Step-by-Step Process: IRDAI Certification for Insurance Brokers in India (2025 Guide)

Getting certified as an insurance broker in India isn’t just a formality — it’s the foundation of your business.

The IRDAI (Insurance Regulatory and Development Authority of India) regulates and certifies all insurance intermediaries to ensure professionalism, transparency, and client trust.

If you’re planning to start or upgrade your broking business in 2025, here’s a simple breakdown of the certification process — and how you can get it right the first time.

1. Understand the IRDAI Certification Requirement

Every insurance broker in India must hold a valid IRDAI certificate of registration.
This certificate authorizes you to act as a direct, reinsurance, or composite broker under Indian law.

Without it, you cannot legally solicit or negotiate insurance business.

2. Choose Your Broker Type

IRDAI recognizes three categories:

• Direct Broker: Deals with life, general, or health insurance.

• Reinsurance Broker: Handles reinsurance contracts.

• Composite Broker: Handles both direct and reinsurance.

Choose wisely — your capital, team, and documentation will depend on this type.

3. Meet the Eligibility Criteria

To qualify for IRDAI certification, you’ll need:

• Registered company under the Companies Act

• Qualified principal officer with approved training and exam clearance

• Minimum capital requirement (₹75 lakh for direct, ₹4 crore for reinsurance, ₹5 crore for composite brokers)

• Fit and proper directors with no legal or financial disqualifications

4. Complete the IRDAI Broker Training

IRDAI mandates training through recognized institutions.
The principal officer must complete 50–100 hours of approved training depending on broker type.

After training, you’ll need to pass the IRDAI examination conducted by the National Insurance Academy (NIA), Pune.

5. Prepare the Required Documents

Here’s what you’ll need for certification:

• Company incorporation certificate

• MOA & AOA

• Board resolution

• Principal officer qualification & training certificates

• Fit and proper declarations

• Business plan (3 years)

• Infrastructure proof and financial statements

A small mistake in documentation can cause big delays — this is where experts like HeliosGlobal help you stay compliant.

6. Apply for Registration with IRDAI

Submit your application using Form B and pay the prescribed non-refundable application fee.
IRDAI will review your submission, verify documents, and may request additional clarifications.

Once satisfied, the authority issues a Certificate of Registration (Form J) — your official IRDAI license.

7. Post-Certification Compliance

Getting certified isn’t the end.
You’ll need to:

• Renew your license every three years

• Maintain professional indemnity insurance

• File periodic returns and compliance reports

• Follow all IRDAI circulars and code of conduct

How HeliosGlobal Simplifies the Process

At HeliosGlobal, we help new and existing brokers:

• Complete IRDAI registration from start to finish

• Prepare and vet all compliance documents

• Manage renewals, audits, and post-licensing support

• Stay updated with every IRDAI regulation change

Our team has deep expertise in insurance licensing, compliance, and certification consulting — ensuring your registration is smooth, fast, and error-free.

Final Takeaway

The IRDAI certification process can look complicated — but with the right guidance, it’s completely manageable.

In 2025, success in insurance broking starts with trust, transparency, and compliance — and that begins with your IRDAI certification.

Let HeliosGlobal help you get there.