insurance – Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

IRA holds insurance sensitization drive in Trans Nzoia County under Bima Mashinani Programme

Sacco ReviewDecember 18, 202504 mins

The Insurance Regulatory Authority (IRA) has intensified its nationwide sensitization campaign, taking its Bima Mashinani programme to Trans Nzoia County in an effort to strengthen public understanding of insurance and address persistent challenges in the sector. The outreach, which brought together key stakeholders at the Kitale National Polytechnic, was led by IRA board director Immaculate…

Compensation agency disburses Ksh93M for unpaid insurance claims

Sacco ReviewDecember 11, 2023December 11, 202303 mins

The Policyholders Compensation Fund (PCF) has disbursed Ksh93.18 million in claims to 778 policyholders of three collapsed insurance firms dating back to June 30, 2023, the Fund’s Independent Trustee Deberious Sikuku has said. Speaking during a 5-day sensitization campaign in Kisumu, Sikuku noted that the beneficiaries include 724 former clients of Resolution Insurance Company who…

21 counties set to benefit from livestock insurance programme

Sacco ReviewAugust 29, 2023August 29, 202305 mins

Twenty one counties will benefit from a livestock insurance programme initiated by the World Bank and will see 173,000 farmers cover their livestock against drought. The programme dubbed De-risking Inclusion and Value Enhancement of Pastoral Economies (DRIVE) is the product of a partnership between the Department of Livestock Production, World Bank, Kenya Development Corporation and…