By Ben Ssebuguzi,
Mbarara News Business Reporter
Goldstar insurance company Limited,
one of experienced key players in the industry was recognised and rated A+ Global Credit rating company in August 2019.
Credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company) With the capital base of Ugx 24.9b as of 2018, there is no doubt that they have been able to pay clients claims of up to a tune of Ugx 35b in 5 years.
This means that they have sound financial base to cushion their customers from effects of risk and loss.
Some of the other foundations that have made Goldstar insurance a dominant key player in the sector is their excellent customer care and satisfaction, prompt service delivery and professionalism.
Goldstar insurance company also has a sound reinsurance support and backing on top offering risk aversion solutions.
Goldstar insurance company is also known for their prudent underwriting which has helped their clients get timely compensation in times of loss.
This firm under Ruparelia group of companies offers General insurance services to industrial, commercial, professional firms, government institutions, individuals and other enterprises around Uganda.
Some of the insurance policies they sell include:Fire, Motor, Personal Accident, Miscellaneous, contractors all risk, Marine Hull and cargo, workers compensation, public liability, Machinery breakdown among others.