Multi Brand Insurance AGency Business -
Insurance Web Aggregator License : Like Policybazaar . Net worth requirement: ₹25 Lakhs. [ 1 , 2 , 3 ] Direct/Composite Insurance Broker License : This allows you to sell products of all insurance companies and handle corporate group health/term plans. Net worth requirement: ₹75 Lakhs for Direct, ₹2.5 Crores for Composite. [ 1 , 2 , 3 , 4 ] Corporate Agency License : Easier to get, but limits you to partnering with a maximum of 9 life, 9 general, and 9 health insurers. Net worth requirement: Usually nominal, but fits entities where insurance is a secondary business (like banks or tech platforms) https://www.compliancecalendar.in/learn/irdai-registered-insurance-brokers-in-india Route A: Become a POSP (Point of Sales Person) https://www.pbpartners.com/ Mintpro , or GroMo White-Label Tech Partnership (For Tech Platforms) integrate an Insurance APIs infrastructure provider (like Zopper or Riskcovry ). They embed the insurance comparison journey directly inside your a...