Government deregisters 20 insurance brokerage companies
The Insurance Regulatory Authority (IRA)has announced the deregistration of 20 insurance brokerage firms.
The Insurance Regulatory Authority (IRA)has announced the deregistration of 20 insurance brokerage firms.
In a statement on Friday, July 18, the IRA said the deregistration of the insurance firms is pursuant to Section 196(A) of the Insurance Act.
The authority noted that the firms ceased transacting business on June 30, 2025, and their deregistration has been published in the Kenya Gazette dated July 18, 2025.
“The Insurance Regulatory Authority (IRA) hereby notifies the public of the de-registration of twenty (20) insurance brokers pursuant to Section 196(A) of the Insurance Act (Cap. 487).
“The entities ceased transacting insurance business with effect from 30th June 2025, as published in the Kenya Gazette dated 18th July 2025,” IRA stated.
The deregistered insurance brokerage firms include African Continent Insurance Brokers Limited, Andalus Insurance Brokers Limited, Allied Insurance Brokers Limited, Alpha-Levits Insurance Brokers Limited, Arkchoice Insurance Brokers Limited, and Berkley Insurance Brokers Limited.
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Others are: Bilan Insurance Brokers Limited, Blossom Insurance Brokers Limited, Fides Insurance Brokers Limited, Harbinger Insurance Brokers Limited, Homeland Insurance Brokers Limited, Ibsa Insurance Brokers Limited, Khushal Insurance Brokers Limited, and Legacy Insurance Brokers Limited.
IRA also deregistered Masumali Meghji Insurance Brokers Limited, Nexus Insurance Brokers Limited, Online Insurance Brokers Limited, Real Alliance Insurance Brokers Limited, Solian Insurance Brokers Limited, and Swinton Insurance Brokers (K) Limited.
IRA is a statutory government agency established under the Insurance Act, CAP 487 of the Laws of Kenya, to regulate, supervise, and promote the development of the insurance industry in Kenya.
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