Welcome to IRA Website

The mandate of the department is to regulate,supervise and develop the insurance industry in Kenya.

The department is charged with administering the Insurance Act and advises the government on policy matters insurance.

Of focus also is the duty of protecting the interests of policyholders more so the more vulnerable groups.

Core Functions:

Formulating general insurance policies and guidelines.

Licensing of insurers and intermediaries.

Formulation and enforcement of insurance standards especially in regard to the compulsory insurance covers like third party motor vehicle insurance.

Approving tariffs and rates of insurance.

Handling complaints from policyholders and the general public.

Monitoring the performance and financial viability of insurance companies.

Collecting insurance license fees and other related taxes.

Preparing annual performance reports of members of the industry.
Monitoring and enforcement of claims settlement.