 "Irdai, insurers, brokers, GIC")
The Insurance Regulatory and Development Authority of India (Irdai) made it clear that the remuneration made to the insurance web aggregators will be in line with what is listed for insurance intermediaries.
Irdai was clarifying on the queries of the insurance companies on outsourcing activities undertaken by insurance web aggregators and remuneration payable to them.
In a circular in 2017, Irdai included the web aggregators in the category of insurance intermediaries.
The job of an insurance web aggregator is to provide information on insurance policies of various companies on their website.
Renumeration will be paid to the aggrregators only in case of a lead
