Web Aggregator
A plain-English definition from the DeployIT insurance technology glossary.
In short: An IRDAI-registered platform that displays and compares insurance products online and forwards leads to insurers.
Related terms
- IRDAI
- Insurance Regulatory and Development Authority of India.
- ISNP (Insurance Self-Network Platform)
- An IRDAI framework permitting intermediaries and insurers to sell and service insurance through their own digital platforms, with prescribed system, audit and grievance requirements.
- D2C (Direct-to-Consumer)
- Insurance sold directly to buyers through a brand's own digital storefront without an intermediary sales force.
See this concept working in software
DeployIT puts quoting, issuance, renewals, claims and commissions on one platform built for Indian insurance distribution.