Shipping lobby in fresh push for local insurance

A ship arrive at the port of Mombasa. FILE PHOTO | NMG

Kenya is among four countries in the region that have resolved to hasten the domestication of Marine Cargo Insurance (MCI) and increase its uptake.

The Marine Cargo Insurance Policy, which Kenya passed in 2016, allows importers and exporters to insure their goods locally instead of using foreign insurers.

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