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"id": 231891,
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"speaker_name": "Dr. Oburu",
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"legal_name": "Oburu Ngona Odinga",
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"content": "Mr. Temporary Deputy Speaker, Sir, I want to thank the Minister for having brought this Bill to this House. Some issues in this Bill were amended or rejected in the Finance Bill. The Minister has done the right thing. He has brought these amendments under the right Bill. Our Committee is quite happy that we discussed and agreed on almost everything. Mr. Temporary Deputy Speaker, Sir, with the passage of this Bill, and if it becomes an Act, insurance companies are going to receive money directly in cases of fire and motor vehicle covers. This will lower charges to customers substantially. Mr. Temporary Deputy Speaker, Sir, it is also going to advantage the claimant of the insurance cover. The claimant will have access to reports by experts who will do assessment of damage. That information will be made available to the claimants. They will, therefore, have advantage in negotiating with insurance companies for settlement of their claims."
}