One of our users have a query related to the incorporation of Insurance broker LLP/Company, if anyone can give solutions to my queries will be highly grateful :
1. Whether we have to apply for the NOC of IRDA before the incorporation of CO? if yes what is the Format of the same
2. How much time it takes to get NOC and final license from IRDA
3. How much professional fee shall we charge?
irda
company
broker
insurance
incorporation
Dear Members,
The main objects of a proposed company are as under:
To carry on inside the territory of India the business of assisting its customers in obtaining insurance policies from different organizations/companies and serving on behalf of the clients as an agent in getting such insurance for two wheeler and four wheeler vehicles and also to organise, manage, promote insurance policies on behalf of various insurance companies as third parties and to sell, promote insurance policies issued by various companies as third parties.
Does the object fall under IRDA regulations? Do we have to take the approval of IRDA? Kindly share your views.
Thanks in advance.
Dear Professionals,
Pl. share the procedure for applying for in-principle approval with IRDA for incorporating insurance companies.
approvalirda
principle
Dear Members,
Please let me know about the procedure or which form is required to be filed for renewal of Insurance Company License on IRDA portal.
company
licenseinsurance
irda
renewal
What regulatory compliance are to be fulfilled by the Insurance Company holding IRDA License?
Procedure for Registration of Web Aggregator of Insurance Products under IRDA
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Who is an Approved Person (AP)?
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Can any individual/firm act as an Insurance Repository?
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