Godfrey Kiptum
Godfrey Kiptum is the Commissioner of Insurance and Chief Executive of the Insurance Regulatory Authority (IRA) in Kenya. He plays a crucial role in overseeing the insurance sector, ensuring compliance with regulations, and promoting innovation within the industry. Recently, he highlighted the challenges faced by local firms in introducing new insurance products, particularly those that deviate from established legal frameworks, citing high costs as a significant barrier to innovation.
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Kenya:
Godfrey Kiptum is the chief executive of the Insurance Regulatory Authority (IRA) who issued a directive requiring insurers to report cybersecurity incidents within 24 hours.
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Kenya:
Godfrey Kiptum is the chief executive who issued the directive requiring insurers to report cybersecurity incidents within 24 hours.
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Kenya:
Godfrey Kiptum is the Commissioner of Insurance who directed the brokers to stop offering services after their licenses were cancelled.
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Kenya:
Godfrey Kiptum referenced high costs that come with the process of introducing new insurance products.
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