niko insurance t limited vs hussein athuman mwaifyusi another 2021 tzca 465 6 september 2021
The broker, by issuing the policy and collecting premium on behalf of the insurer, acted as the insurer's agent. Payment of premium to the broker constituted payment to the insurer, making the policy valid. The insurer was liable to indemnify the insured, and the awards of special and general damages were justified and not excessive.
Source excerpt
- Insurance agency and brokerage
- Premium payment and policy validity
- Damages assessment
- Agency by conduct
- Burden of proof