Legislative Milestone

The Insurance Professionals Act 2025

A landmark development in the professionalization and regulation of the insurance industry in Kenya, establishing key regulatory bodies and professional standards.

2025 Act Year
3 Key Bodies
Kenya National Scope

The Insurance Professionals Act 2025 establishes key bodies to oversee the insurance profession in Kenya, including the Insurance Institute of Kenya, the Insurance Professionals Examinations Board.

These organizations are responsible for examining, registering, regulating professional conduct, and upholding service standards for insurance professionals across Kenya.

This Act represents a significant step forward in professionalizing the insurance industry and ensuring that insurance professionals meet the highest standards of competence and ethical conduct.

Governance Structure

Key Bodies & Committee Structure

Insurance Institute of Kenya (IIK)

The professional body responsible for setting standards, providing education, and advancing the interests of insurance professionals in Kenya.

Established under Parts I-III of the Act

Registration Committee

5-member committee handling registration, licensing, and quality assurance monitoring.

Part IV, Section 13-15

Disciplinary Committee

Investigates misconduct and enforces professional standards and ethical conduct.

Referenced in Section 13(4)(c)

Insurance Professionals Examinations Board

Independent corporate body conducting examinations, setting educational standards, and issuing certificates to insurance professionals.

Established under Part V, Sections 16-19

9-Member Board

Representatives from education, IRA, universities, industry associations, and training institutions.

Section 17 - Board Composition

Board Registrar

Appointed secretary managing board operations and examination administration.

Section 18 - Registrar Functions

Read the Complete Act

Access the full text of the Insurance Professionals Act 2025 and understand its implications for the insurance industry