Sunday 30 March 2014

CHALLENGES FACING INSURANCE COMPANIES IN KENYA

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Many of the companies including a comp[any for insurance in kenya has a lots of function but aslo has got problems which make less to their efficiency;this has been analysed due to lots of factors such as low fund and lack of qualified skilled labour.
  • faced by several challenges that make their operation in the Kenyan market not so easy. These challenges are dependent on the people, the status of the market
    • laws governing insurance in Kenya and the lack of proper information aboutinsurance.The Kenyan people don't have enough trust in the insurance business
      • majorly due to the number of non-paid claims that lie about within the market.

        • Many claims have not been paid due to prolonged investigations to the point that
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