Representing the Cabinet Secretary, The national treasury.
Mr. Joseph Waruiru was appointed to the Board of Trustees on 29th June 2023 as the representative of the Cabinet Secretary, National Treasury & Economic Planning. He is a Certified Public Accountant and currently works at the National Treasury, Government Investment Public Enterprise Department. He has over 12 years’ experience in Auditing and Finance in the Public Service.
NAIROBI, Kenya, 8th December – The Insurance Regulatory Authority has today, as per Section 67C(2)(i) of the Insurance Act, placed Xplico Insurance Company Limited under Statutory Management. Consequently, the Authority has with immediate effect appointed the Policyholders Compensation Fund (PCF) as the Statutory Manager for Xplico Insurance Company Limited. The insurer is prohibited from issuing any new insurance contracts from 8th December 2023.
KWFT Center, 6th Floor
Masaba Road, Upper Hill
P.o. Box 24203-00100,
Nairobi, Kenya.
Tel: +254 794 582 700
Email: info@pcf.go.ke