Most consumers don’t realise how insurance agents are compensated, which can help explain why certain products are often ...

Kenya’s insurance market had 14,648 agents at end of December 2023, marking a 63.6 percent increase from 8,955 in 2018. Insurance agents are either considered captive agents or independent. In Kenya, ...

IRDAI data shows sharp rise in payouts in both life and non-life segments, driven by new business Agent commissions rose sharply across India’s insurance industry in 2024-25, growing significantly ...

, Dec. 31 -- In a landmark move to reform the insurance sector, the Insurance Development and Regulatory Authority (IDRA) has suspended the licenses of all individual agents in the non-life insurance ...

Agent commissions remain central because insurance products are complex and trust-driven, especially outside metros. The “neighbourhood uncle” thrives on familiarity and accessibility, particularly ...