Insurers Body Seeks More Market Players

[The Star] ASSOCIATION of Kenya Insurers wants the insurance act amended to allow for more distributors within the industry to increase market access. AKI executive director Tom Gichuhi noted that insurance companies were still using traditional methods of insurance such as agents and brokers only, a fact that was impacting negatively on the market penetration of the industry. "The law should be tweaked to accomodate other distributor channels like say supermarkets and banks," said Gichuhi.