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IRA Kenya

@ira_kenya

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Insurance Regulatory Authority-Established under the Insurance Act CAP 487 of the Laws of Kenya to Oversee the Operations of the insurance Industry in Kenya

Nairobi ,Kenya
Joined November 2011
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@ira_kenya
IRA Kenya
8 months
’Direction is more important than speed." Richard L. Evans. We tackle both light and compound matters equally, as outlined in our Service Delivery Charter. To know more about our service delivery timelines, familiarize yourself with our charter:
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@ira_kenya
IRA Kenya
7 months
WE ARE HIRING!  Are you ready to join #TeamIRA ? If So, visit our website; to view details of vacant positions and apply by close of business on 7th November 2023. #IkoKaziKE #IRACareers
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@ira_kenya
IRA Kenya
5 years
We have taken note of the public’s discussion on medical insurance. One of the Authority's functions is consumer protection. We request those with insurance complaints to contact IRA through complaints @ira .go.ke. @bonifacemwangi @MarthaKarua @CofekRebranded @KenyasOmbudsman
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@ira_kenya
IRA Kenya
6 months
PRESS RELEASE: Xplico Insurance Company Ltd placed under Statutory Management as Official Receiver takes over the affairs of Invesco Assurance Company Limited for the purposes of liquidation.
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@ira_kenya
IRA Kenya
5 years
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@ira_kenya
IRA Kenya
3 years
HAPPENING NOW: Police officers attached to the Insurance Fraud Investigation Unit-IFIU are conducting an operation on Ngong' Road and other areas within Nairobi to identify and arrest motorists with fake/forged Motor Insurance Certificates. #KaaChonjo #BeAWellInformedConsumer
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@ira_kenya
IRA Kenya
4 years
Iko Kazi! interested candidates are invited to apply by close of business on 28th February 2020! #IRA #EqualOpportunityEmployer
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@ira_kenya
IRA Kenya
2 years
Equity Group officially receives license to operate in Insurance business with its new subsidiary dubbed Equity Life Assurance. @KeEquityBank #EquityLife
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@ira_kenya
IRA Kenya
4 years
Our very own Commissioner of Insurance & CEO IRA Godfrey Kiptum will be live on @KTNNewsKE alongside @AKI_Kenya CEO, @Kenya_Re MD & @AAR_Insurance MD on Monday 29th June, 2020 from 7:30 - 9:00Pm for an enlightening discussion on the impact of #COVID19 on the insurance sector.
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@ira_kenya
IRA Kenya
2 years
As we mark National Insurance Awareness Day, two things are for sure; you need insurance, a good cover will save your life and resources. #InsuranceAwarenessDay #InTheKnow
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@ira_kenya
IRA Kenya
3 years
Did you know that you are required by law to have motor vehicle insurance before you put your vehicle on the road? This coming week we will be posting about this type of cover. Keep it here! #IRA #Motorvehicleinsurance #understandinginsurance #besafe #washyourhands #WearAMask
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@ira_kenya
IRA Kenya
4 years
Health insurance is an interesting type of cover in various ways. First, it’s the only cover that deals directly with your health, arguably your most prized asset. #IRA #HealthInsurance #StayHomeStaySafe @KenyanInsurance @CMAKenya @SASRA_ke @CBKKenya @RBAKenya @IraUganda
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@ira_kenya
IRA Kenya
2 years
Tell us the correct answer in the comments section for a chance to win a gift hamper from IRA. T&Cs apply #CelebrateService #CSWeek2022
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@ira_kenya
IRA Kenya
3 years
Commissioner of Insurance & CEO of IRA Mr. Kiptum will this morning issue an official statement addressing the recent comments regarding validity and scope of motor vehicle cover during covid-19 period specifically touching on driving past curfew hours. #MotorInsurancePastCurfew
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@ira_kenya
IRA Kenya
1 year
What happens when you cannot continue paying your premiums for an Education Policy? You have two options: 1. Surrender the policy: ask for the value of your money. 2. Convert your cover to a paid-up policy: Ask your insurer to keep the money until maturity to get payback
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@ira_kenya
IRA Kenya
4 years
In pursuance of section 184 of the Insurance Act, the Commissioner of Insurance gives notice of companies authorized to transact insurance business in Kenya as at 7th February 2020. Take a look below! the list is also available on our website (). #IRA
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@ira_kenya
IRA Kenya
5 years
Yesterday we met @MarthaKarua to discuss on various issues touching on insurance consumers and beneficiaries and the role of the regulator in consumer protection. No doubt, the 1st of many such consultations for the good of all consumers.
