Insurance web aggregator renewal compliance requires certified disclosures, trained personnel, and undertakings on governance, capital, and conduct. Renewal applications by insurance web aggregators require a self-certified undertaking, changed website and website-content responsibility details, and ... Summary
International Financial Services Centres Authority (Insurance Web Aggregator) Regulations, 2022
Insurance web aggregator renewal compliance requires certified disclosures, trained personnel, and undertakings on governance, capital, and conduct.
Renewal applications by insurance web aggregators require a self-certified undertaking, changed website and website-content responsibility details, and renewal training certificates for the Principal Officer and Authorised Verifiers. The undertaking confirms regulatory standing, code-of-conduct compliance, exclusive engagement of the Principal Officer, adherence to stated business objects, prohibition of rebates, preservation of minimum capital, compliance with prescribed duties, truthfulness of declarations, and continuing regulatory compliance. All submitted copies must be attested by the Principal Officer.
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