Business Daily
Date: 27.01.2017
Page 19
Article size: 91 cm2
ColumnCM: 20.22
AVE: 38422.22
IRA says marine insurance law to benefit multiple players
forms would all benefit from the section
BY JAMES NGUNJIRI
The Insurance Regulatory Authority (IRA)
has tipped benefits of the new compulsory
local marine cover to trickle down to mul­
tiple stakeholders beyond the insurance
industry,
IRA chief manager technical services
Agnes Ndirangu said yesterday insurance
agents, brokers and bancassurance plat­
mentation process of the new law.
20 of Insurance Act that came into effect
She said from next month IRA woul d roll
on January!
"Importers will also be happier since they
nowhave an easier way of accessing whoever
has provided the services, unlike before. It is
bringing services closer to the local import­
ers," she said.
Ms Ndirangu dispelled claims of side­lin­
ing a section of stakeholders in the imple­
out a countrywide campaign targeting all
stakeholders on the opportunities the new
lawprovides. "By mid­February we are start­
ing our sensitisation programme. Currently
what we are doing is to come up with a da­
tabase of people who are interested in the
training so that we can have the basis of the
training," said Ms Ndirangu.
Ipsos Kenya ­ Acorn House,97 James Gichuru Road ­ Lavington ­ Nairobi ­ Kenya