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@ira_kenya
IRA Kenya
2 years
A PSV driver should have a personal accident cover since a comprehensive cover will only protect the vehicle, passengers, and other third-party properties. #BimaMashinaniNakuru
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@ira_kenya
IRA Kenya
3 years
Happy Utamaduni Day to all celebrating our rich cultural diversity. #UtamaduniDay
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@ira_kenya
IRA Kenya
4 years
Now happening! @ira_kenya participates in a tree planting session @Sabor Forest Station Block. Commissioner of Insurance & CEO IRA is in attendance! #IRA #TreePlanting #NowHappening @TobikoKeriako @Environment_Ke @StandardKenya @PeopleDailyKe @Governor_Tolgos @ElgeyoMarakwetC
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@ira_kenya
IRA Kenya
2 years
Quiz time: A term used to describe risks that an Insurance cover will not cater for. a. Reimbursement c. Exemptions b. Exclusions d. Excess #FunFacts
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@ira_kenya
IRA Kenya
2 years
Have you participated in our daily quiz? Here is a chance for you to do so and stand a chance to win a giveaway courtesy of IRA. #CelebrateService #CSWeek2022
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@ira_kenya
IRA Kenya
3 years
Guess the following Insurance terms from the hints given below. Tell us in the comments section for a chance to win a gift hamper from IRA! #PowerOfService
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@ira_kenya
IRA Kenya
4 years
Following an engagement with the insurance companies, Commissioner of Insurance Mr. Godfrey Kiptum would like to assure the public that the insurers will continue to provide their services to policy holders affected or infected with the virus. #Covid_19 @MarthaKarua
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@ira_kenya
IRA Kenya
1 year
While dealing with an Insurance Agent/Broker, note that they may not be directly responsible for paying your claims. Make sure to ask the company that is taking over your risk.
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@ira_kenya
IRA Kenya
1 year
IRA Board Chairman Hon. Mwambu Mabongah, received the Board of Association of Kenya Professional Insurance Agents led by their Chairman Mr. Clifford Ochieng.
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@ira_kenya
IRA Kenya
4 years
The Insurance Industry has contributed a total of Kes. 278 Million in cash and kind towards the management of the Covid-19 Pandemic. @StandardKenya @PeopleDailyKe @TheStarKenya @BD_Africa @The_EastAfrican @KenyanInsurance @RBAKenya @CMAKenya @SASRA_ke @CBKKenya @arhabdi @IraUganda
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@ira_kenya
IRA Kenya
3 years
To all Concord Insurance policyholders and beneficiaries; Visit the Policyholders Compensation Fund to lodge your claims! You have 3 weeks to do this! #IRACares
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@ira_kenya
IRA Kenya
4 years
in the advent of the #COVID ー19 and the resulting disruptions experienced by the public and the insurance sector, @ira_kenya hereby directs that: 1. of 15: Insurers should expeditiously process and settle all claims and payments related to the #COVID ー19 @MarthaKarua @ChiboliS
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@ira_kenya
IRA Kenya
3 years
Let's talk Medical Insurance in the wake of a pandemic. There was a raging debate on whether Covid-19 costs would be excluded in Insurance policies. Our panelist is ready to help you understand what exclusions in a policy mean.   #UnderstandingInsurance #IRAInsuranceTweetChat
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@ira_kenya
IRA Kenya
5 years
Insurers pay claims worth Kes. 28.6bn for the period January-June 2019. Total number of claims paid during this period is 1,416,548 #IRA #Q2ClaimsSettlementReport @AKI_Kenya @IIK_Nairobi @MarthaKarua @bonifacemwangi @KenyanInsurance @NTVnewsroom @StandardKenya @TheStarKenya
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@ira_kenya
IRA Kenya
8 months
Without you, there is no us Celebrate Customer Service Week with us by answering all four questions for a chance to win gifts courtesy of IRA. The first 4 people to get at least three questions right stand a chance to win IRA merchandise. T&Cs apply. #TeamService #CSWeek2023
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@ira_kenya
IRA Kenya
6 years
Monday Tip Make sure that you read and understand your insurance policy document before signing it. Read it carefully and seek for clarification on any grey area as soon as you receive the policy document.
