List of IRDAI Registered Insurance agents in Indore
Indore ( ; ISO: Indaura, Hindi: [ɪn̪d̪ɔːr]) is the largest and most populous city in the Indian state of Madhya Pradesh. The commercial capital of the state, it has been declared as the cleanest city in India 8 years in a row. It is also considered the largest education hub in central India and houses campuses of both the Indian Institute of Technology and the Indian Institute of Management. Indore had a population of 5,560,000 (urban agglomeration) in 2025. The Indore Metropolitan Region now encompasses a total area of 9989.69 sq km covering Indore, …
You can get more details about Indore in Wikipedia link https://en.wikipedia.org/wiki/Indore
“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 expressly stated to the contrary
“Principal Officer” means - an officer in an executive role designated as such for the purpose of performing the duties and responsibilities as specified in these regulations to carry out the functions of an insurance broker and who shall be the chief executive officer or a whole-time director or managing director, managing partner or a managing trustee or such individual appointed / engaged exclusively to carry out the functions of an insurance broker
Categories of the Insurance brokers – (a) direct broker (life) (b) direct broker (general) (c) direct broker (life & general) (d) reinsurance broker (e) composite broker
“Direct Broker” means an Insurance Broker, registered by the Authority, who for a remuneration and/or a Fee, solicits and arranges insurance business for its clients with insurers located in India and/or provides claims consultancy, Risk Management services or other similar services, permitted under these regulations.
“Reinsurance Broker” means an Insurance Broker, registered by the Authority who for a remuneration and/or a Fee, solicits and arranges re-insurance for its clients with insurers and/or re-insurers located in India and/or abroad; and/or provides claims consultancy, Risk Management services or other similar services, permitted under these regulations
“Composite Broker” means an Insurance Broker, registered by the Authority who for a remuneration and/or a fee, solicits and arranges insurance and/or re-insurance for its clients with insurers and/or re-insurers located in India and/or abroad; and/or provides claims consultancy, Risk Management services or other similar services, permitted under these regulations.