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Home / Insurance — IRDAI / IRDAI Annual Compliance
Last updated: 2 October 2026
Brokers, corporate agents, IMFs and web aggregators have recurring IRDAI obligations — returns, audited accounts, net worth, indemnity cover and people certification. Expertvuw’s team runs your compliance calendar, including the move to perpetual registration and annual fees from 2026.
The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025 introduced one-time (perpetual) registration for insurance intermediaries, and the IRDAI (Insurance Intermediaries) (Amendment) Regulations, 2026, notified on 30 July 2026, put it into effect for corporate agents, brokers, IMFs, web aggregators and common public service centre entities. Instead of renewing every three years, intermediaries pay an annual fee — for many, the higher of ₹10,000 or 0.04% of remuneration.
Existing intermediaries must obtain new certificates within the timeline set by IRDAI (31 January 2027, with a late fee window after that). From 1 January 2027, each policy must be tagged to the individual who sold it. The amendment also made professional indemnity insurance mandatory for eligible corporate agents and introduced an NOC process when designated persons move between intermediaries.
Ongoing obligations continue: audited accounts and annual returns, net worth and auditor certificates, business and remuneration statements, grievance reports, training and certification of sales staff, and changes in directors, shareholding or Principal Officer reported as prescribed. TPAs and surveyors remain on renewal cycles for now.
Basis: Insurance Act, 1938 as amended in 2025; IRDAI (Insurance Intermediaries) (Amendment) Regulations, 2026; IRDAI regulations for brokers (2018), corporate agents (2015), IMFs (2015) and web aggregators (2017); IRDAI circulars. Last updated: 27 September 2026.
Now applies to corporate agents, brokers, IMFs and web aggregators.
For many intermediaries, the higher of ₹10,000 or 0.04% of remuneration.
Existing intermediaries must obtain new certificates by 31 January 2027.
From 1 January 2027, each policy is tagged to the individual seller.
Mandatory for brokers and eligible corporate agents.
Remain on renewal cycles for now.
Most IRDAI observations relate to records and timelines.
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Annual compliance connects with these services.
Broker registration.
Corporate agent registration.
IMF registration.
Web aggregator registration.
More in this section: Insurance Company Registration in India · ISNP Approval from IRDAI · Surveyor and Loss Assessor Licence · TPA Licence from IRDAI
Check current registration and filings.
Apply for the new perpetual certificate.
Set the annual compliance calendar.
Prepare and file returns and statements.
Track net worth, indemnity and certifications.
Report changes to IRDAI on time.
Key dates to track.
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Share your query and our team will reply during business hours.
No. Corporate agents, brokers, IMFs and web aggregators moved to perpetual registration with an annual fee under the 2026 amendment.
For many intermediaries, the higher of ₹10,000 or 0.04% of remuneration, as prescribed.
By 31 January 2027, with a late fee window after that.
From 1 January 2027, each policy must be tagged to the individual who sold it.
Not yet. A June 2026 draft proposes it, but TPAs remain on the renewal cycle until it is notified.
ACS – Director, Expertvuw Management Pvt Ltd
IRDAI applications and filings are prepared by Expertvuw’s team. Audits and certificates required by IRDAI are issued by independent Chartered Accountants, and representation before IRDAI or other authorities is made by authorised professionals or advocates. Expertvuw is not an insurer or insurance intermediary and does not sell insurance.