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@ira_kenya
IRA Kenya
5 years
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@ira_kenya
IRA Kenya
6 years
IRA Actuarial Science Scholarship Programmes Academic Year 2018/2019.
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@ira_kenya
IRA Kenya
3 years
Let's see the geniuses.
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@ira_kenya
IRA Kenya
2 years
Celebrate Customer Service Week with us! Participate in our daily quizzes throughout customer service week and stand a chance to win a gift hamper. T&Cs apply #CelebrateService #CSWeek2022
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@ira_kenya
IRA Kenya
3 years
Quiz time: A term used to describe risks that an Insurance cover will not cater for. a. Reimbursement c. Exemptions b. Exclusions d. Excess #FunFacts #IRACares
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@ira_kenya
IRA Kenya
6 years
Medical insurance contribute a total of 30.7% of the total general insurance premium. @LadyKanyali @GibmwashMawira @LMAfrican @KondoValentine #IRA #IRA2017IndustryReport
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@ira_kenya
IRA Kenya
6 years
Insurance Claims Settlement Report-Q. 2 2018. The Authority has today released the claims payment report by insurance companies for the period January-June 2018. Take a look below!
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@ira_kenya
IRA Kenya
4 years
@ira_kenya has developed a sandbox to facilitate testing of new ideas and innovations in the insurance sector through a Regulatory Sandbox. Interested parties are invited to apply! #InnovationHub #BimaBox #sandbox @EliasOmondiFIA @PeopleDailyKe @BD_Africa
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@ira_kenya
IRA Kenya
6 years
Did you know that there are different types of life insurance covers? Contact your insurer to find out more and exactly which policy would work best for you. Be an informed insurance consumer!
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@ira_kenya
IRA Kenya
2 years
Let's see those who have been paying attention to IRA classes :) In case of total damage or theft to my car, I will get a claim amount equivalent to a new car. A. TRUE B. FALSE
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@ira_kenya
IRA Kenya
1 year
Quiz time: Pick one choice that does not represent the principle of insurance.
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@ira_kenya
IRA Kenya
4 years
@Starlight_Bo Good afternoon. Insurance companies pay/settle claims. Policy holders pay premiums. Insurance companies are settling covid-19 related claims. Should you experience any challenge, contact us through complaints @ira .go.ke. Thank you.
