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The Insurance Regulatory and Development Authority (Irdai) revoked 55 previously issued circulars and has issued a master circular providing strict timelines fo
The master circular pitches for striving towards achieving facilitation of 100 per cent cashless claim settlement in a time bound manner.
Irdai has invited comments on the draft Insurance Regulatory and Development Authority of India (Bima Sugam -- Insurance Electronic Marketplace) Regulations, 2024. The deadline for submitting comments is March 4. Stakeholders are encouraged to provide feedback on the proposed regulations for the online insurance market place.
The Insurance Regulatory and Development Authority of India (IRDAI) has released draft regulations for the electronic insurance marketplace, Bima Sugam, or a digital public infrastructure.
Get latest articles and stories on Latest News at LatestLY. Regulator Irdai has proposed to establish an online insurance market place, Bima Sugam, a one-stop solution to enhance availability, accessibility, and affordability of a product. Latest News | Irdai Proposes to Set Up Online Marketplace 'Bima Sugam'.