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{
    "id": 1520684,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1520684/?format=api",
    "text_counter": 278,
    "type": "speech",
    "speaker_name": "Molo, UDA",
    "speaker_title": "Hon. Kuria Kimani",
    "speaker": null,
    "content": "The Bill also seeks to have a registration committee that will consist of members appointed by the council from the membership of the institute. The examinations board, which shall be separate, shall nominate one of them. It is very important to say that the board shall be separate from the current College of Insurance. Like with other professional bodies, the Bill provides for the functions of the Insurance Institute of Kenya as follows: 1. To establish, monitor and promote standards of professional competence and practice amongst insurance professionals. 2. Register persons who meet the required professional and ethical standards. 3. Promote research into areas of insurance practice and related matters. 4. Coordinate and oversee a continuous professional development of insurance professionals. 5. Provide a medium for communication and exchange of information, knowledge and ethical standards for persons engaged in insurance practice. 6. Advise the registration committee on matters relating to registration of insurance professionals. 7. Advise the registration committee on matters relating to grant of practice certificates. 8. Network with regional and international related bodies to promote and develop progressive insurance practices in the region and around the world. 9. To have regard to conduct of persons registered and licensed under this Act and take such disciplinary measures as may be necessary to maintain a proper standard of conduct amongst such persons. 10. To promote and protect the welfare and interests of insurance professionals. 11. To promote professional collaboration with other professional bodies. 12. To carry out functions related to the implementation of this Act. Hon. Temporary Speaker, Part IV of the Bill contains provisions for registration of an insurance professional. In addition to being mandated with the registration of the professionals, the registration committee will have the following functions: 1. To receive registration and grant practice certificates in accordance with the Act. 2. Monitor compliance with professional quality insurance and other standards published by the council for observance by the members of the institute. 3. Where appropriate and based on the results of quality insurance investigation, to recommend to the council that a member's conduct be referred for enquiry. 4. To advise the council on matters pertaining to professional and other standards necessary for the achievement of quality and assurance. 5. To perform any other functions that will be connected to or incidental hereto. Further, the Bill seeks to provide for insurance professional examinations board, which shall have the following functions: 1. To prepare the syllabus for insurance professional examinations. 2. To make rules with respect to insurance professional examinations. 3. To issue certificates to candidates who have satisfied the examination requirements for insurance professionals. 4. To promote recognition of its exact mission for insurance professionals locally and internationally. 5. To liaise with the Cabinet Secretary for the time being responsible for education in accreditation of institutions to offer professional training for insurance professionals. 6. To do any other thing incidental to or conducive to the performance of any other preceding function. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}