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@ira_kenya
IRA Kenya
3 years
While dealing with an Insurance Agent/broker, it is imperative to note that they may not be directly responsible for paying your claims. Ensure you are aware of which Insurance company they represent or have placed your cover. #YourSafetyComesFirst #IRACares
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@ira_kenya
IRA Kenya
2 years
Are you thinking about getting medical insurance? Is your cover working for you? Galgalo Quche, Senior Consumer Protection Officer, IRA will help you decipher these & more concerns. Tune in via Zoom this Friday, Sept 30th, 2022, from 12.30–1.30 p.m. Join:
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@ira_kenya
IRA Kenya
3 years
Mombasa hoyee! Wakati wenu umewadia. The IRA Insurance Open Day is now in Mombasa county starting 23rd-25th June at the Makadara Grounds. Entry is free and open to all members of the public. #IRAOpenDayMombasa
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@ira_kenya
IRA Kenya
3 years
When purchasing an insurance cover, take note of the policy conditions to avoid getting disappointed when making a claim. This section elaborates the things that one is supposed to do during the policy and after a loss has occurred. #IRA #Insurancepolicydocument
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@ira_kenya
IRA Kenya
4 years
This consideration has been arrived at in support of the government’s mitigation measures aimed at minimizing exposure to policy holders and beneficiaries. #Covid_19 @MarthaKarua @ChiboliS @lawsocietykenya @thekhrc @CofekRebranded @lawsocietykenya @MOH_Kenya @KenyanInsurance
@ira_kenya
IRA Kenya
4 years
Following an engagement with the insurance companies, Commissioner of Insurance Mr. Godfrey Kiptum would like to assure the public that the insurers will continue to provide their services to policy holders affected or infected with the virus. #Covid_19 @MarthaKarua
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@ira_kenya
IRA Kenya
1 year
Presenting IRA’s new Board Chairman - Hon. Hon. Mwambu Mabongah! Today, we had the privilege of hosting the outgoing Chairman Mr Mohamed Sheikh Amin and incoming Chairman @HonBumula at our offices.
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@ira_kenya
IRA Kenya
3 years
Classtime: Which of the following is not a factor in motor insurance premium? a. Vehicle color c. Driving record b. Driver’s age d. Vehicle safety measures
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@ira_kenya
IRA Kenya
3 years
Before you buy an insurance policy, be sure to ask your service provider about what the policy does not cover (referred to as 'exclusions’). Ignoring this could lead to a lot of frustration in the event the risk is ‘uncovered’ such as instances of loss or damage. #IRACares
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@ira_kenya
IRA Kenya
2 years
Ever heard the term ‘subrogation’ whilst filling a claim and wondered what it meant? Well, subrogation refers to a legal right granted to an insurance company to pursue costs (repairs, medical fees, etc.) from the at-fault driver’s insurer. #PeaceOfMind
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@ira_kenya
IRA Kenya
5 years
# #Nowhappening the unveiling of the ISO 9001:2015 certificate #IRAStrategicPlan #HappyNewMonth #IRA ^JK
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@ira_kenya
IRA Kenya
4 years
The deadline for renewal of registration of agents is fast approaching (30th September 2019). This week we will be posting about the renewal procedures. Keep it here for more information. #IRA #RenewalOfRegistration
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@ira_kenya
IRA Kenya
2 years
@KeEquityBank In Pictures: Equity Life Assurance (Kenya ) Ltd becomes the newest entrant into the Insurance market after receiving license to operate from IRA. #EquityLife @KeEquityBank
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@ira_kenya
IRA Kenya
4 years
2. of 15 : Insurers should expeditiously pay last expense claims or death benefits arising out of #COVID ー19 even in case of delayed submission or absence of required documentation. @KenyanInsurance @EliasOmondiFIA @ChiboliS @MarthaKarua @BD_Africa @StandardKenya @dailynation
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@ira_kenya
IRA Kenya
3 years
If you are caught up in this situation, what would you do?
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@ira_kenya
IRA Kenya
1 year
Microinsurance companies offer insurance products at affordable premiums for individuals and groups. The microinsurance regulations came into force in 2020. The Authority has so far registered one microinsurance company in 2022. #BimaMashinaniMigori
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@ira_kenya
IRA Kenya
1 year
Bancassurance intermediaries have been urged to prioritize consumer protection and divest their portfolio and client base. (Thread)
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@ira_kenya
IRA Kenya
2 years
The Authority was pleased to partner with the Actuarial Student’s Society of Kenya (ASSK), the umbrella body for student actuaries from all universities in the country on 30th June and 1st July 2022 in a National Product Design Competition at Daystar University.
