Insurance Corporate Agent

Get our expert guidance to obtain a Corporate Agent License and compliances to become a corporate agent for insurance products.


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    Insurance Corporate Agent Registration & Compliances

    Corporate agents, as per the IRDAI (registration of corporate agents) Regulations, 2015, refer to entities possessing valid registration certificates from the authority. They engage in soliciting and servicing insurance business across categories such as life, general, and health for customers.

    Insurance Corporate Agents are range of entities, including companies, cooperative societies, limited liability partnerships (LLPs), non-governmental organizations (NGOs), rural banks, and microfinance lending organizations, that actively engage in the solicitation, production, or servicing of insurance products offered by life insurers, general insurers, and health insurers.

    Consult us for Insurance Corporate Agent registration or compliance guidance.


    Documents required for Corporate Agent Registration


    Eligibility Criteria for Corporate Agent Registration

    60 Minutes Strategic Planning Consultation:

    Rs. 1999/-(Now Just Rs. 999/-*)

    Click on "Book Consultation" button below to book consultation. Once you complete the booking transaction, then you will be redirected back here to schedule appointment and it will be clearly explained on that page "how you can schedule call" . 


    Insurance Corporate Agent compliances

    We offer comprehensive range of services to help businesses comply with all applicable regulations and protect their reputation.


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    Have Questions?
    Find Answers Here

    Insurance corporate Agents are entities that are authorized to solicit, produce, or service insurance business on behalf of life insurers, general insurers, and health insurers. These entities can be companies, cooperative societies, LLPs, NGOs, rural banks, or microfinance lending organizations.

    As per the IRDAI  (Insurance Regulatory Development Authority of India) regulations of 2015, the registration of Corporate Insurance agents has been made mandatory. 

    There are 4 types of Insurance Corporate Agents in India:

    1.    Corporate Agent (Life)

    2.    Corporate Agent (General)

    3.    Corporate Agent (Health)

    4.    Corporate Agent (Composite)

    The Certificate of registration for a Corporate Agent is valid for a period of three years from the date of its issue.

    As per the New Regulations, a Insurance Corporate Agent exclusively doing insurance intermediation should have a minimum share capital or contribution and net worth of Rupees Fifty Lakh and it should be maintained a net worth of Rupees Fifty Lakh at all times.
    Insurance marketing firms operate independently, allowing them to represent multiple insurance carriers and provide clients with a diverse selection of policy options. Conversely, corporate agents are bound to a single insurance company, restricting the range of policies they can offer to clients.


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