Insurance intermediary registration requires category-specific eligibility, valid prior licensing, jurisdictional compliance, and permitted legal forms in IFSCs.

Registration as an insurance intermediary in an IFSC covers insurance distributors and insurance claim service providers. Domestic and overseas intermediaries seeking an unincorporated branch must hold active relevant registration, have experience in the relevant category, and obtain the required no-objection certificate. Overseas applicants must also satisfy FATF-compliant jurisdiction and Double Taxation Avoidance Agreement-linked regulatory environment conditions. Other eligible entities must meet prescribed minimum net worth or paid-up equity capital requirements, with permitted legal forms varying by intermediary category.

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