IRDA Licenses

IRDA License: Insurance Brokers and Aggregators in India

The Insurance Regulatory and Development Authority of India, or the IRDAI online Portal, issues therequisite permits for insurance businesses in India. we have mentioned two of theforemost insurance entities dedicated to the sell-purchase business of Insurance policies in India-insurance Brokers and Insurance Web Aggregators.

Insurance Broker

An Insurance Broker is a business entity that implements its knowledge about the Insurance
Industry to act as an intermediary between those seeking insurance policies and those selling
them. To become an Insurance Broker, one must obtain an Insurance Broker license.

Insurance Web Aggregator

An Insurance Web Aggregator is an aggregator of Insurance policies. It is a medium to buy the
right insurance policies. It aggregates insurance policies in one place where prospects can vary
by insurance policies as per their needs. To operate as an Aggregator, one must obtain a
Certificate of Registration from the Insurance Regulatory Development Authority of India,
commonly known as the Insurance Web Aggregator License.

Learn More about : IRDA Certification