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EFFECTS OF INSURANCE FUNCTION IN SUPPLY CHAIN RISK MANAGEMENT IN KENYA: A CASE OF KENYA REINSURANCE


Esther Nduku Kimanzi

Masters Student, Jomo Kenyatta University of Agriculture and Technology, Kenya


ABSTRACT

The increasing trend to source globally with a rise in disruptive natural catastrophes, has led to growth in business interruption and contingent business interruption. Manufacturers are increasingly being caught out by the closure of critical suppliers, a trend which has become both insurers and businesses concerned. The main thrust of this research paper is therefore to describe the effects of insurance function in managing supply chain risks in different organizations in Kenya conducted through a case study descriptive design, case study of Kenya Reinsurance Corporation Limited. The researcher will examine a sample of staff drawn from the population of 100 staff working at Kenya Reinsurance Corporation in Kenya and a sample of 30 respondents will be chosen from the total population using stratified random sampling technique. Data will be collected using a self-administered questionnaire and will be analyzed by the use of statistical packages for social science (SPSS) and Microsoft excel statistical tools. In trying to explain the relationship between different variables in the study, linear regression relationship curves will be developed to show the relationship between the independent and dependent variables. Finally a recommendation will be drawn based on the findings and the type of relationship between the different variables within the study with reference to the dependent variable, supply chain risk management.


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