The Insurance Regulatory Authority (IRA) is the Government agency mandated with regulating, supervising and developing the insurance industry in Kenya.
As part of its developmental agenda, Authority has partnered with the College of Insurance to train, examine and issue certificates in the Executive Certificate of Proficiency (ECOP) in Insurance.
The College of Insurance is a public training institution in Kenya with the mandate to carry out training and certification in professional insurance programs.
Objective of the ECOP program
The ECOP program is intended to impart knowledge of insurance to Kenyans at the Counties and enable them earn income through selling insurance. It also aims to encourage them to buy insurance to meet their own needs.
The program targets to train one hundred (100) residents of the county in which the program in being held in and issue them with Certificate of Proficiency (ECOP) in Insurance. The target group includes, but not limited to, school leavers, community leaders, persons involved in other trades and professions, women group leaders, small traders, leaders of local organizations, and religious leaders who are residents of the county
Benefits of the training to trainees
The training offers many benefits to the trainee. These include:
1. A recognized certificate that will enable one to obtain employment.
2. An additional source of income for those already engaged in other trades.
3. Increased knowledge and understanding of insurance.
4. An opportunity to meet other Kenyans and share experiences.
5. Become an insurance professional.
The ECOP training and examination is fully sponsored by IRA.
The course is open to residents of the county who are holders of at least KCSE certificate, over 18 years of age, literate and able to communicate in English and Kiswahili.
The training will be held for two weeks as follows:
Week 1: Essentials of insurance
Week 2: Introduction to insurance practice
Trainees will be examined at the end of each week.
The course will cover life and general insurance including selling skills, micro-insurance, communication, agriculture insurance and takaful (Islamic) insurance.
Graduation & Certification
Successful trainees will be issued with a ECOP Certificate during the graduation ceremony.
The training is fully sponsored by IRA. However, Trainees will be required to pay a fee of Kes.1000 to enable the Authority to licence them as an insurance agent upon successful completion of the training.
Trainees will be advised on how to apply for registration and pay licence in order to operate as an insurance agent.
Those admitted to the program will be notified through their mobile telephone numbers.
All candidates must follow the application steps where they provide their details and select units. An invoice will be sent to the email address of the applicant with payment instructions.