Corporate Insurance Agent License
Corporate Insurance Agent License guarantees compliance with professional standards regarding ethical, legal, and consumer laws. The licensed companies must be fulfilling record keeping maintenance associated with ongoing renewal and other compliance obligations. The license adds trust of the corporation, broadens the target market, and makes possible alliances with several insurance companies. In India, the Insurance Regulatory and Development Authority of India (Insurance Brokers) Regulations, 2018 governs the issuance of such licenses. Corporate Insurance Agent License is necessary for all business entities that intend to transact in the insurance distribution industry in a professional manner.