Company Information

Get to know Insurance Information Bureau

The Insurance Information Bureau of India (IIB) was promoted by the Insurance Regulatory and Development Authority of India (IRDAI) in 2009. It operates as an independent, not-for-profit society to serve as a single-point data repository and analytics center for the entire Indian insurance industry. IIB's mission is to collect, process, and share reliable and timely data with stakeholders to enhance the operational efficiency, pricing accuracy, and overall health of the insurance sector in India, while also functioning as a tool for fraud detection.

Industry

Financial Other ServicePRIMARY
Financial Insurance

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Insurance Information Bureau

India

Founded in

2009 (17 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.