Application for Grant of Certificate of Registration: The applicant should make an application regarding the type of insurance broker business. The application for an Insurance Broker License must be made…
Eligibility Criteria : The Government has prescribed minimum requirements for securing an Insurance broker license as mentioned below. Apart from this, the broker has to ensure to get registered with…
Functions of a direct broker — The functions of a direct broker shall include the following: Obtaining detailed information of the client's business and risk management philosophy; Familiarizing himself…
“Insurance Broker" means a person who is a direct broker, a reinsurance broker or a composite broker for the time being registered by the Authority, as the case may be, unless…