moving_ministryUnder Statutory Management
Due to significant financial challenges, Blue Shield Insurance Company Ltd was placed under statutory management. From January 1, 2011, to December 31, 2013, Mr. Eliud Muchoki Muriithi served as the first statutory manager, working diligently to address the company’s financial issues. Following his tenure, the Policyholders Compensation Fund (PCF) took over management from July 4, 2014, to June 26, 2024. Despite their best efforts to stabilize and revive the company, the financial difficulties proved too great to overcome. Their efforts, however, were crucial in managing the company’s affairs during that turbulent period, ensuring that all possible measures were taken to try and save the company.