Circular on Filing of online application for Insurance Self Networking Plat

,r • JI~ li1i1M•l•i1• INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA CIRCULAR No: IRDA/INT/CIR/ECM/083/04/2017 11 1h April, 2017. Circular on Filing of online application for Insurance Self Networking Platform (ISNP)as per IRDAl's Guidelines on Insurance e-commerce dated 9th March, 2017 In our endeavour to increase insurance penetration through the medium of e-commerce, the Authority has issued guidelines on Insurance e-commerce vide circular No. IRDA/INT/GDL/ECM/055/03/2017 on ogth March 2017. Insurance companies, brokers and corporate agents can sell and service insurance policies through this platform. The Authority announces the launch of registration portal for Insurance Self Networking platform for online registration. The insurers and insurance intermediaries may access it using the following URL: isnp.irda.gov.in Through this portal, the insurers and insurance intermediaries can: 1. Create a login credential for registration. 2. Submit the ISNP application form online. 3. Generate a print version of the application form with all details pre- filled. In addition insurers and insurance intermediaries can: 1. Download the guidelines on e-commerce 2. Know more about ISNP and read FAQs section 3. Track the status/ read the important announcements from IRDAI The insurers and insurance intermediaries may also read the enclosed "Quick Start Guide" before submitting online application. Encl: As above qft~ \lcr-{, cfmu ittt, ~ . ~ -500 004. ~ ({) : 91-040-2338 1100, ffi: 91 -040-6682 3334 -f-~: irda@irda.gov.in ~: www.irda.gov.in (P.J. Joseph) Member (Non-Life) Parisharam Bhavan, 3rd Floor, Basheer Bagh, Hyderabad-500 004. India. Ph.: 91-040-2338 1100, Fax: 91-040-6682 3334 E-mail : irda@irda.gov.in Web.: www.irda.gov.in E,i,i,i,41 ir.tai Online Registration Portal Self Network Platform On boarding Process Self Network Platform Corporate Agents /Brokers register on the website for Online Application form access System asks for License code and Mobile and sends OTP Upon Successful OTP Confirmation, system sends the registration link, Username and Password to the registered mobile Applicants login to the online registration site and fill the application form, provide enclosures System sends acknowledgement mail with unique reference number which can be used later to track the status Authority grants provisional permission to set up the Self Network Platform Applicants set up the platform and complies with the guidelines within 60 days Insurance Self Network Platform is launched Login / New Registration User Name Password Enter Total 22 + 14 = ~ Forgot password? OV. Insurance Self-Networking Platform SAVEDRAFT ISNP- Form 1 Certificate of Registration No. Valid From Valid To Name of the Applicant granted certificate of registration by Authority Address line 1 Address line 2 Address line 3 Email Telephone No Name of the Principal Officer Does the applicant employ persons with necessary qualifications, experience, record of conduct and performance of the persons in management of the ,..,......,1; .... ,... .... +1 ... 1 ... ,.., , .. ,... .... ,..,.. C"",...lt fl.1 ,-.+, , ,,.. .. I~ nl,..+t,.. .. __.."") Insurance Self Network Platform Frequently Asked Questions What is Insurance Self Network Platform (ISNP)? V Who can set up ISNP? What is the eligibility criterion for becoming ISNP? V Do we need to pass any exam or apply for the permission to set up the platform? V I am an insurance tied agent. Can I set up ISNP? V What is the process for setting up ISNP? V Is there any fees for joining? V How long does it take to get the approvals? V How long is the license valid? V Getting Started • Register on isnp.irda.gov.in with your license number, Email Address and Mobile Number • User Credentials will be sent to your registered mobile and email ID • Log-on to isnp.irda.gov.in with your user credentials • • Complete the registration process on the portal Features and Functionalities • Pre-Registration : Online generation of login credentials • Online Form Submission • Save Draft • Generate Pre-filled PDF application form • Email and SMS alerts • Track Status • Renew License Thank you