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Kenya Reinsurance corporation launches Re-training academy bolster insurance industry

Phidel Kizito October 24, 2023 1 min read
images - 2023-10-24T153559.498

NAIROBI, Kenya, October 24-The Kenya Reinsurance Corporation (Kenya Re) has launched its Kenya Re Training Academy  that seeks to  enhance technical development and overall industry capacity in Kenya and the wider East African market.

 The launch, according to the reinsurer, is in keeping with the goals it had when it was created.

The academy will offer free training led by knowledgeable instructors with a focus on reinsurance and direct insurance products available on the market The Company’s Managing Director Hillary Maina has observed that training is key in bringing new skills in the sector in the wake of new developments.

“Continuous training is essential for the sustainable growth and development of players across the industry. The Academy is a key initiative in bridging some of the skills gap in the sector,” he said.

 Kenya Re observes that the reinsurance sector has witnessed the emergence of younger work force without adequate experience and knowledge thus the need for scaled up training.

The initiative it hopes will seal the knowledge gap on resolution of newer issues such as cyber security, climate change, data analytics and compliance to legal and regulatory requirements.

Tags: Insurance Kenya Re

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