Hi buddy here I have come to know process for Transfer of IRDA Licence for my one of the best friend which is doing word as agent in insurance company??

Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous apex statutory body which regulates and develops the insurance industry in India.


As you asking for process for Transfer of IRDA Licence, so on your demand here I am telling same for you

First one have to give resignation letter to their present company.

Then they have to apply this letter copy along with IRDA license copy to another one which they selected already.

After this formalities one have to wait till 90 days to get No Objection letter form their existing company.

Even after 90 days you will not get NOC from their existing compay, automatically they will be enrolled in the new insurance company.

Key contact person

Shri K.Srinivas, Asst. Director,
Insurance Regulatory and Development Authority
Parishrama Bhawanam, 5-9-58/B, Basheerbagh, Hyderabad – 500004.
(040) 23240034
e-mail ids: nonlifecomplaints.pvt@irda.gov.in

Public Sector Insurers:

Mr.R.Srinivasan, Officer on Special Duty
Insurance Regulatory and Development Authority
Parishrama Bhawanam, 5-9-58/B, Basheerbagh, Hyderabad – 500004.
(040) 23381248
e-mail ids: nonlifecomplaints.psu@irda.gov.in

Complaints against Life Insurance Companies:
Mr. Sudipta Bhattacharya, Sr Assistant Director
Insurance Regulatory and Development Authority
Parishrama Bhawanam, 5-9-58/B, Basheerbagh, Hyderabad – 500004.
(040) 66820964/66789768 Extension –251
e-mail id: lifecomplaints@irda.gov.in