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@ira_kenya
IRA Kenya
4 years
Insurance Industry gross written premiums hit KES. 121.04 billion marking a 3.2% growth from KES. 117.28 billion recorded in Q2 2019. #IRA #Q2InsuranceIndustryReport #2020 @AKI_Kenya @RBAKenya @IIK_Nairobi @CMAKenya @SASRA_ke @CBKKenya
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@ira_kenya
IRA Kenya
5 years
#amendedinsuranceact . No insurance intermediary shall receive premium on behalf of the insurer. Any contravention by the intermediary shall attract a penalty of 20% of the outstanding premium @arhabdi @AKI_Kenya @IIK_Nairobi @AIBKENYA @MarthaKarua @bonifacemwangi @KenyanInsurance
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@ira_kenya
IRA Kenya
3 years
Test your knowledge and win! Find six Insurance terms for a chance to win a gift hamper courtesy of IRA. #powerofservice
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@ira_kenya
IRA Kenya
4 years
Comprehensive motor insurance is arguably the most misunderstood cover in terms of what it covers & excludes! Do you want to finally understand what having this cover means? IRA has got you covered! Join us for a live twitter chat on Friday from 11am–1pm for discussion on this!
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@ira_kenya
IRA Kenya
5 years
In the spirit of Internet of Things, the Authority has made it possible for agents to “View license”, download and self-print the license upon completion of the registration process. #IRA #RenewalOfRegistration
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@ira_kenya
IRA Kenya
3 years
When you pay your Premium-a specific fee transferred to Insurance companies, the Insurer invests the fund securely, grows it and pays out when there is a claim. #InsuranceAwarenessMonth #JazaPengo
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@ira_kenya
IRA Kenya
5 years
Attention bancassurance agents! For the year 2020, you be required to submit your renewal application for registration through the Electronic Regulatory System (ERS). For efficient migration, you are invited for a training on 3rd December, 2019. @EliasOmondiFIA @KenyanInsurance
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@ira_kenya
IRA Kenya
5 years
Today, right now, the Insurance Regulatory Authority is launching its 3rd Strategic Plan and Award of ISO 9001:2015 Certification at the @KICC_kenya . #IRAStrategicPlan #Launchloading ^JK
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@ira_kenya
IRA Kenya
3 years
Here comes your compensation! Calling on all Concord Insurance Policyholders and beneficiaries. You can now lodge your claims with PCF. See attached notice for details. @IraUganda @KenyanInsurance @StandardKenya @BD_Africa @PeopleDailyKe @TheStarKenya @NationMediaGrp @AKI_Kenya
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@ira_kenya
IRA Kenya
6 years
Do you have a life insurance policy? If not, the time is now! Provide for your loved ones in the unfortunate event of your demise. Protect yourself against life's cruel uncertainties!
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@ira_kenya
IRA Kenya
4 years
3 of 15: Insurers should not reject claims due to delayed reporting and challenges that may arise out of the Government directives on #COVID ー19 pandemic. @MarthaKarua @KenyanInsurance @EliasOmondiFIA @StandardKenya @BD_Africa @dailynation @TheStarKenya
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@ira_kenya
IRA Kenya
6 years
Now happening in Turkana County at the Lodwar Vocational Training Centre, candidates undergo Insurance Champions Training.
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@ira_kenya
IRA Kenya
1 year
The BimaLab Insurtech Accelerator Program is back. The Insurance Regulatory Authority in partnership with FSD Africa is calling on insurance innovators to apply for the Bima Lab Africa Accelerator Program.
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@ira_kenya
IRA Kenya
2 years
Our CEO & Commissioner of Insurance Mr. Godfrey Kiptum will be speaking at the Insurance Industry CEOs Forum. He is joined by industry experts in a timely conversation on driving sustainability through insurance with respect to Environment, Social & Governance(ESG) Integration.
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@ira_kenya
IRA Kenya
3 years
We have made Customer service week celebrations a one-month affair. Be part of it by participating in our weekly crossword puzzles. Tell us the correct answers in the comments section and stand a chance to win a gift hamper from IRA. #CSWeek2021 #PowerOfService
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@ira_kenya
IRA Kenya
1 year
Both the Insurer and the Insured can be victims of fraud. Insurance companies put in measures to protect their business and customers. Are you playing a part in ending insurance fraud? #EndInsuranceFraud #IFIU
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@ira_kenya
IRA Kenya
1 year
Towards Insurance Inclusion...Earlier today, the IRA Chairman of the Board of Directors Hon. @MwambuMabongah hosted @KevinMutiso ; Co-founder and CEO of Oye to discuss possible areas of collaboration for enhanced insurance uptake by boda boda riders.
