Trouble Brews at Leading Insurance Firm as Consultant Wreaks Havoc

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Trouble is brewing at a leading insurance company associated with a senior government official.

Employees are calling on Insurance Regulatory Authority CEO Godfrey Kiptum to act before the situation gets worse.

Former employees, who spoke on condition of anonymity, say morale at the firm located along Mombasa Road has collapsed.

They accuse a consultant, hired to turn around the company, of causing widespread damage instead.

Staff Accuse Consultant of Misconduct

  • Several employees allege the consultant has been sexually harassing female staff.

  • They claim he engages in unethical practices and poor management decisions.

  • Sources say the consultant has no formal training or qualifications to run an insurance company.

“He claims to be a consultant, but he is unqualified,” said a former employee.

The consultant first joined the company in 2022 but left after a few months.
He returned in 2024 and, according to staff, has only made things worse.

Massive Staff Layoffs and Cronyism

  • The consultant has reportedly sent home 80 percent of staff across all branches.

  • Many of the fired employees have been replaced by his friends and cronies.

  • Some replacements, sources say, are not even qualified for their roles.

How can a company survive when merit is thrown out the window?

Allegations of Bribery and Sexual Harassment

  • Several top managers were fired after they refused to pay the consultant to keep their jobs.

  • Female employees who resisted his sexual advances were also dismissed.

“He made advances towards some staff, but when they rejected him, he sacked them,” said a concerned former employee.

Staff Fear Company Collapse

  • The remaining workers are demoralized and worried about their future.

  • They fear the company may not survive the ongoing crisis.

If the Insurance Regulatory Authority does not intervene soon, what will happen to the employees and clients who depend on the company?

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