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{
    "id": 915265,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/915265/?format=api",
    "text_counter": 222,
    "type": "speech",
    "speaker_name": "Kiminini, FORD-K",
    "speaker_title": "Hon. (Dr.) Chris Wamalwa",
    "speaker": {
        "id": 1889,
        "legal_name": "Chrisantus Wamalwa Wakhungu",
        "slug": "chrisantus-wamalwa-wakhungu"
    },
    "content": "The brokerage insurance plays a critical role. In a situation whereby you are small investor, the insurer has no time to listen to you. Many times the broker is the one who will be your advocate. Some time back, I had an accident and because it was not a company, I was an individual, to get the money back; I had to use the broker to go and meet the insurer to advocate for me to get that money. When I tried to reach that person, he could not give me an audience. For brokers because of the scale of business they give, they are given a hearing. But a situation whereby rogue brokers may overstay with the money, we have put that into the law. This Article 115, I know gives the President a lot of powers but it also good for him to have a human face in the sense that we should not kill the brokerage industry. It has employed many people. We also need to look into this matter of brokerage…"
}