How new law will shake up insurance industry standards

Guests during an insurance conference at a Nairobi hotel in October 2019.

Photo credit: File | Nation Media Group

The enactment of the Insurance Professionals Act, 2025 marks a defining moment for Kenya’s insurance industry, juxtaposing an evolving marketplace with a renewed commitment to competence, ethics, and continuous development.

At its core, the Act establishes two key institutions: the Insurance Institute of Kenya (IIK) and the Insurance Professionals Examinations Board (IPEB). Together, these bodies are mandated to oversee the examination, registration, and regulation of insurance professionals across the country.

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