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{
    "id": 1159449,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1159449/?format=api",
    "text_counter": 136,
    "type": "speech",
    "speaker_name": "Mumias East, JP",
    "speaker_title": "Hon. Benjamin Washiali",
    "speaker": {
        "id": 151,
        "legal_name": "Benjamin Jomo Washiali",
        "slug": "benjamin-washiali"
    },
    "content": "Finally, having familiarised myself with the Committee Report on the Bill, I wish to note that the recommendation that the House approves the Bill with amendments as proposed in the Schedule contained in the Report to be negated, as there exist new information from stakeholders as related to the establishment of Foreign Professionals Examination Board in Part V. Based on this new knowledge and discussions with stakeholders engagement, I wish to reiterate that Part V of the Bill relating to the Insurance Professional Examination Board be part of the Bill. Noting that there were follow up meetings between the industry players led by the Insurance Regulatory Authority (IRA), the team acknowledged the desire to establish an examination board for insurance professionals as contained in the Bill. The outcome of the mediation by the Insurance Regulatory Authority shared with the Committee through a letter to the Chairperson, Hon. Gladys Wanga, dated 8th November 2021, agreed as follows: (a) THAT, the professional pre-qualification training and examination be administered by institutions recognised by the Commission of University Education (CUE) or the Technical and Vocational Education Training Authority (TVETA) and also independently develop syllabi, examining and issuing certificates to successful candidates. (b) THAT, the proposed examinations board and such examination bodies as may be approved or recognised by the board, shall wholly and solely be responsible for administering examinations relating to qualification for practice as insurance professionals. (c) THAT, professional prequalification shall be a mandatory requirement for registration as a candidate for insurance professional examination. Hon. Temporary Deputy Speaker, we, as representatives of the people, say that the insurance sector has not penetrated our country, just like I had summarised in my presentation. We have only had the College of Insurance training professionals in the sector. With the approval of this Bill, we are going to allow even the technical training institutes (TTIs) that are currently around the country to train. Just like we have had accountants trained right from lower to upper levels, we will have a syllabus for insurance professionals also introduced in TTIs. We shall have many other insurance professionals in the countryside. I move and request Dr. Robert Pukose, Member for Endebess, to second. Thank you, Hon. Temporary Deputy Speaker."
}