IRA Class 20 · General
Marine Insurance in Kenya
Cargo, hull and marine liability cover under IRA Class 20.
What does Marine Insurance cover?
Covers imports, exports and inland transit (cargo); shipowner hull, machinery and protection & indemnity (P&I) liability.
Who needs Marine Insurance?
Importers, exporters, freight forwarders and shipowners.
Examples of Marine Insurance policies in Kenya
- Marine cargo (ICC A/B/C)
- Inland transit
- Marine hull
Frequently asked questions
Is marine cargo insurance mandatory in Kenya?
Yes. The Insurance Act requires Kenyan importers to insure their cargo with a locally licensed insurer.
Regulation
Marine Insurance is licensed under Class 20 of the Insurance Act (Cap 487) and supervised by the Insurance Regulatory Authority (IRA). Only insurers holding a current Class 20 licence may underwrite this cover in Kenya.