Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 871887,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/871887/?format=api",
    "text_counter": 166,
    "type": "speech",
    "speaker_name": "Roysambu, JP",
    "speaker_title": "Hon. Isaac Ndirangu",
    "speaker": {
        "id": 2701,
        "legal_name": "Isaac Waihenya Ndirangu",
        "slug": "isaac-waihenya-ndirangu"
    },
    "content": "However, after having a sitting with them, we sought to get a middle ground between the insurance brokers and the main underwriters. We made recommendations which will be effected through the amendment. These amendments are as follows: The contentious Clause 10(156) should be reworded to state that: “No insurer shall assume a risk in Kenya in respect of insurance business unless and until the premium payable thereon is received by him or is guaranteed to be paid by such person in such manner and within such time as maybe prescribed or unless and until a deposit of a prescribed amount is made in advance in the prescribed manner”. This provision enables clients to pay through the brokers, trust them and know that their premiums will reach the underwriters. We have also recommended that contracts be established between the underwriters and intermediaries so that the underwriters are assured that the intermediaries or insurance brokers selling their insurance have a contract with them and can pay insurance premiums."
}