Insurance Web Aggregator registration requires exclusive business focus, qualified verification, fit-and-proper management, financial capability, and continuing compliance. Registration as an Insurance Web Aggregator requires constitutional documents identifying web aggregation of insurance products as a main object, ... Summary
Insurance Web Aggregator registration requires exclusive business focus, qualified verification, fit-and-proper management, financial capability, and continuing compliance.
Registration as an Insurance Web Aggregator requires constitutional documents identifying web aggregation of insurance products as a main object, exclusive engagement in web aggregation or insurance broking, qualified authorised verification, and adequate operational and IT infrastructure. Eligibility also requires fit-and-proper management, financially sound investors from FATF-compliant jurisdictions, compliance with prescribed obligations and conduct standards, and undertakings on referral arrangements, conflicts of interest, Indian server hosting, capital and net worth, personnel and continuing compliance.
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