CS Henry Rotich urges insurers to cover the poor

Cabinet Secretary Treasurer Henry Rotich

Insurers have been told to provide innovative products targeting the poor if insurance penetration is to increase from the current 2.8 per cent to the targeted six per cent.

Treasury Cabinet Secretary Henry Rotich said the Insurance Regulatory Authority (IRA) should come up with guidelines to compel firms to create products that are affordable to most citizens and not only target corporate institutions and the elite.