The Insurance Regulatory Authority (IRA) has deregistered **20 insurance brokerage firms**, prohibiting them from conducting business in Kenya. This decision took effect on **June 30, 2023**.

• 20 brokerage firms have ceased operations.
• The action was announced by IRA Commissioner Godfrey Kiptum.
• The exact reason for deregistration was not disclosed, although common reasons include non-compliance with the Insurance Act.