ISNP Platform Readiness & Permission Support

ISNP readiness addresses the digital platform and permission pathway for an insurer or eligible insurance intermediary selling or servicing policies online.

Promoters, regulated businesses and compliance leaders assessing an activity-specific regulatory requirement can use this service to clarify a particular issue. A useful starting question is: “Can ISNP permission replace insurance intermediary registration?” Begin with the facts behind that question rather than assuming that a standard package will resolve it.

The engagement can cover the following workstreams. The proposal specifies which apply to your matter and what evidence or specialist input is needed.

• Review underlying registration and platform scope.
• Map digital service security and customer controls.
• Coordinate permission and certification evidence.

Start with the records below where available. They help establish the facts before a more specific checklist is agreed.

• Existing registrations.
• Platform designs.
• Security records.
• Operating processes.

Provide the relevant entity, transaction or reporting period and any existing notice or deadline. Identify missing or inconsistent records so they can be addressed explicitly.

ISNP is not a substitute for an underlying insurance registration; platform readiness and intermediary eligibility must be reviewed together.

1. Define the question: review underlying registration and platform scope, using the available existing registrations and the facts you provide.
2. Examine the evidence: map digital service security and customer controls. Record unresolved information and the assumptions that affect the analysis.
3. Agree the action: coordinate permission and certification evidence. Set the required deliverables, responsible owners and any follow-up or external dependency.

The proposal for ISNP Platform Readiness & Permission Support sets out the analysis, documentation or coordination deliverables and the work you retain. The availability of existing registrations, platform designs, security records and operating processes affects readiness and the amount of follow-up needed. Fees and the working schedule are agreed after that initial assessment. Any required independent report, legal representation or authority application is identified as a separate responsibility where relevant.

Use these official resources for the relevant framework. Application to a particular entity, period or jurisdiction requires a separate assessment.

• IRDAI: Insurance Self Network Platform

• Insurance Marketing Firm Application Readiness
• GIFT IFSC Trade Finance Platform Setup
• Financial Statement Audit Readiness
• ESG Assurance Readiness

Share a short summary of your ISNP Platform Readiness & Permission Support requirement and the records already available. BIATConsultant can assess the proposed scope and explain the next steps.

• Request a ISNP Platform Readiness & Permission Support consultation
• About BIATConsultant