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"speaker_name": "Hon. Kang’ata",
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"legal_name": "Irungu Kang'ata",
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"content": "offer public service vehicles insurance policies to look at how some of the best insurance companies have been doing. Hon. Temporary Deputy Speaker, I would also like to note that the Authority that has been handling insurance matters is doing a good job. It has come up with a policy of directing insurance companies to, once in a year; publish their accounts in newspapers with nationwide circulation. That is a very good idea. We can now know the cash-flow of each company dealing in insurance matters. It is also important for us to know which company is almost collapsing. Therefore, we are on our way towards liberating insurance matters. One of the reasons for this amendment Bill is to define a claimant in so far as compensation of a policy holder is concerned, following insolvency of his or her insurance company, to include a beneficiary such as a third party claimant. That is important because presently, the definition of “claimant” only captures the policy holder. In that kind of scenario---"
}