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{
    "id": 394271,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/394271/?format=api",
    "text_counter": 358,
    "type": "speech",
    "speaker_name": "Hon. Langat",
    "speaker_title": "",
    "speaker": {
        "id": 384,
        "legal_name": "Benjamin Kipkirui Langat",
        "slug": "benjamin-langat"
    },
    "content": "Thank you, hon. Temporary Deputy Speaker. I want to thank the hon. Members who requested me to donate a few minutes to them. I think they have added value to the debate. I believe their comments will be captured when we come to the Third Reading. Insurance has been viewed by many with a lot of suspicion. Many people do not trust insurance companies. When I met a group of them the other day in my Committee I told them, “The law is tightening up on you because you have failed to really account for yourselves.” It is only in the insurance sector where we are telling them that they must pay their customers within a period of time. It is not happening in the sugar sector or other sectors. It is common sense that if you have a customer, you pay him whatever is due to him. It is only in the insurance sector that we must regulate up to when a customer should be paid in the event of a claim. The House has made several comments about the sector and I am going to engage them again through my Committee so that this sector really gives Kenyans confidence in terms of what they do. I said here last time that when insurance companies are looking for you to give them the premiums, they do it with a lot of humility, but the day you knock on their doors for a claim, they will not even want to know you. They will ask you: “Who are you and what do you want?” These are the same people who introduced themselves to you and told you that they are good people. This is a sector that needs to reform itself, otherwise we will put a lot of details in our law because it is a sector that needs a lot of reforms. Many comments were made on the Floor regarding the fact that we are opening up too much to the East African Community in terms of encouraging other East African countries to come to Kenya. I want to urge Members to understand that Kenya is the elder brother in the East African Community. We can only show that we are elders by leading from the front. Let us accept them. I looked at the dailies and I saw that the Governors are saying that they are going to look for investors in Brazil and countries in Europe. How come we have refused to take those who are willing to invest in our sectors? If they have money, let them come and invest in Kenya because in investment we get other benefits including employment for our youth and other benefits to the economy. So, let us as a country lead in the East African Community because we are actually the leaders. If we act like the other countries which are our younger brothers, we are going to spoil the East African spirit which is rapidly taking place."
}