- John Sebana Kizito was a founder of the Insurance institue
- Sebaana still recognized for his efforts in insurance growth
- SWICO still performing well.
Stakeholders in the insurance sector say people in the small and medium sized business and agriculture sector are still hesitant in taking up insurance despite challenges presented by COVID19 outbreak which has left many businesses struggling.
Saul Sseremba, the chief executive officer at Insurance Training college made the remarks while briefing the media about the John SSebaana Kizito Memorial lecture due to take place on Thursday in honor of his efforts and contribution towards the growth of the insurance sector in Uganda.
The late Ssebaana Kizito started the first indigenous insurance firm and was among the founders of the Insurance institute of Uganda that was set up in 1964 to professionalize the insurance industry.
The virtual conference will run under the theme "Resilience of Business Enterprises and Households, a Reflection on Insurance Sector".
According to Daudi Mugabi, the corporate affairs at statewide insurance company-SWICO, company is still performing well on the market despite the passing on of its proprietor four years ago.
"The late Ssebaana did a lot for our industry and his name will forever echo throughout time in the insurance sector," Mugabi added.
Key note speaker at the conference is Permanent Secretary and Secretary to the Treasury at the Ministry of Finance Ramathan Goobi.