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Insurance Web Aggregator Registration (IRDAI)

An Insurance Web Aggregator is a company licensed by IRDAI to operate online portals that aggregate and compare insurance products from multiple insurers. It requires a minimum net worth of Rs. 25 lakh and is governed by IRDAI Web Aggregator Regulations, 2017.

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Reviewed byInsurance and regulatory compliance expertUpdated May 5 2026, 02:30 PM
Professional Fees
Loading...+ IRDAI Application Fees
Estimated Time
45-90Working Days
Company registration as per IRDAI requirements
IT infrastructure and portal compliance advisory
IRDAI Form VA-1 application filing
Principal Officer and Designated Director compliance
Ongoing IRDAI annual reporting advisory
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Insurance Web Aggregator Registration Overview

An Insurance Web Aggregator is a company licensed by IRDAI to operate online portals that aggregate and compare insurance products from multiple insurers. It requires a minimum net worth of Rs. 25 lakh and is governed by IRDAI Web Aggregator Regulations, 2017.

Our team helps with eligibility checks, document collection, application preparation, filing, and follow-up support so the process stays clear from start to finish.

Eligibility & Requirements

Must be a registered company or LLP in India.
Minimum paid-up capital of Rs. 25 Lakhs.
The Principal Officer must possess the required educational qualifications and complete IRDAI training.
Net worth must be maintained at Rs. 25 Lakhs at all times.

Types and Coverage

1

Web Aggregator License

Permits the entity to maintain a website compiling and comparing insurance products of multiple insurers.

Benefits

1

Large Market Access

Aggregate products from all major life, health, and general insurers.

2

Lead Generation

Earn commissions and referral fees from insurer partnerships.

3

Regulatory Clarity

IRDAI registration provides a clear legal framework for operations.

4

Consumer Trust

IRDAI-licensed aggregators are trusted by consumers and insurers alike.

Fees

Professional fee starts atLoading...
Government fees+ IRDAI Application Fees

Timeline

Estimated completion45-90 Working Days

Documents Required

  • Certificate of Incorporation of the company
  • Memorandum and Articles of Association
  • PAN Card of the company
  • Net worth certificate (minimum Rs. 25 lakh) certified by CA
  • Audited financial statements (last 3 years if available)
  • Infrastructure plan for the web aggregation platform
  • IT Security audit report
  • Principal Officer details (qualification, experience, background check)
  • Board resolution for the application
  • Shareholding pattern and corporate structure details

Process

Step 1

Company Incorporation

Step 2

Infrastructure Setup

Step 3

Prepare IRDAI Application (VA-1)

Step 4

Submit to IRDAI

Step 5

IRDAI Scrutiny and Queries

Step 6

In-Principle Approval

Step 7

Final License Issuance

Step 8

Operational Compliance

Why Veagle Space?

Verified
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Timelines
Transparent
Pricing
Document-led
Process

Frequently Asked Questions

Can a Web Aggregator sell insurance directly?

They primarily generate leads and provide comparisons, but can facilitate the sale process digitally on behalf of insurers.

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