
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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Recent news mentions
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.
Insurers caught flat-footed ahead of IRA's 24-hour cyber breach deadlineGodfrey Kiptum is the chief executive who issued the directive requiring insurers to report cybersecurity incidents within 24 hours.
Insurers caught flat-footed as cyber breach clock ticks
Godfrey Kiptum is the Commissioner of Insurance who directed the brokers to stop offering services after their licenses were cancelled.
Insurance regulator revokes licenses of 20 brokersGodfrey Kiptum referenced high costs that come with the process of introducing new insurance products.
Why local firms shy away from innovative products outside the law
