This blog explains the roles and responsibilities of Insurance Marketing Firms (IMFs) and their compliance with IRDAI guidelines and registr
Responsibilities of an Insurance Marketing Firm
Understand the key roles and responsibilities of an Insurance Marketing Firm in India, including client servicing, policy sourcing, product comparison, and ethical sales practices. This guide explains how an Insurance Marketing Firm interacts with insurers, evaluates customer needs, recommends suitable insurance plans, and ensures compliance with IRDAI regulations. Learn about documentation management, premium collection, after-sales support, and record-keeping obligations that help build trust and credibility with clients. Whether you’re an aspiring insurance professional or a business owner, this resource sheds light on core duties, legal expectations, and best practices required to operate effectively in the insurance distribution landscape. Use this knowledge to improve service quality and stay aligned with regulatory standards.
