Our History

Tracing the journey of IBAI through key milestones

1987
Foundation of IBAI

Insurance Brokers Association of India (IBAI) was established to represent professional insurance brokers.

2002
IRDA Recognition

IBAI received official recognition from Insurance Regulatory and Development Authority of India.

2005
First National Insurance Brokers Conference

Organized the first national conference bringing together insurance brokers from across India.

2010
New Regulatory Framework

Played a key role in shaping new regulatory framework for insurance brokers.

2015
Digital Transformation Initiative

Launched digital transformation initiative to modernize insurance brokerage practices.

2020
COVID-19 Response

Led industry response to pandemic challenges and digital adaptation.

2023
Innovation Hub Launch

Established innovation hub to promote insurtech solutions.