Insurance web aggregator compliance requires transparent website disclosures, controlled lead management, telemarketing registration, and prior approval for key operational changes. Insurance Web Aggregators must display registration, insurer arrangements, product information, and visitor-data sharing disclosures on their websites. ... Summary
International Financial Services Centres Authority Act, 2019
Insurance web aggregator compliance requires transparent website disclosures, controlled lead management, telemarketing registration, and prior approval for key operational changes.
Insurance Web Aggregators must display registration, insurer arrangements, product information, and visitor-data sharing disclosures on their websites. They require permission to promote third-party offerings or allow third parties to divert clients to their website, must register for telemarketing where applicable, and must operate an effective Lead Management System. They must maintain insurer-agreement records, comply with applicable legal and regulatory requirements, accept only prescribed remuneration, and obtain prior regulatory approval for specified changes in management, ownership structure, office details, core service providers, and server location.
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