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Automotive dealers may act as sub-brokers, distribution channels for motor insurance: IRDAI Committee The Committee for Review in its submission noted the motor insurance business sourced by MISPs through brokers and insurers put together constitutes around 25% of the total motor insurance business or around 11.25% of the overall general insurance business. Representative image. The Committee for Review (CfR) of Motor Insurance Service Provider (MISP) guidelines on January 18 submitted its report to the Insurance Regulatory and Development Authority of India (IRDAI). In it, the CfR suggested that all automotive dealers may act as one of the distribution channels on a stand-alone basis. This would in turn solicit motor insurance business in a manner similar to insurance brokers. ....