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Clients of fallen insurance firms get Sh4bn
The claims are from four insurance firms- United Insurance, Standard Assurance, Blue Shield Insurance and Concord Insurance—which have gone under, but have not been declared insolvent. FILE PHOTO | NMG
Thousands of policyholders and beneficiaries in collapsed insurance firms are in line for a Sh4.3 billion State payout following changes to the law that previously barred compensation before insurers are wound up.
The claims are from four insurance firms- United Insurance, Standard Assurance, Blue Shield Insurance and Concord Insurance—which have gone under, but have not been declared insolvent.
