Insurance intermediary registration requires scrutiny of infrastructure, capital, fit and proper management, and policyholder interests before certification.

Registration applications require the prescribed form, supporting documents and fees. Consideration addresses statutory disqualifications, operational infrastructure, prior refusal or withdrawal of certification or licensing applications, capital and net worth commitments, and appointment of a qualified Principal Officer or Branch Head and personnel. Fit and proper status of relevant management and controlling persons, financial capacity of promoters or investors, and policyholder interests are assessed. Additional eligibility, information, clarifications and documents may be required, and applicants must promptly disclose matters affecting consideration.

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