Insurance authority regrets low uptake in Meru

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Meru Deputy Governor Linda Kiome-Gitonga (left) presides over the opening of a three-day insurance open day organised by the Insurance Regulatory Authority, an event meant to promote uptake. [Phares Mutembei, Standard]

Official government statistics have revealed a worrying trend in Meru County, where insurance penetration stands at a mere 1.3 percent.

This despite the existence of a thriving agricultural, tourism and other sectors.According to Meru Deputy Governor Linda Kiome-Gitonga, insurance uptake in Meru is low, and there is need for public awareness on how insurance can spur their economic development.

Speaking during the opening of a three-day Insurance Open Day program organized by the Insurance Regulatory Authority (IRA), Ms Kiome-Gitonga said there was need for improved uptake of insurance services to spur the local economy.