Entity setup
IFSC Insurance Intermediary Office (IIIO)
Brokers, corporate agents and surveyors in the IFSC
Choose your sub-category
Sub-categories under IFSC Insurance Intermediary Office (IIIO)
Pick the exact authorisation you are exploring to see the regulation, registered entities and indicative cost.
About this entity type
A very brief overview
An IFSC Insurance Intermediary Office is a registered insurance intermediary — broker, corporate agent, surveyor and loss assessor, or third-party administrator — permitted to solicit and service insurance and reinsurance business in the IFSC in freely convertible foreign currency.
Who it suits: Insurance brokers, reinsurance brokers, corporate agents and survey firms.
Applicable regulation
IFSCA (Insurance Intermediary) Regulations, 2021
Registration categories, net worth/deposit requirements, principal officer qualification, conduct of business and reporting.
Official source
Registered entities
Entities registered under IFSC Insurance Intermediary Office (IIIO)
38 entities on the IFSCA register. Live data from the IFSCA directory.
| Entity | Sub-category | Registration | Validity |
|---|---|---|---|
| 3-Dimensional Insurance Brokers India Pvt. Ltd. | Insurance Broker | IFSCA/IIIO/025/2024-2530 Oct 2024 | 30 Oct 2024 — 15 Nov 2026 |
| Ace Insurance Brokers Pvt. Ltd. | Insurance Broker | IFSCA/IIIO/016/2021-2203 Jan 2022 | 19 Feb 2025 — 18 Feb 2028 |
| Afro-Asian Insurance & Reinsurance Brokers (India) Pvt. Ltd. | Insurance Broker | IFSCA/IIIO/011/2018-1918 Mar 2019 | 18 May 2025 — 17 May 2028 |
| Alliance Insurance Brokers Pvt. Ltd. | Insurance Broker | IFSCA/IIIO/007/2018-1913 Oct 2024 | 13 Oct 2024 — 12 Oct 2027 |
| Anand Rathi International Ventures (IFSC) Private Limited | Insurance Corporate Agent | IFSCA/IIIO/CA/004/2025-2627 Aug 2025 | Perpetual / Not stated |
| Aon Risk Insurance Brokers India Private Limited (formerly known as Global Insurance Brokers Private Limited) | Insurance Broker | IFSCA/IIIO/018/2022-2322 Jun 2022 | 03 Mar 2024 — 02 Mar 2027 |
| Arron Insurance Brokers Pvt. Ltd. | Insurance Broker | IFSCA/IIIO/022/2023-2403 Jul 2023 | 07 Mar 2024 — 06 Mar 2027 |
| Avanse Global Finance IFSC Private Limited | Insurance Corporate Agent | IFSCA/IIIO/CA/005/2025-2625 Feb 2026 | Perpetual / Not stated |
| Bank of Baroda | Insurance Corporate Agent | IIN2026ASR105007 May 2026 | 07 May 2026 — 31 May 2028 |
| Beacon Insurance Brokers Pvt. Ltd. | Insurance Broker | IFSCA/IIIO/013/2019-2010 Oct 2019 | 30 Dec 2023 — 29 Dec 2026 |
| Bharat Re-Insurance Brokers Pvt. Ltd. | Insurance Broker | IFSCA/IIIO/010/2018-1911 Mar 2019 | 30 Jan 2024 — 29 Jan 2027 |
| Edme Insurance Brokers Limited | Insurance Broker | IFSCA/IIIO/008/2018-1901 Jan 2019 | 10 Apr 2024 — 09 Apr 2027 |
| Equirus Raghnall Insurance Broking Pvt Ltd | Insurance Broker | IFSCA/IIIO/027/2025-2630 Jul 2025 | 30 Jul 2025 — 23 Aug 2027 |
| First Policy Insurance Brokers Pvt. Ltd. | Insurance Broker | IFSCA/IIIO/020/2023-2417 May 2023 | 30 Jan 2024 — 29 Jan 2027 |
| Gallagher Insurance Brokers Pvt. Ltd. | Insurance Broker | IFSCA/IIIO/021/2023-2417 May 2023 | 24 Mar 2026 — 23 Mar 2029 |
Timeline & approach
How we take IFSC Insurance Intermediary Office (IIIO) from plan to authorisation
Step 1
Eligibility & structure
Week 1
We map your activity to the right IFSCA category and sub-category, confirm net worth, KMP and shareholding eligibility, and fix the holding structure.
Step 2
SEZ unit approval
Weeks 2–4
Unit application to the Development Commissioner, Letter of Approval, office space lease and NDC/customs registrations.
Step 3
IFSCA application
Weeks 3–8
Application, business plan, policies (AML/CFT, risk, outsourcing, cyber), KMP profiles and query resolution until in-principle approval.
Step 4
Go-live & compliance calendar
Weeks 8–14
Bank account, systems, statutory registrations, commencement intimation and handover to a live obligation calendar in your Gateway portal.
Indicative cost
USD 4,000 – 9,000 registration support
Depends on intermediary category and whether reinsurance business is sought.
Why GIFT City Gateway
Why sponsors pick us for this
Category specialists
We work only on GIFT IFSC mandates — the regulation, the reviewer questions and the SEZ process are our daily work.
One accountable owner
A named Gateway lead runs your application end to end, not a rotating coordinator queue.
Live intelligence
We track every authorised entity in this category, so your structure is benchmarked against real precedents.
Setup to steady state
Registration hands over into a live compliance calendar in your client portal — no gap after go-live.
Next step
Tell us what you need for IFSC Insurance Intermediary Office (IIIO)
Share your plan and we respond with the eligibility read, the document list, the indicative timeline and a fee.
- • Eligibility and net-worth check against the applicable regulation
- • Structure options (branch vs subsidiary, holding jurisdiction)
- • Week-by-week plan across SEZ and IFSCA
- • Fixed-fee proposal with the compliance calendar that follows
Lead details