Web Aggregators
What’s New
24-07-2020
New
29-05-2024
New
11-06-2024
New
14-09-2023
New
03-05-2023
New
23-02-2024
New
02-08-2024
New
19-10-2023
New
24-04-2023
New
31-10-2023
New
07-04-2017
New
22-05-2024
New
17-05-2024
New
19-06-2024
New
30-06-2023
New
15-05-2024
New
30-03-2015
New
01-05-2007
New
26-03-2021
New
17-06-2023
New
17-06-2023
New
29-05-2024
New
11-06-2024
New
14-09-2023
New
02-08-2024
New
19-10-2023
New
24-04-2023
New
22-05-2024
New
17-05-2024
New
19-06-2024
New
07-04-2017
New
FAQs
Who is Insurance Web Aggregator?
Insurance Web Aggregator is an insurance intermediary who maintains a website for providing interface to the insurance prospects for price comparison and information of products of different insurers and other related matters.
Is there any regulation for Insurance Web Aggregators?
Yes. IRDAI (Insurance Web Aggregators) Regulations, 2017 notified by the Authority with effect from 13th April 2017 is the regulations to supervise and monitor Web Aggregators.
What is NOC and how do I get NOC?
No objection certificate is a certificate issued to the Insurance Web Aggregator applicant by the Authority on request. This certificate can be used by the Insurance Web Aggregator to register the proposed Web Aggregator firm name with Registrar of Companies(RoC). The Insurance Web Aggregator applicant shall apply with the authority for NOC along with the following minimum documents. The proposed name(s) of the firm Address proof, Pan Card and name of the proposed directors
How to apply for Certification of Registration (COR) with IRDAI?
An applicant desiring to get COR to act as an Insurance Web Aggregator shall follow the following procedure. a. To familiarize with the IRDAI (Insurance Web Aggregators) Regulations, 2017. b. To submit the application to the Authority in Form A. c. Remit the non-refundable application fee of Ten Thousand rupees paid by way of Demand Draft drawn infavour of ‘Insurance Regulatory and Development Authority of India’ payable at Hyderabad or by recognized electronic fund transfer to IRDAI. d. Submit all the necessary documents/declarations as mentioned in form B and regulations.
What happens if the application is incomplete?
An application, submitted by the Applicant that is not complete in all respects and/or not conforming to the instructions specified in application form and/or not complying with the requirements and/or directions of the Authority, may be rejected. Provided that, before rejecting any such application, the Applicant shall be given a reasonable opportunity to complete the application in all respects and rectify the errors, if any.