1.

Evaluate the Agency’s Track Record

To ease the blow, start by penning down the top 5 companies catering to the insurance advisory field. 

2.

Check Regulatory Compliance Expertise

Ensure the selected agency has a profound understanding of the insurance regulatory framework in India. They must be proficient in facilitating robust support on the IRDAI requirements, documentation, applications, and regulatory obligations. 

3.

Look for Transparent Fee Structure

A reliable agency, apart from being an advisory wizard, is remarkably transparent on account of services and pricing. 

4.

End-to-End Support

The ideal consultant is the one that takes care of clients right from the word go. From understanding norms and filing an application to responding to authority queries. 

5.

Client Feedback and Success Rate

Another best ground to test the consultant's worth is scouting the client reviews, testimonials, and case studies from past projects.  

6.

Adaptability to IRDAI Regulation

Choose an agency that can seamlessly adapt to an ever-changing compliance environment, allowing your firm to operate without hassles.

Thanks For Reading!

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