It has come to the notice that, the Insurance Regulatory and Development Authority of India (IRDAI) has provided approval for Bima Sugam. The regulator has asked insurance companies to become part of Bima Sugam by January 2023. This can be… Continue Reading
On 29 September 2022, The Insurance Regulatory Development Authority of India (IRDAI) released an exposure draft on dematerialisation of new insurance policies and requested all stakeholders to comment on the proposed regulations by October 20. With the exposure draft, IRDA… Continue Reading
Good News: IRDAI plans to move insurance from paper to digital. It has mandated the dematerialisation of insurance policies by this year. All the new insurance policies will have to be compulsorily issued in dematerialised (demat) form. December 2023 has… Continue Reading