The Insurance Regulatory Authority has embarked on a sensitization mission to educate the public on the benefits and importance of insurance for businesses.
IRA Director Corporate Services Esther Musyoki noted there is low insurance uptake especially in some counties and hence the need for creating awareness on the role of insurance especially in businesses.
She affirmed that many people are not well informed about the benefits and importance of insurance coverage which she said is the reason behind the low uptake. "Many people have not insured their businesses because they do not understand the importance of insurance cover for their businesses.
When the uptake is low, then the rising up is also very low," she said.
