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Insurance License

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Dec 23 2022

Procedure for Appointment of an Appointed Actuary: IRDA...

The IRDAI issued a notification dated 5th December 2022 regarding the appointment of an appointed actuary with special emphasis on the eligibility, and pro...

Dec 17 2022

Procedure for Registration of Indian Insurance Companie...

The IRDAI or Insurance Regulatory & Development Authority of India, is a regulatory body that governs the insurance industry in India. It frames polici...

Oct 26 2022

Exposure Draft on IRDAI (Registration of Indian Insuran...

The IRDAI notified the Exposure Draft on IRDAI (Registration of Indian Insurance Companies) Regulations 2022 on 13th October 2022, which aims at providing...

Jul 01 2022

Requirements for General Insurance Broker License in In...

The Insurance Regulatory and Development Authority of India (IRDAI)[1] is the sole regulatory authority that grants Insurance Broker Licence in India. The...

Jun 16 2022

Role of Insurance Broker in Indian Insurance Sector...

An insurance broker represents the customer or the client before the insurance companies in order to secure the best possible deal for his/her client. The...

Mar 29 2022

Risk Management Services after obtaining Insurance Brok...

Risk management service is to assess and quantify the likelihood of financial impact of events occurring in the customer’s world that require settlement...

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Mar 29 2022

Suspension of Insurance Broker Registration by IRDAI...

Chapter V of the Insurance Regulatory and Development Authority of India (Insurance Brokers) Regulations, 2018 contains the provisions of suspension of Ins...

Mar 28 2022

Cancellation of Insurance Broker License by IRDAI

Chapter V of the Insurance Regulatory and Development Authority of India (Insurance Brokers) Regulations, 2018 contains the provisions of cancellation of I...

Mar 28 2022

What are the different categories of Insurance Brokers?...

There are a number of categories of Insurance Brokers. The categories of Insurance Brokers include Direct Brokers, Reinsurance Brokers and Composite Broker...

Mar 22 2022

Challenges in the Insurance Broking Industry

The insurance industry has been an ever-evolving industry with introduction of various insurance products. The industry figures have also indicated the pot...

Rejection of Insurance Web Aggregation Registration App...

Regulation 12 of the Insurance Regulatory and Development Authority of India (Insurance Web Aggregators) Regulations, 2017 lays down the instances where re...

Mar 16 2022

Concept of Direct Brokers in Insurance

The importance of insurance has increased significantly in the last few years, especially when the world went through the pandemic. Insurance has helped in...

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