IRDAI Insurance License

Carrying on insurance business in India — whether as an insurer or as an intermediary — requires registration with the Insurance Regulatory and Development Authority of India (IRDAI), under the Insurance Act and the IRDAI regulations, with stringent capital, ownership, and fit-and-proper requirements.

Insurance licensing is a specialised, sector-specific area. The firm advises on the structure, capital, and process and coordinates the application with insurance-sector specialists; it will confirm scope and what it can deliver before taking it on.

IRDAI registration support covers, including:

• Assessing the category and eligibility (insurer vs intermediary)
• Capital, ownership, and fit-and-proper requirements
• Structuring the entity for the application
• Compiling and supporting the IRDAI application
• Coordination with insurance-sector specialists

1. 01

   Assess

   Establish the category, eligibility, and capital needed.

2. 02

   Structure

   Structure and prepare the entity for the application.

3. 03

   Apply

   Compile and support the IRDAI application with specialists.

4. 04

   Registration

   Support the process through to registration.

PBT gives you an honest assessment and coordinates the specialists.

• A candid read of eligibility and capital
• Structuring and application support
• Coordination with insurance-sector specialists
• Scope and deliverables confirmed before we proceed
• Fees agreed in writing up front

• Is insurance licensing core CA work?

  It is a specialised, sector-specific area. We advise on structure, capital, and process and coordinate insurance-sector specialists; we'll confirm what we can deliver before proceeding.

• What capital does an insurer need?

  The Insurance Act prescribes substantial minimum capital for insurers, with different norms for intermediaries. We assess the requirement for your category.

• How long does it take?

  IRDAI registration is a rigorous, multi-stage process that runs over many months.