Insurance web aggregator registration follows in-principle approval, compliance verification, deficiency rectification, and defined certificate validity and business commencement deadlines.

Registration of an Insurance Web Aggregator proceeds through in-principle approval followed by satisfaction of minimum capital infusion, principal officer training, professional indemnity policy, and other prescribed requirements. Following compliance with applicable legal requirements, a Certificate of Registration may be issued for the approved category. Deficiencies must be communicated in writing and may be rectified within the stipulated period; refusal requires written reasons and an opportunity for written submissions.

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