Insurance Professionals Act

3. Establishment of the Institute

Edition: 2025-06-20 · In force

3. Establishment of the Institute

(1)There is established an Institute to be known as the Insurance Institute of Kenya.

(2)The Institute shall be a body corporate with perpetual succession and a common seal, and shall, in its corporate name, be capable of—

(a)suing and being sued;

(b)taking, purchasing or otherwise acquiring, holding, charging or disposing of both movable and immovable property;

(c)borrowing money;

(d)entering into contracts; and

(e)doing or performing all such other acts necessary for the proper performance of its functions under this Act, which may be lawfully done or performed by a body corporate.

(3)The Headquarters of the Institute shall be in Nairobi, but the Institute may establish offices at any place in Kenya.

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Source: Kenya Law