List of IRDAI Registered Insurance agents in Telangana
Telangana is a state in southern India on the Deccan Plateau bordering Maharashtra and Chhattisgarh to the north and Andhra Pradesh and Karnataka to the south. It is the eleventh largest and the twelfth most populated state of India. According to the Rigveda's Aitareya Brahmana, the region corresponding to Telangana has been inhabited by the Andhras since at least the 9th century BCE with the later Satavahana dynasty, who ruled over the entire Deccan Plateau, establishing trade relations as far as the Roman Empire. Subsequent major dynasties include the Vishnukundinas, Eastern Chalukyas, Kakatiyas, the Vijayanagara Empire, and Qutb …
You can get more details about Telangana in Wikipedia link https://en.wikipedia.org/wiki/Telangana
“Insurance Broker” means a person who is a direct broker, a reinsurance broker or a composite broker for the time being registered by the Authority, as the case may be, unless expressly stated to the contrary
“Principal Officer” means - an officer in an executive role designated as such for the purpose of performing the duties and responsibilities as specified in these regulations to carry out the functions of an insurance broker and who shall be the chief executive officer or a whole-time director or managing director, managing partner or a managing trustee or such individual appointed / engaged exclusively to carry out the functions of an insurance broker
Categories of the Insurance brokers – (a) direct broker (life) (b) direct broker (general) (c) direct broker (life & general) (d) reinsurance broker (e) composite broker
“Direct Broker” means an Insurance Broker, registered by the Authority, who for a remuneration and/or a Fee, solicits and arranges insurance business for its clients with insurers located in India and/or provides claims consultancy, Risk Management services or other similar services, permitted under these regulations.
“Reinsurance Broker” means an Insurance Broker, registered by the Authority who for a remuneration and/or a Fee, solicits and arranges re-insurance for its clients with insurers and/or re-insurers located in India and/or abroad; and/or provides claims consultancy, Risk Management services or other similar services, permitted under these regulations
“Composite Broker” means an Insurance Broker, registered by the Authority who for a remuneration and/or a fee, solicits and arranges insurance and/or re-insurance for its clients with insurers and/or re-insurers located in India and/or abroad; and/or provides claims consultancy, Risk Management services or other similar services, permitted under these regulations.