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{
    "id": 1521393,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1521393/?format=api",
    "text_counter": 274,
    "type": "speech",
    "speaker_name": "Kesses, UDA",
    "speaker_title": "Hon. Julius Rutto",
    "speaker": null,
    "content": " Thank you so much for the opportunity you have given me. From the onset, let me thank my Chairman of the Departmental Committee on Finance and National Planning, Hon. Kimani Kuria. It is for spearheading and steering a way to ensure this Bill is here on the Floor of the House today. It has taken a lengthy time, knowing that it has gone through many rigorous processes, more so, stakeholder engagements in which I participated. Indeed, this sector is one among those that have lagged for long. It is one of the sectors with much interest. There are many players in the chain of this particular business. Some come together and organise themselves into an association or a company called brokers, while some find an opportunity to trade in insurance covers and for any other reason. It has also established many regulatory bodies. If you look at the objectives of these particular regulatory bodies, they have no definite focus on the people in them. This particular Bill has been brought at the right time. The financial sector is crying out for people with technical knowledge and a level of competence to not only conduct business but also advise the people. Many people have been suffering from a lack of understanding of the kind of insurance coverage or policy to take to secure or to protect their interest in business or even life. Why? We all understand the level of unemployment in this country. Like any other 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."
}