Insurance Web Aggregator Remuneration is permitted only for converted policy leads, product display fees, and outsourced insurance services. Remuneration payable by an insurer to an Insurance Web Aggregator must follow the mode and manner specified by the Authority. No charges may be paid ... Summary
Insurance Web Aggregator Remuneration is permitted only for converted policy leads, product display fees, and outsourced insurance services.
Remuneration payable by an insurer to an Insurance Web Aggregator must follow the mode and manner specified by the Authority. No charges may be paid merely for transmitting leads. Remuneration may be earned where leads result in insurance-policy sales, and an IWA may receive mutually agreed product-display fees subject to any prescribed overall ceiling. Mutually agreed service charges may also be paid under service agreements for Insurance Outsourcing functions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.