What is IRDAI?

IRDAI is the regulator that licenses and supervises insurance companies and intermediaries in India, and it keeps a register of the firms allowed to operate here. Every listed entry has a licence number, which makes it easy to confirm the company behind a policy or a comparison. Acko is listed as 157, ET Money as CA0680 and Fibe as CA1037. Registration also shows the category a firm is licensed for, so a number on its own does not mean a company can write every type of cover. Match the category on the register to the product on your screen before you pay a premium.