An Insurance Web Aggregator License is a regulatory authorization issued by the Insurance Regulatory and Development Authority of India (IRDAI) to companies that operate online platforms aggregating insurance products. These platforms provide customers with the ability to compare, buy, and review insurance policies from various providers. To obtain this license, businesses must meet specific criteria set by IRDAI, ensuring transparency, consumer protection, and fair practices in the online insurance marketplace. The license allows businesses to legally offer and market insurance products, helping bridge the gap between insurers and potential customers.