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Insurance Regulator Speaks on Accident Claims After Curfew Hours

Insurance Regulator Speaks on Accident Claims After Curfew Hours
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Nairobi Area , Rift Valley , Godfrey Kiptum , Uhuru Kenyatta , Insurance Companies Agencies Brokers , Insurance Regulatory Authority , Association Of Kenya Professional Insurance Agents , Kenya Professional Insurance Agents , State House , நைரோபி பரப்பளவு , பிளவு பள்ளத்தாக்கு , உஹுரு கெநியாட , காப்பீடு ஒழுங்குமுறை அதிகாரம் , நிலை வீடு ,

Payment of claims from collapsed insurers kicks off

Payment of claims from collapsed insurers kicks off
Tuesday March 09 2021
By OTIATO GUGUYU
Summary
The Insurance Regulatory Authority (IRA) said they have began processing claims of Concord insurance which collapsed eight years ago and will move to Standard insurance company.
The Insurance regulator said it is tapping into the Policyholders Compensation Fund (PCF) set up 16 years ago for the first time to settle claims of the failed insurer, opening the way to pay back claims for other insurers.
The insurance regulator has started making Sh250,000 payout to policy holders and beneficiaries of collapsed insurers, making the first compensation in decades. ....

Godfrey Kiptum , William Masita , Stallion Insurance Company Ltd , United Insurance Company , Access Insurance Company , Concord Insurance Company , Lakestar Insurance Company , Insurance Regulatory Authority , Standard Assurance Company , Policyholders Compensation Fund , Trustee William Masita , Insurance Godfrey Kiptum , Blue Shield Insurance , Lakestar Insurance , Blue Shield , United Assurance , வில்லியம் மசிதா , ஸ்டாலியன் காப்பீடு நிறுவனம் லிமிடெட் , ஒன்றுபட்டது காப்பீடு நிறுவனம் , நுழைவு காப்பீடு நிறுவனம் , ஒத்திசைவு காப்பீடு நிறுவனம் , லக்கேஸ்டர் காப்பீடு நிறுவனம் , காப்பீடு ஒழுங்குமுறை அதிகாரம் , தரநிலை உறுதி நிறுவனம் , அறங்காவலர் வில்லியம் மசிதா , நீலம் கவசம் காப்பீடு ,