Salvage bidding in Uganda has been synonymous with strenuous and time-consuming processes, and at times lack of transparency. UAP OLD MUTUAL has today, launched the Online Salvage Auction Site as a means of making the process of salvage bidding seamless, convenient, and swift. The UAP OLD MUTUAL Auction site helps bidders gain instant access to all products such as car and electronic salvages without having to step out of their homes or places of comfort.
Speaking at the launch of the auction at the UAP OLD MUTUAL Offices at Nakawa Business Park, Stephen Chikovore, the Managing Director stated ‘With over 176 years of experience in the insurance business, UAP Old Mutual has stood the test of time through continuous innovation such as the Online Auction Salvage Solution. As the leading General and Medical Insurance business with the largest market share in Uganda we believe in digital transformation and will continue to innovate to better serve our customers.’
James Maguru, the General Manager explained that as an insurance company salvage are regularly received and are valuable. The Online Auction Salvage Site allows for easier access to salvages and information to the public by making the process convenient and secure. Bidders will have access to a wide range of products like vehicles, motor spare parts, laptops, phones among other electronic items.