Yes. AI companies buy records from insurance brokers, and micro1, Mercor and Handshake AI accept companies in India. Published payouts for this kind of company run ₹95 lakh to ₹4.7 crore ($100K to $500K), from micro1's qualified-partnership tier. IRDAI licenses insurance brokers, and health details in claims need extra care under the DPDP Act.
What insurance broker records AI buyers want
Broker servicing records for health and motor policies dominate, and the health details need the most care.
Mercor and Handshake AI both name finance and insurance; Mercor lists statements, underwriting files and claims.
| Record | Why buyers want it |
|---|---|
| Underwriting files | Mercor lists underwriting files and claims among the records it wants. |
| Claims workflows | Multi-step decisions with clear outcomes. |
| Policy servicing tickets | High-volume, repeatable work. |
| Quoting and renewal processes | Document how risk is priced in practice. |
Which AI data buyers accept Indian insurance brokers
English-language records and large service industries make India one of the stronger markets outside the West.
| Buyer | Fit for India | What to know |
|---|---|---|
| micro1 | Partial fit | Closed companies with 50+ peak staff; operating companies considered case by case; lists financial services |
| Mercor | Good fit | Names finance and insurance; wants underwriting files and claims; pays by wire on delivery |
| Handshake AI | Possible | Names finance and insurance; 20+ staff and 3+ years; accepts companies outside the US |
| Turing | Possible | Full operating records up to $1M; strongest demand in the US, UK, Canada and EU |
Published payouts in INR
Micro1's qualified-partnership tier is the closest published figure for insurance brokers, converted to INR. Larger programs pay more for long, linked histories.
| Published figure | USD | INR |
|---|---|---|
| micro1, qualified partnership | $100K to $500K | ₹95 lakh to ₹4.7 crore |
| micro1, large-scale datasets | $500K to $2M | ₹4.7 crore to ₹19 crore |
| Handshake AI, advertised range | $100K to $4M+ | ₹95 lakh to ₹38 crore+ |
Indian rules for insurance brokers
IRDAI licenses insurance brokers, and health details in claims need extra care under the DPDP Act.
Any personal data left in the records falls under Digital Personal Data Protection Act 2023; the Indian privacy steps apply to every industry. Before anything leaves, exclude:
- Policyholder health and claims details.
- Payment and identity information.
- Carrier data restricted by agency agreements.
Can an insurance agency license claims files?
Claims files often contain health and injury details, which are special-category or sensitive data in most countries. Quoting, renewal and servicing workflows carry the same judgment with far less personal data, so they are the usual starting point.
Our guide covers this in depth: Licensing healthcare operational data for AI.
US tax on the license fee
For India: 15% with a treaty form (W-8BEN-E), creditable at home.
Source: IRS: Tax treaty tables
Common questions
Do AI companies buy insurance broker data in India?
Yes. micro1, Mercor, Handshake AI and Turing accept companies in India. Broker servicing records for health and motor policies dominate, and the health details need the most care.
How much do AI companies pay for insurance broker data?
Published payouts for this kind of company run ₹95 lakh to ₹4.7 crore ($100K to $500K), from micro1's qualified-partnership tier, with larger tiers for big or unique datasets. Actual offers depend on your records and rights.
Is it legal for an insurance broker in India to sell company data?
IRDAI licenses insurance brokers, and health details in claims need extra care under the DPDP Act.
Can an insurance agency license claims files?
Claims files often contain health and injury details, which are special-category or sensitive data in most countries. Quoting, renewal and servicing workflows carry the same judgment with far less personal data, so they are the usual starting point.
Sources and further reading
Origin Data Partners is independent and not affiliated with any buyer named on this page.