MC Exclusive: Common hospital network, health claims exchange and deeper penetration can minimise claim hassles, says IRDAI chief
IRDAI will adopt a principle-based regulatory regime and implement lighter regulations, going forward. Proposed amendments to insurance laws include rationalised capital requirements, composite registration, one-time registration for intermediaries, sale of other financial products and so on, IRDAI chairman Debasish Panda told Moneycontrol.