurance Regulatory Authority of Uganda
Bank : Bank of Baroda Main Branch
Account No. : 9501020001050

5. Failure to provide all the information and supporting documents listed in (2) above shall result in disqualification.

The Authority is committed to being a trusted and proactive regulator of a resilient and inclusive insurance sector that drives socio-economic transformation

#DrivingInsuranceGrowth

Dr. Protazio Sande
Ag. CHIEF EXECUTIVE OFFICER