Following the review of the Ugandan Insurance Act, it has been found that the Insurance Act did not include any provisions that permit microinsurance and index-based insurance specifically. In cooperation with GIZ, the World Bank team engaged in the development of a wider framework for MI, and has completed a comprehensive review of the old insurance act’s compliance with the ICP and presented it to the IRA. This has led to a request from the IRA to draft a completely new Insurance Act with specific provisions on agricultural insurance. As a final step, a new insurance act was drafted permitting index insurance regulations to be issued. This provision will allow the marketing and distribution of suitable products for crop and livestock insurance.