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{
    "id": 871936,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/871936/?format=api",
    "text_counter": 215,
    "type": "speech",
    "speaker_name": "Rongo, ODM",
    "speaker_title": "Hon. Paul Abuor",
    "speaker": {
        "id": 13466,
        "legal_name": "Paul Odalo Mak' Ojuando Abuor",
        "slug": "paul-odalo-mak-ojuando-abuor"
    },
    "content": " Thank you, Hon. Temporary Deputy Speaker. I rise to support the Insurance (Amendment) Bill, which seeks to amend the Act by introducing legal provisions creating offences on insurance fraud. As we all know, fraud has been a very big challenge to the insurance industry. Recently, we had a case where someone working in the insurance company, took an insurance cover for a relative without the knowledge of the relative and went ahead and conspired to have the relative murdered just to gain compensation. Apart from that, we have seen a lot of people faking deaths. So, insurance fraud has been a challenge to the industry. I support this Bill because Clause 10 of the amendment Bill makes changes to the Act by inserting a new Section 2 and 4. This section will go a long way in deterring people who want to commit fraud. If you commit an offence under the new Act, you will be liable to pay a fine which is 10 times the amount you have defrauded. Apart from the fine, whoever commits an The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor."
}