ADVOKS GLOBAL · KENYA
Insurance Professionals Act
5. Functions of the Institute
Edition: 2025-06-20 · In force
5. Functions of the Institute
The functions of the Institute shall be to—(a)establish, monitor and promote standards of professional competence and practice amongst insurance professionals;(b)register persons who meet the required professional and ethical standards;(c)promote research into the areas of insurance practice and related matters;(d)co-ordinate and oversee continuous professional development of insurance professionals;(e)provide a medium for communication and exchange of information, knowledge and ethical standards for those persons engaged in insurance practice;(f)network with regional and international related bodies to promote and develop progressive insurance practices in the region and around the world;(g)have regard to the conduct of persons registered and licensed under this Act, and take such disciplinary measures as may be necessary to maintain a proper standard of conduct among such persons;(h)promote and protect the welfare and interests of insurance professionals;(i)promote inter-professional collaboration with other professional bodies; and(j)carry out such other functions related to the implementation of this Act.