101.4 Elgon FM

Elgon FM

Local Companies

07 March, 2023

1095

Bodaboda operators in Uganda have faulted the insurance industry for not taking care of their challenges to the extent that they see insurance as a money-making venture for the companies.

They specifically question why they are forced to pay for third-party insurance yet when they are involved in accidents, the insurance companies do not come to their rescue. The cyclists admit that their industry accounts for a big percentage of road accidents, as well as being one of the most affected in terms of deaths and injuries.

That notwithstanding, the Kampala Bodaboda security coordinator, Hoss Kakooza says he does not remember any of his members, saying that they have been paid by an insurance company after an accident.

Speaking at the first public interaction between the insurance industry leaders and the general public at the Uganda Insurance Week in Kampala, Kakooza, who was representing the “Kampala community” also accused the insurance operators of keeping a distance between themselves and the ordinary person.

The IRA Chief Executive Officer, Ibrahim Kaddunabbi Lubega says lack of information is the main hindrance to the growth of the industry, the reason they have started public sensitization campaigns throughout the country.