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{
    "id": 871908,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/871908/?format=api",
    "text_counter": 187,
    "type": "speech",
    "speaker_name": "Tharaka, DP",
    "speaker_title": "Hon. George Gitonga",
    "speaker": {
        "id": 13491,
        "legal_name": "George Gitonga Murugara",
        "slug": "george-gitonga-murugara"
    },
    "content": "The Committee has done a good job, for which I commend them. I particularly agree with them on the proposed amendments and possibly others that are going to come to us during the Committee stage regarding the safeguarding of the intermediaries who are properly known as insurance brokers. Insurance contracts are quite intricate in that sometimes they involve three parties instead of two. A party may look upon either of the parties for settlement where there is a dispute. An insured may look at a broker for remedy. He may also look upon the insurer, while the broker will ordinarily look upon the insurer for remedy. The insurer may look upon the two for whatever remedy is necessary in case of being aggrieved. Therefore, it is important that we protect the insurance brokerage industry, which is also an industry of its own, as we seek to protect the insurance industry at large."
}