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The Standard e-Paper
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The Standard Group Plc is a
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print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The Insurance Regulatory Authority (IRA) has hit a major milestone in its fight against fraud by apprehending and arraigning in court 11 suspects believed to have been operating a sophisticated fraud syndicate in Western Kenya.
Fraud has been a problem for the insurance industry, with some reports estimating that as much as 50 per cent of insurance claims paid out are actually falsified.
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