Insurance Regulatory Authority

Insurance Regulatory Authority (IRA) is a statutory government agency founded in 2007 under the Insurance Act (Amendment) 2006, CAP 487 of the Laws of Kenya. Its slogan "Promoting Insurance-Protecting the Insured" underscores its commitment to regulating, supervising, and developing the insurance industry in Kenya. The agency is governed by a Board of Directors that holds the fiduciary responsibility for overseeing its operations and ensuring compliance with the provisions of the Insurance Act.

Operating within the insurance, education, and platforms industries, IRA plays a crucial role in maintaining the integrity and stability of the insurance sector in Kenya. While details about the headquarters and additional investment are not available at present, the agency's mandate has significant implications for the broader financial services landscape. Given its pivotal regulatory role in a key sector, potential investors may find IRA's operations and performance worthy of attention, particularly in the context of the evolving regulatory environment in Kenya.