What is Insurance Broker? | How Insurance Broker is different from Insurance Agent? |Types |Process

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#InsuranceBroker is an expert who specialises in insurance and risk management. Insurance Brokers act on behalf of their customers and advise them on matters related to #InsurancePolicies.

In this video, Ms. Soniya Khanna (Managing Editor - Legal) is discussing the concept of #InsuranceBrokerBusinessinIndia. She has covered following points:

1. An overview of Insurance Broker
2. How Insurance Broker is different from #InsuranceAgent?
3. Types of Insurance Broker
4. #CapitalRequirement
5. Net Worth requirement
6. Deposit Requirement
7. Registration Process
8. Other Mandatory Requirements



For official document, you may refer - Insurance Broker Regulations, 2018

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