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{
    "id": 1159528,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1159528/?format=api",
    "text_counter": 215,
    "type": "speech",
    "speaker_name": "Ugunja, ODM",
    "speaker_title": "Hon. Opiyo Wandayi",
    "speaker": {
        "id": 2960,
        "legal_name": "James Opiyo Wandayi",
        "slug": "james-opiyo-wandayi"
    },
    "content": "curious. But that is the point, really. That we need to be prepared for the eventual growth of this economy. This Bill has come at the right time. The issues it is addressing are pertinent. Insurance is all about taking care of risks. You know risks, as the name suggests, are things that you cannot really be sure of. They are future occurrences which you cannot predict and over which you have no control. So, as a businessperson and practitioner in the economy, you want to be sure that, when you insure from risks, the insurer is somebody who is first of all competent and, secondly, the insurer is properly regulated. That is very important. That is what gives a businessperson confidence to invest more money in his or her businesses. As businesses grow, the risks invariably increase. These risks have to be insured for modern businesses to thrive. Therefore, thank you very much, Hon. Washiali. I support this Bill fully. I just hope it can be fast-tracked for it to be enacted into law before we adjourn. Thank you and may God bless you."
}