Matatu operators have called on Insurance Regulatory Authority (IRA) to put in place stringent measures to protect their businesses from collapsing due to insolvency of insurance firms.
Motorists have lamented that some insurance firms continue to collect premiums from unsuspecting clients even when they are facing liquidity crises, eventually resulting in heavy losses to the businesses.
IRA Deputy Director Conduct supervision and Consumer Protection Trizah Mburu speaking in Nanyuki during a sensitization workshop dubbed Bima Mashinani said they aim to educate the public on the benefits that come with insurance covers.
‘’This is an activity that we go to in various counties, engaging stakeholders in…