To establish an insurance Regulatory Framework for Fintechs experimentation and innovation with technology in order to improve efficiency, access to insurance services and to create new opportunities, while exposing the insurance sector to emerging technologies without compromising customer protection.
The innovator shall submit an application through this portal or through insurex at the innovation village
Review dependent on the applications completeness.
Application is assessed base on criteria to determine fit for the Regulatory Sandbox.
Approval is communicated and preliminary engagement commences.
For ideas that need shaping before they’re ready to test — structured support to get from concept to a viable, compliant product.
For innovators with a working product ready for live testing with real Ugandan customers, under IRA’s direct Sandbox supervision.
