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Originally published by Kenyanstop
October 16, 2025
4h ago
State Begins Crackdown on Rogue Insurance Companies Exploiting Kenyans

Those convicted risk fines of up to Ksh5 million or imprisonment for up to two years...
✨ Key Highlights
The Kenyan government, through the Insurance Regulatory Authority (IRA), is launching a major crackdown on "rogue insurance companies" exploiting Public Service Vehicle (PSV) operators. This initiative follows a public petition highlighting issues like the failure to remit premiums and settle claims, aiming to restore accountability in the sector.
- Only three companies are currently licensed to transact PSV insurance in Kenya, a sector deemed high-risk.
- IRA Chief Executive Officer Godfrey Kiptum stated that non-compliant insurers face regulatory action, including statutory management and the appointment of board directors.
- Individuals convicted of negligence or fraud risk fines of up to Ksh5 million or imprisonment for up to two years.
- The Federation of Public Transport Sector (FPTS), represented by Chairperson Kushian Muchiri, called for reforms in handling personal injury claims, proposing the integration of the Small Claims Court framework.
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