Invesco owners face fraud challenge

Mr Geoffrey Njenga, the Managing Director of Invesco Insurance Company, gestures as he briefs the media on the newly reopened company Tuesday. On the right is Mr Simon Kimutai, the chairman of the Public Transport Investment Company. Liz Muthoni

The new owners of Invesco Assurance are starting to come to terms with the task ahead in curbing insurance fraud which has been blamed for the collapse of several insurance companies in the recent past.

The Matatu Owners Association which gave Invesco a new lease of life after it was placed under receivership in July, 2007 is banking on loyalty and business from its 5,000 members as checks against fraud.

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