Business

EFFECT OF COVID 19 ON INSURANCE UNDERWRITING
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The recent stories of skyrocketing medical bills, loss of lives due to the second wave of covid 19 pandemic in Uganda may not have told the full story; its sadly true that adults above the age of 20 are suffering from the pandemic but many children and adolescents are equally being affected due to the…

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TOP 4 CLASSES OF INSURANCE IN UGANDA
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Despite the business disruption during 2020 due to COVID 19 total lockdown and the aftermath, the insurance industry rose to a milestone 1 Trillion shillings and although this looks very low as compared to 148 Trillion shillings GDP, it’s a milestone in an industry which grossed 39 Billion 20 years ago. The insurance industry has…

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Top 5 most expensive items to insure in Uganda
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When we talk about expensive insurance policies, your mind should not immediately run to celebrities and millionaires who spend millions insuring what matters a lot to them especially body parts that make them standout. In this article, I share the five most expensive items to purchase insurance coverage for in Uganda, and you are about…

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Top 5 Insurance Products on the Ugandan Market
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To most people insurance is what it is and that’s why many times people are disappointed when they a report a claim only for it to be denied because they purchased the wrong class of insurance for the risk they are facing. If you are in any way involved in the insurance sector whether you…

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COVID 19 Disruption – 6 insurance products rendered useless during the lock-down
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There is no doubt the lockdown has caused great damage to many sectors of the economy and ironically boosted some like pharmaceuticals, e-commerce, telecoms, etc. For the insurance industry however, there are mixed feelings and at the moment some company divisions are totally redundant with the fear of extinction as a result of the COVID…

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Movies every business person should watch #01 Wallstreet
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‘Greed is Good’ This is the best business movie ever produced featuring the legendary Michael Douglas who acts the fictional character Gordon Geecko character so well that forms a benchmark for businessmen who take no prisoners in going about their business. In fact Gordon Geecko is quoted in so many movies whenever there is a…

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Movies every business person should watch #02 Wallstreet Money Never Sleeps
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‘A fisherman always sees another fisherman from afar’ This movie is a continuation of the 1987 version which starts with the release from a Federal prison of the legendary Gordon Gekko, the famous Wallstreet corporate raider after a conviction on insider trading and showcases how he is trying to reconnect with his daughter following his…

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Movies every business person should watch #03 The Founder
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This movie which tells the beginning of the McDonald business in San Bernardino, California, teaches us the value of market segmentation, systems and standards. The 2 brothers Dick & Mac McDonald begin a fast food restaurant with a menu offering various and after a period of studying what most customers frequently order for, they discover…

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Movies every business person should watch #04 The Wolf of Wallstreet
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For those of looking to acquire sales skills, the Wolf of Wall Street tells the story of Jordan Belfort whose youthful ambitions lead him to the one place one of the best places on earth where the ‘American Dream’ is pursued, Wall street. Right from his first job as a stockbroker for L.F. Rothschild which…

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Movies every business person should watch #05 Margin Call
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This begins with a massive lay-off at a wall street investment bank which sees Stanley Tucci acting as Eric Dale a risk management head as one of the victims but just as he exits the building, he passes over an unfinished project to one of his protégé Zachary Quinto who on filling in the missing…

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