Insurance Web Aggregator License

Package Inclusion :

  • Company registration
  • Business plan
  • Advisory on Application for Operation
  • End to End Follow-up 
  • Advisory on Work Flow and SOP 

Insurance Web Aggregator License

Who is an Insurance Web Aggregator?

The web aggregator is the Insurance Intermediary maintaining a website which provides interface to the Insurance prospects for price comparison and information of products of different insurers and other related matters.

The activities of the IRDA (Web Aggregators) are governed by Insurance Regulatory and Development Authority of India (Insurance Web Aggregators) Regulations, 2017.

Eligibility criteria for certificate of registration of the Insurance Web Aggregator:

Application for the grant of registration as Web Aggregator:

Capital Requirements

Net Worth Requirements

Process for the grant of Registration

Validity of the Certificate of Registration

 The certificate shall be valid for a period of three years from the date of issue unless the same is canceled or been suspended.

Rejection of application for registration

The application seeking the grant of registration as Insurance web aggregators shall be rejected by the Authority on the following grounds:

Renewal of the registration

Scope of Activities of an insurance web aggregator

 The insurance web aggregator, holding a valid certificate of registration, shall be carrying one or more of the following activities:

Remuneration earned by insurance web aggregator

At Enterslice, we can help you out with the end to end proceedings for the registration. We have developed system, process, and software for various regulatory matters.

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