Kenya: Insurance Brokers Protest Market Share Loss to Banks

Insurance brokers Friday called on the government to save them from banks as bancassurance eats into their market share. Association of Insurance Brokers of Kenya(AIBK) chairman Mr Muchemi Ndung’u said they had officially protested to the Commissioner of Insurance and to the Insurance Regulatory Authority(IRA) urging them to intervene and stop the haemorrhage. « Bancassurance is […]