IRA, taxman bet on Safaricom system to enforce marine cover rules

 Commissioner of Insurance and The Insurance Regulatory Authority CEO Godfrey Kiptum speaks at a past event held at JW Marriott Hotel in Nairobi on November 26, 2025. 

Photo credit: File | Nation Media Group

Safaricom has developed a system aimed at tightening enforcement of local marine insurance rules on imports, supporting the Insurance Regulatory Authority (IRA) and Kenya Revenue Authority (KRA) after previous false starts.

In February last year, IRA and KRA announced strict enforcement of the 2017 rules requiring all importers to buy marine cover from local insurers.

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