IRDAI TPA Regulations A Third Party Administrator (TPA) has proven as a staple for insurance companies seeking assistance with claim processing, cashless treatment, etc. With IRDAI approval, TPA can work with registered insurance companies via any legal agreement, boosting profitability…
Insurance Brokering In the world of insurance, insurance brokering is among the most viable business opportunities. Since the demand for diverse insurance products keeps rising, the future of insurance brokering seems incredibly promising and robust. Therefore, leaping into this business…
Insurance Repository Registration In today’s dynamic world, insurance serves as a safety cushion that helps withstand risks like illness, accidents, and property damage. From accident protection to term life, people in India manage a variety of insurance products to ensure…
Web aggregators play a pivotal role in boosting the insurance sector. Being a web-based portal, web aggregators mitigate various burdens of the insurers by enabling services like policy comparison, KYC, policy issuance per IRDAI guidelines, etc. One of the prominent…
How To Apply Online IRDAI Regulatory Sandbox Regulators globally must secure customers’ interests without being overly stringent, paving the holistic environment wherein growth can prevail seamlessly. The concept of Regulatory Sandbox endorses this statement by enabling regulators to work closely…
Life Insurer Registration The insurance industry in India is undergoing a transformational shift thanks to the thriving demand for insurance products and the changing lifestyle of Indians. There are a number of companies that are willing to be a part…
Compliances play a vital role in fencing the accountability and operation of entities, compelling them to operate as ethically and transparently as possible. All the insurance brokers, regardless of business footprint or type, are bound to abide by IRDAI’s norms,…
Insurance Marketing Firm Regulations The insurance marketing firm regulations were released by IRDAI i.e. Insurance Regulatory and Development Authority of India, aiming to streamline the registration and operation of Insurance Marketing Firms (IMFs). The insurance industry attracts stringent compliances to…
Health Insurance Third-Party Administrator Health insurance third-party administrators’ (TPAs) contribution to the insurance sector is unprecedented. They have, in fact, transformed the way insurance products are being promoted, sold, and processed. From solicitation to claim settlement, these professionals play an…
Broker License Requirements – IRDAI The financial and insurance sectors heavily rely on brokers for various endevours like product promotion, risk assessment, specialized advisory, etc. If you want to comprehend the broker license requirements, this guide has your back as…
