IFSC Insurance Intermediary Office (IIIO)
Insurance Corporate Agent
Brokers, corporate agents and surveyors in the IFSC
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 Insurance Corporate Agent
10 entities on the IFSCA register. Live data from the IFSCA directory.
| Entity | Sub-category | Registration | Validity |
|---|---|---|---|
| Anand Rathi International Ventures (IFSC) Private Limited | Insurance Corporate Agent | IFSCA/IIIO/CA/004/2025-2627 Aug 2025 | Perpetual / Not stated |
| 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 |
| Geojit IFSC Limited | Insurance Corporate Agent | IN2026ASR112612 Aug 2026 | 12 Aug 2026 — 11 Aug 2029 |
| HDFC Bank Limited I.B.U. | Insurance Corporate Agent | IFSCA/IIIO/CA/001/2024-2501 Apr 2025 | 01 Apr 2025 — 31 Mar 2028 |
| IDFC FIRST Bank Limited I.B.U. | Insurance Corporate Agent | IFSCA/IIIO/CA/003/2024-2501 Apr 2025 | 01 Apr 2025 — 31 Mar 2028 |
| Motilal Oswal Finsec IFSC Limited | Insurance Corporate Agent | IIN2026GFR109909 Jul 2026 | Perpetual / Not stated |
| StockHolding Securities IFSC Limited | Insurance Corporate Agent | IFSCA/IIIO/CA/002/2024-2507 Jan 2025 | 07 Jan 2025 — 06 Jan 2028 |
| The Federal Bank Limited | Insurance Corporate Agent | IIN2026ASR112924 Aug 2026 | Perpetual / Not stated |
| The Hong Kong Shanghai Banking Corporation Limited-IBU | Insurance Corporate Agent | IFSCA/IIIO/CA/008/2026-2712 Aug 2026 | 12 Aug 2026 — 11 Aug 2029 |
Timeline & approach
How we take Insurance Corporate Agent 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 Insurance Corporate Agent
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