The concept of Insurance Broker is practiced all over the world

As a part of development of Insurance services to the  international standards, the establishment of broker has been introduced by IRDA, after amendment of Insurance Act in India

An Insurance Broker is an Independent Intermediary, representing the policyholders and their interests, whereas an Insurance agent represents the Insurance Company only

The main criteria for issuance of broker’s  license by the said Authority are proven competence and professionalism with the sole object of promoting the interest of Policy holders

All the Insurance Companies both public and private sectors operating in India are too pleased to accept the Insurance Broking Services as value addition to their Customer Service