Trouble is escalating at a prominent insurance firm linked to a senior government official, prompting employees to urge Insurance Regulatory Authority CEO Godfrey Kiptum to take action before the situation deteriorates further.
Former staff members, speaking anonymously, report a significant decline in morale at the company situated along Mombasa Road, attributing the turmoil to a consultant hired for a turnaround who has instead inflicted considerable damage.
Allegations against this consultant include sexual harassment of female employees and unethical management practices, with claims that he lacks the necessary qualifications to oversee an insurance company.
Since his return in 2024, after a brief departure in 2022, the consultant has reportedly laid off 80 percent of the workforce, replacing many with unqualified friends and associates, raising concerns about the company’s viability.
Additionally, several top managers were dismissed for refusing to pay the consultant to retain their positions, while female employees who rejected his advances faced similar fates.
The remaining staff are left feeling demoralized and anxious about the company’s future, fearing that without timely intervention from the Insurance Regulatory Authority, both employees and clients may suffer dire consequences.
