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Insurance Self-Network Platform (ISNP) Approval (IRDAI)

An Insurance Self-Network Platform (ISNP) allows insurers, insurance intermediaries, and approved entities to sell insurance directly through their own digital platform without IRDAI's separate approval for each online product. It is governed by IRDAI's guidelines on ISNP.

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Reviewed byInsurance and regulatory compliance expert•Updated May 5 2026, 02:30 PM
Professional Fees
Loading...+ IRDAI Application Fees
Estimated Time
30-60Working Days
IRDAI ISNP application filing and document review
Platform compliance audit support
Digital payment gateway integration advisory
Cybersecurity and data privacy compliance
Ongoing IRDAI reporting support
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ISNP Approval Overview

Mandatory for selling insurance policies directly to customers through a digital platform (website/app) under IRDAI's e-commerce guidelines.

Establishing a formalized structure through Insurance Self-Network Platform (ISNP) Approval is a critical milestone. It not only grants you legal recognition and credibility in the market but also offers significant operational advantages. This includes limited liability protection, better access to formal credit and funding, and the ability to attract top-tier talent and partnerships. We ensure that your foundational compliance is rock-solid from day one.

Our team helps with eligibility checks, document collection, application preparation, filing, and follow-up support so the process stays clear from start to finish.

Eligibility

Only entities already registered as Insurers or Insurance Intermediaries (Brokers, Corporate Agents, Web Aggregators) can apply to set up an ISNP.

Existing IRDAI Registration
IT Security Audit Report
Board Resolution
Dedicated IT Infrastructure

Benefits

Direct Online Sales

Sell insurance directly through your digital platform without third-party aggregator.

Customer Data Control

Maintain your own customer data and policy database on your platform.

Cost Efficiency

Reduce distribution costs with a self-owned digital sales channel.

Brand Building

Build your own insurance brand experience for customers.

Documents Required

  • Certificate of Incorporation of the applicant entity
  • Existing IRDAI licence (broker / corporate agent / insurer)
  • ISNP platform technical architecture documentation
  • Cybersecurity audit report from CERT-IN empanelled auditor
  • Data privacy policy and security measures document
  • Board resolution for ISNP application
  • Details of customer grievance redressal mechanism on the platform

Process

Step 1

Ensure Existing License

You must hold a valid IRDAI intermediary or insurer license.

Step 2

Develop Platform

Build the digital platform complying with IRDAI e-commerce guidelines.

Step 3

Conduct IT Audit

Get the platform audited by a CERT-In auditor.

Step 4

Board Approval

Pass a board resolution to set up the ISNP.

Step 5

File ISNP Application

Submit the application along with the audit report and process flows to IRDAI.

Step 6

IRDAI Approval

Receive permission to launch the platform.

Timeline

Approval for an ISNP takes about 2 to 4 months, focusing heavily on IT security, data privacy, and process flows.

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Frequently Asked Questions

Who can set up an ISNP?

Registered insurers and intermediaries like Brokers, Web Aggregators, and Corporate Agents.

Do I need a separate license?

It is not a separate license but an 'approval' required by existing IRDAI-registered entities to conduct e-commerce operations.

Is an IT security audit mandatory?

Yes, a comprehensive IT security audit by a CERT-In empanelled auditor is mandatory before applying.

Can an ISNP offer discounts?

Insurers can offer differential pricing (discounts) for policies sold through their own ISNP, subject to IRDAI product filing approvals.

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