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{
    "id": 577820,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/577820/?format=api",
    "text_counter": 270,
    "type": "speech",
    "speaker_name": "Hon. (Dr.) Pukose",
    "speaker_title": "",
    "speaker": {
        "id": 1458,
        "legal_name": "Robert Pukose",
        "slug": "robert-pukose"
    },
    "content": "charged under inter alia persons licensed under the Insurance Act. We see this in the First Schedule. Given that the insurance sector is heavily reliant on intermediaries, this will make the fees payable to intermediaries high making the insurance business to be less profitable due to the subsequent decline in profit margins. Therefore, this is an area the Committee will need to look at so that we do not over charge and kill the intermediaries especially in the insurance sector. With those few remarks, I support the Bill."
}