Agents protest Regulatory Authority decision to close three insurers

2026-03-17 - 14:53

Insurance agents affiliated to the Bima Intermediaries Association of Kenya (BIAK) have criticised the Insurance Regulatory Authority (IRA) for the abrupt closure of three insurance companies, warning that the move has left thousands of policyholders in limbo. According to BIAK Chairman Washington Ndegea, the decision by the regulator to place KUSCCO Mutual Assurance Limited, Corporate...