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@ira_kenya
IRA Kenya
2 years
One day left to apply for the 2022 Master of Science in Actuarial Management scholarship in the UK. (1/2).
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@ira_kenya
IRA Kenya
3 years
If you have purchased a Life Insurance policy and the Insurance company is closed down, you ought to continue paying your premiums until the maturity of your cover. You have the right to claim your policy upon its maturity. #YourSafetyComesFirst #IRACares
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@ira_kenya
IRA Kenya
5 years
Long term insurers net income premium hit KES 20.41 billion indicating a 4.0% increase from the amount reported in Q1 2018. #IRA #Q1InsuranceIndustryReport #2019
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@ira_kenya
IRA Kenya
5 years
To enjoy the maximum benefits that your insurance cover can provide, you need to read and understand your insurance policy document.
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@ira_kenya
IRA Kenya
4 years
The Media is an important stakeholder in our operations. The need to continuously build on knowledge & engage with our stakeholders is important to us. Today we engage the Business Journalists as we talk about industry trends, performance & projection amid the Covid-19 pandemic.
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@ira_kenya
IRA Kenya
2 years
Become part of our Customer service week celebrations by participating in our #CSWeekQuiz . The first two correct answers stand a chance to win a gift hamper courtesy of IRA. T&Cs apply. #CelebrateService #CSWeek2022
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@ira_kenya
IRA Kenya
3 years
It may take long to resolve some matters, we are grateful to receive this type of feedback. #HappyToServe #IRACares
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@ira_kenya
IRA Kenya
4 years
#understandinginsurance brought to you by Insurance Regulatory Authority (IRA). We will be unpacking the basics of motor vehicle insurance. Breaking down all the insurance jargon and much more @ira_kenya
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@ira_kenya
IRA Kenya
2 years
WE ARE HIRING! Visit our website: for more details about the vacant positions. The application deadline is 18th August 2022. #IkoKaziKE #IRACareers
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@ira_kenya
IRA Kenya
7 years
Insurance Regulatory Authority names top insurers in settlement of claims. Click on the link below to read more.
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@ira_kenya
IRA Kenya
4 months
Comprehensive motor insurance does not cover the driver; neither does third-party coverage. Purchase a personal accident cover as an addition to your current cover. #InTheKnow
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@ira_kenya
IRA Kenya
2 years
As a policyholder, there are six most critical sections in your policy document that you need to pay attention to. They include; The declaration page, Scope of Coverage, Deductibles, Amount of Premium Payable, Exclusions and Terms and Conditions. #InTheKnow
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@ira_kenya
IRA Kenya
6 years
How long does travel insurance last? Travel insurance generally lasts the length of your trip. Take up a travel insurance cover today, for life was meant for friends, family, and adventure.
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@ira_kenya
IRA Kenya
1 year
You don't want to miss out on this informative #IRAWebinar slatted tomorrow, Tuesday 31st January 2023, from 12 p.m-1 p.m. Join us Live on Zoom on this link:
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@ira_kenya
IRA Kenya
3 years
From our IRA family to yours; Merry Christmas! As you enjoy the festivities, don't forget that if you value it, insure it!
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@ira_kenya
IRA Kenya
1 year
Earlier today, the Commissioner of Insurance & Chief Executive Officer, IRA, Mr. Godfrey Kiptum, paid a courtesy call to the National Treasury and Economic Planning Cabinet Secretary (CS) Prof. Njuguna Ndungú.
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@ira_kenya
IRA Kenya
4 years
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@ira_kenya
IRA Kenya
6 years
#understanding insurance Why your insurer might refuse your claim There may be a good reason why your insurer has made their decision about your claim. Before you do anything, check your policy document to make sure that what you want to complain about is covered by your policy.
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