Description

Insurance Corporate Agent License

An Insurance Corporate Agent License, issued by the Insurance Regulatory and Development Authority of India (IRDAI), authorizes a company or organization to act as a corporate agent for one or more insurers, selling life, general, or health insurance products. This license enables businesses to offer a wide range of insurance solutions under a regulated framework, ensuring credibility and compliance. Our Insurance Corporate Agent License service provides end-to-end support for obtaining IRDAI approval quickly and efficiently.

Service Highlights

Eligibility & Structure Advisory:

• Guidance on IRDAI eligibility norms, net worth requirements, and infrastructure setup.

• Advisory on permissible business models and scope of operations.

Documentation Support:

• Preparation of the IRDAI application and annexures.

• Assistance in drafting internal policies, compliance manuals, and agreements with insurers.

Application Filing & Liaison:

• Step-by-step support in filing applications with IRDAI.

• Coordination with IRDAI officials to address queries and expedite approval.

Compliance & Training Advisory:

• Guidance on appointing a Principal Officer and mandatory training requirements.

• Advisory on annual compliance filings, record maintenance, and reporting obligations.

What You Will Receive

Initial Consultation:

• Understanding your company’s objectives, market focus, and operational readiness.

• Detailed roadmap for license application and regulatory compliance.

Application Preparation & Submission:

• Drafting and verifying all required forms and declarations.

• Filing the application with IRDAI and tracking progress until approval.

Post-License Support:

• Assistance in insurer tie-ups and product portfolio setup.

• Guidance on compliance monitoring and periodic audits.

Why Choose Our Insurance Corporate Agent License Service?

• Expertise in IRDAI Regulations: Strong knowledge of licensing norms and compliance standards.

• Faster Processing: Minimized delays through precise documentation and follow-ups.

• End-to-End Assistance: From eligibility evaluation to operational launch.

• Proven Experience: Trusted by corporates and financial institutions nationwide.

Expand your business into the insurance sector with confidence.
With our Insurance Corporate Agent License service, your organization can sell multiple insurance products legally, enhance market credibility, and diversify revenue streams. Contact us today to begin your IRDAI licensing process.