Business News

PSV Insurance Sinks (Invesco Assurance Company) with Sh1.5b Clients Money

PSV Insurer Invesco Assurance Company, a firm offering covers for the Public Service Vehicle, has gone down with billions of clients’ money.

Invesco Assurance Company was placed under liquidation following a High Court decision on Insurance Petition No. E155 of 2019.

According to the Insurance Regulatory Authority Godfrey Kiptum, the company is stopped and not allowed into signing new contracts of insurance.

PSV Insurance Company Sinks.


Tambua Africa Reporter

Blogger and news writer at Tambua Africa News.

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