UAP Insurance Sudan Ltd
UAP Insurance South Sudan deals in General Insurance and Property Management. Operationscommenced in February 2006, initially operating from Nairobi and later from Juba in July 2006. UAP Insurance South Sudan is also a composite insurer, offering life and non-life insurance products
This wholly-owned subsidiary of UAP Holdings was registered in July 2005 and re-registered in Juba in 2006 immediately after the signing of the Comprehensive Peace Agreement (CPA) between the North and South Sudan, paving way for the referendum which saw the latter gain independence.
Whereas others adopted a wait and see attitude, we wanted to be associated with the development of South Sudan from the outset of the CPA, especially in relation to the fact that the South Sudan has immense economic potential in agriculture, mining, oil and gas.
We are currently building a 14-storey tower in Juba that underlines our belief in South Sudan’s economic future.
The Company was the first Insurance Company to be granted an Insurance licence by Bank of Southern Sudan in September 2006 and also the first Insurance Company in South Sudan to be given a credit rating by Global Credit Rating Company.
Our head office is in Juba and we have a network of branches in all 10 states of South Sudan
UAP’s continued investment in Juba is informed by the fact that South Sudan has immense economic potential in agriculture, mining and oil and gas which remain largely untapped with more opportunities in real estate and infrastructure development.