Understanding The Insurance Professionals Act, 2025. A game changer for the industry.

Insurance in Kenya is entering a new era. As the Insurance Professionals Act, 2025 comes into effect on 1st July, Bima TV brings you exclusive insights from the Chairman of the Insurance Institute of Kenya (IIK) on what this means for the industry and the public. "This Act places people at the centre, recognizing that the strength of our industry lies in the competence, integrity, and professionalism of its practitioners. It creates a virtuous cycle; professionalism builds trust, trust drives uptake, uptake strengthens the industry, and a stronger industry serves Kenya better". Dr. Peter Kagia says. This Act is designed to rebuild trust and raise standards across the board and incorporates strengthening of professionalism and accountability, introducing mandatory licensing and continuous professional development. No longer just a service — insurance is becoming a regulated profession grounded in competence, ethics, and transparency. As full implementation kicks in today, one thing is clear: a stronger, more trusted insurance sector benefits everyone. Host - Eliud Matheri #DiscoverInsurance #IIK #insuranceprofessionals #act #BimaTVKe #InsuranceRevolution #insurancenews