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{
    "id": 465385,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/465385/?format=api",
    "text_counter": 344,
    "type": "speech",
    "speaker_name": "Hon. Kimaru",
    "speaker_title": "",
    "speaker": {
        "id": 2072,
        "legal_name": "Anthony Mutahi Kimaru",
        "slug": "anthony-mutahi-kimaru"
    },
    "content": "Tragically, some of the claimants were trying to bring to life those cases more than 20 years later. I may not be a lawyer but I do not think that if you try to bring up a case 20 years down the road you will get anywhere. So, it is important that the insurance industry is streamlined and made to work. Hon. Temporary Deputy Speaker, I am pleased that we have a working regulatory authority. I have seen it work in the co-operative movement. Before we put in place a co- operative society regulatory authority, this particular sector was badly run. After we put regulation mechanisms in place, the sector started working properly. So, the idea of having a regulatory authority in the insurance sector is, indeed welcome. The idea of opening up the market and extending it to the East African region is also welcome because if you expand the base of any business, it becomes more reliable and more lucrative. However, we must also be wary of some of our partner states who are not true to the protocols that we signed. Earlier on, I pointed out the case of Tanzania, unfortunately, where Kenyans are not given equal opportunity, and where Kenyans are made fugitives. Kenyans have gone there to give services, as professionals. In particular, I will talk about the education sector, where we have very many teachers but those people are not given peace of mind to work. Even though we already have a protocol in place, it is not being respected. Hon. Temporary Deputy Speaker, as a country, we must ensure that those particular countries reciprocate to ensure that we get the full benefit of expanding the area of operation. Again, the amendment is welcome because it is trying to align the Insurance Act with the Constitution. For example, the amendment to ensure that it is the Director of Public Prosecutions who prosecutes, and not the Attorney-General, in line with our Constitution, is something that is pretty much welcome. If I may, again, cite the successful reforms in the co-operative movement, previously, co-operative societies were not required to present their audited accounts. However, after presentation of audited accounts was made a requirement by law, we saw a great change in the way things are being done in that sector. I may not particularly go to the clauses, as somebody is asking me to do. I do not think that is important. The gist of my argument is what would really matter. With those remarks, I beg to support the amendments."
}