back to top
HomeBusinessGoldstar Insurance: Scaling New Heights with AA Credit Rating from GCR

Goldstar Insurance: Scaling New Heights with AA Credit Rating from GCR

Published on

- Advertisement -spot_img

One of Uganda’s oldest Insurance Company; Goldstar Insurance Company Ltd, is on the ascent as it proudly secures an impressive AA credit rating from the esteemed Global Credit Rating (GCR).

This milestone underscores the company’s unyielding commitment to excellence and its solid standing within the insurance sector. The two-level elevation in its credit rating is a testament to Goldstar’s significant improvements in management and governance, fortifying its financial foundation.

The achievement of the AA credit rating reflects Goldstar’s commitment to financial prudence and customer satisfaction. The rating is a clear indicator of the company’s reliability and its ability to fulfill commitments to policyholders.

In the wake of this achievement, Enock Mudadi, Goldstar’s Chief Operations Officer, emphasizes the company’s dedication to providing services that meet global standards. Mudadi notes that their client base extends beyond local borders, encompassing multinational corporations and regional firms operating in Uganda.

Goldstar Insurance Company’s future prospects appear brighter than ever as it continues to build on this strong foundation, reaffirming its position as a prominent player in the insurance industry.

Left to right, Mr Jay Sakaria, Asibat Mwambu and Enock Mudadi addressing the press.

What Ranks Goldstar The Best?

Goldstar is one of the leading Insurance Companies in Uganda that provides all types of General Insurance services to industrial, commercial, professional firms, Government institutions, individuals and other enterprises throughout Uganda.

The Company is built on four pillars including; Strong and solid financial base, Sound reinsurance support and backing, Prudent underwriting, and Professional experienced skilled staff

”With strong local and international experience and insight, highly skilled management team and courteous staff, we remain one of the most preferred insurers in the country today,” says the Company adding, ”We have not only offered risk aversion solutions to our clients but also in times of loss, offered timely compensation to keep them going because our ambition is to be a respected insurer with a diverse portfolio by product and geography. We believe that building a balance between different risks gives us opportunities for profitable growth throughout the insurance cycle.”
The Company is located on Plot 38 Kampala Road, Crane Chambers. In case of inquiries, feel free to call them via +256 41 4250110 or marketing@goldstarinsurance.com

More information about Goldstar can be found on their website here

Related

Arrested Dubai Sex-Trafficking Ring Chief Abbey Mwesigwa Faces Extradition To Uganda After Interpol Red Notice

The leader of a sex-trafficking ring that targeted vulnerable Ugandan women in Dubai has...

Uganda’s Dr. Chris Karangwa Awarded For Outstanding Excellence In Medicine and Leadership

Dr. Chris Karangwa, a distinguished medical professional serving at both Nakasero and Kibuli hospitals,...

Three Muni University Staff Die In Road Crash

Three staff members of Muni University tragically lost their lives in a road accident...

From Gomba District To The Silver Screen: The Journey Of Actress Nalubega Aidah Bukenya

Nalubega Aidah Bukenya, a prominent Ugandan actress, entrepreneur, and digital content creator, has become...

More from The Capital Times

Business Boom In Namugongo Ahead Of Martyrs Day

Business has picked up this morning at Namugongo Martyrs shrine according to traders. The...

Here is why the Faras Uganda is the Ultimate Convenience Mobility App for Every Ugandan

Kampala, Uganda – In a fast-paced world where time is increasingly precious, Ugandans are...

Museveni Inaugurates De Heus State Of The Art Fish Feed Factory In Njeru, Buikwe

Njeru, Jinja: De Heus Animal Nutrition, a global leader in animal feed solutions, has...