IRDAI License Support
Assistance with new IRDAI license applications, renewals, and modifications for aggregators, brokers, corporate agents, and IMFs.
Insurance Aggregators
IRDAI-Aligned CA & CS Compliance Support for Insurance Aggregators
We help insurance web aggregators, brokers, corporate agents, IMFs and POSP networks stay compliant with IRDAI regulations while managing accurate tax, GST, and financial reporting.
Overview
Insurance aggregators operate in one of the most tightly regulated segments of India's financial services industry. Whether you run an insurance web aggregator, a direct or composite broker, a corporate agency, an Insurance Marketing Firm (IMF), or a POSP/ISNP network, your business is subject to continuous IRDAI oversight — licensing conditions, periodic regulatory reporting, BQP and POSP training compliance, BAP filings, and strict documentation standards.
The financial and compliance challenges in this space go well beyond standard accounting. Aggregators must reconcile commission structures across multiple insurers, maintain audit trails for policy sourcing, track Professional Indemnity (PI) coverage, and file regulatory returns on IRDAI-mandated timelines — all while managing routine GST, TDS, and income tax obligations. A single lapse in filing or documentation can put a license renewal or ISNP registration at risk.
Super Crrew works with insurance intermediaries to bring CA and CS expertise together with practical, sector-specific knowledge of IRDAI requirements. We handle licensing support, ongoing compliance reviews, statutory filings, and financial reporting as one coordinated engagement, so aggregators can focus on distribution and growth while we manage the regulatory groundwork.
Who We Serve
Insurance Web Aggregators
Direct Insurance Brokers
Composite Brokers
Corporate Agents
Insurance Marketing Firms (IMFs)
POSP Networks
ISNP / E-commerce Insurance Platforms
Services Offered
Practical Support for Every Compliance Need
ISNP Licensing
End-to-end support for obtaining and maintaining Insurance Self-Network Platform (ISNP) registration, including documentation and compliance requirements.
Ongoing Compliance Review
Periodic review of your entity's regulatory standing, licensing conditions, and reporting obligations to identify gaps before they become compliance issues.
BQP / POSP Compliance
Support in tracking and maintaining Basic Qualification Programme (BQP) and POSP training and certification requirements for your sales workforce.
BAP Filings
Preparation and submission of Business Activity Plan (BAP) filings and related regulatory submissions within IRDAI timelines.
PI Policy Advisory
Guidance on Professional Indemnity insurance requirements, coverage adequacy, and renewal timelines as mandated for brokers and intermediaries.
Regulatory Reporting
Preparation and filing of periodic IRDAI returns and disclosures, keeping your entity's regulatory reporting accurate and on schedule.
GST & Tax Compliance
GST registration, return filing, and income tax compliance tailored to commission-based revenue models common among insurance intermediaries.
Accounting & Commission Reconciliation
Bookkeeping and reconciliation support for multi-insurer commission structures, ensuring accurate financial records for audit and reporting purposes.
Statutory Audit & Documentation Support
Coordination and documentation support for statutory and internal audits, keeping records aligned with IRDAI and company law requirements.
Process
A Clear Way to Get Compliance Work Done
1
Consultatio
We understand your business model — aggregator, broker, IMF or POSP network — and your current licensing and compliance status.
2
Requirement & Compliance Review
We assess applicable IRDAI requirements, pending filings, and gaps in licensing, documentation, or reporting.
3
Documentation & Data Collection
We gather the financial records, commission data, and regulatory documents needed for filings and compliance submissions.
4
Filing, Accounting & Advisory Execution
We prepare and submit regulatory filings, manage accounting and tax compliance, and advise on licensing or documentation matters.
5
Ongoing Support
We track renewal dates, reporting deadlines, and regulatory updates, staying available for advisory as your business scales.
10+
Insurance Intermediary Clients Supported
100%
On-Time Regulatory Filing Track Record
8+
Years of CA & CS Advisory Experience
Why Choose Us
Built for Accuracy, Timeliness, and Clarity
Combined CA + CS Expertise
One team handles both your financial compliance and company secretarial obligations, avoiding gaps between disconnected service providers.
Practical Knowledge of Insurance Aggregators
We understand IRDAI's regulatory framework and the operational realities of brokers, IMFs, and POSP networks, not just generic compliance rules.
Timely Filing
We track licensing renewals, BAP filings, and regulatory reporting deadlines proactively, so your entity never falls out of compliance.
Accurate Documentation
Every filing and regulatory submission is backed by organized, audit-ready documentation that stands up to IRDAI scrutiny.
Compliance Risk Reduction
We identify and address compliance gaps before they turn into penalties, license issues, or renewal delays.
Long-Term Advisory Partnership
As your distribution network or license scope grows, we adapt our support to match your evolving regulatory and financial needs.
FAQs
Clear Answers Before You Begin
Quick guidance on scope, timelines, documents, and how Super Crrew supports your industry-specific compliance needs.
Need a Specific Answer?
Share your business context and we will map the next practical steps for you.
Ask an Expert01What documents are required to obtain an IRDAI license as an aggregator or broker?
Requirements typically include incorporation documents, net worth certificates, infrastructure and manpower details, PI policy proof, and promoter/director background documentation. Exact requirements vary by license category, and we help identify and prepare what applies to your entity.
02How long does IRDAI licensing or renewal typically take?
Timelines depend on the license type and completeness of documentation, and can range from a few weeks to a few months. We help streamline the process by ensuring your application is complete and compliant from the outset.
03What ongoing compliance is required after getting an IRDAI license?
Licensed entities must maintain BQP/POSP training records, file periodic regulatory returns, renew PI policies, submit BAP filings, and meet reporting obligations on IRDAI's schedule, in addition to standard tax and company law compliance.
04How is GST applied to insurance aggregator commissions?
Commission income from insurers is generally subject to GST, and treatment can vary based on your entity structure and agreements with insurance companies. We review your commission arrangements to apply the correct GST treatment and filing approach.
05Do insurance aggregators need a statutory audit?
Statutory audit applicability depends on your entity type and turnover, similar to other companies under the Companies Act. Many intermediaries also require additional documentation for IRDAI compliance audits, which we help coordinate.
06What ongoing support does Super Crrew provide after onboarding?
We provide continuous tracking of licensing renewals, regulatory filing deadlines, accounting, and tax compliance, along with advisory support whenever your business needs guidance on a compliance or regulatory matter.
07What factors affect the cost of compliance support for insurance aggregators?
Costs depend on your license category, transaction volume, number of regulatory filings required, and the scope of ongoing support needed. We provide a clear quote after reviewing your business during the initial consultation.
Ready to Move Forward?
Need IRDAI-Aligned Compliance Support for Your Insurance Business?
Whether it's licensing, regulatory filings, tax, or ongoing compliance, our CA & CS team at Super Crrew can support your insurance aggregator business end-to-end. Book a free consultation to get started.