Insurance Self Network Platform (ISNP Certification)
Various businesses today have adopted internet to get a viable advantage. However, insurance sector has been slightly slow to do so. The insurance sector finally decided to promote e-commerce in the insurance space when IRDAI through ISNP provided the way for insurer or insurance intermediary to undertake insurance e-commerce activities in India. ISNP is an e-commerce portal for dealing with insurance services in India. It assists brokers or firms to sell policies in a cost efficient manner. The Insurance Self Network Platform is set up by the permission of the insurance regulatory authority. Considering the fact that e-commerce has been prevalent in all forms of goods and services hence IRDA has come up with this platform. Setting up of ISNP is possible for any insurer or insurance intermediary such as Insurance Brokers, Corporate agents or web aggregators.
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