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Compliance & IRDAI

Regulated by IRDAI - Corporate Governance & Compliance

Insuremile is an IRDAI-licensed insurance web aggregator. Licence IRDAI/INTAII/BA/51/2018. Registration No 007/31. Valid till 17/07/2027.

Regulatory footprint

The details we Highlights include: Governance Regulated.'re required to publish.

IRDAI Licence

IRDAI/INTAII/BA/51/2018

Registration Number

007/31

Valid till

17/07/2027

CIN

U72900KA2018PTC110119

Legal name

InsureMile Insurance Web Aggregator Pvt. Ltd.

Principal Officer

Mallesh Reddy · +91 96065 56069

How we follow the rulebook.

Insurance is the subject matter of solicitation. Visitor information submitted on the website may be shared with the insurers. Product information is solely based on the information received from the insurers. Any complaint that isn't resolved by our Grievance Officer within 15 working days can be escalated to IRDAI's Bima Bharosa portal (bimabharosa.irdai.gov.in) or by calling 155255.

Four pillars of regulatory reporting.

01

Filing mandatory quarterly financial, operational, and aggregator transaction returns with the regulator.

02
03
04

Official IRDAI registration and legal disclosures.

IRDAI Web Aggregator License

Insuremile operates under official IRDAI Web Aggregator License No. IRDAI/INTAII/BA/51/2018, renewed in accordance with insurance regulations.

Corporate Registration Details

Registered under Corporate Identification Number (CIN) U72900KA2018PTC110119 with corporate headquarters in Bengaluru, Karnataka.

Principal Officer Compliance

Managed by IRDAI-certified Principal Officers adhering to mandatory fit-and-proper criteria, qualification standards, and continuing education requirements.

Annual Regulatory Audits

Undergoes annual financial, cybersecurity, and operational audits conducted by independent chartered accountants and IRDAI-empanelled auditors.

Key consumer protections mandated by IRDAI.

  • 01
    Direct Insurer Payment Routing100% of policy premiums are routed directly into the designated bank accounts of licensed insurance companies.
  • 02
    Unbiased Quote DisplayPolicy options are listed strictly based on objective coverage metrics and user parameters without sponsor manipulation.
  • 03
    30-Day Free-Look RightPolicyholders enjoy a mandatory free-look window to review terms and cancel health or life policies for a full refund.
  • 04
    Data Privacy & ConfidentialityPersonal policy data is handled under strict statutory confidentiality laws and IT Act standards.