Stories
Ather Energy Secures IRDAI Approval to Launch Insurance Subsidiary
S
Storyboard•16-10-2026, 09:02
Ather Energy Secures IRDAI Approval to Launch Insurance Subsidiary
- •Ather Energy received a Certificate of Registration from IRDAI on October 15 for its wholly owned subsidiary, Ather Insurance Limited.
- •The approval allows Ather to operate as a composite corporate agent distributing life, general, and health insurance.
- •The move is part of Ather's strategy to diversify revenue streams and build recurring income from its existing customer base.
- •The new insurance offerings are also expected to enhance the overall experience for customers and retail partners.
Key Questions Answered
Ather Energy received a Certificate of Registration from the Insurance Regulatory and Development Authority of India (IRDAI) on October 15, allowing its subsidiary, Ather Insurance Limited, to operate as a composite corporate agent for life, general, and health insurance distribution and servicing.
Ather Energy entered the insurance distribution business through its wholly owned subsidiary, Ather Insurance Limited, which was incorporated as a 100% owned entity.
Ather Energy aims to diversify its revenue streams, build recurring income opportunities from its existing customer base, and improve the overall experience for its customers and retail partners.
