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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…
IRDAI Health Insurance Regulations The Insurance Regulatory and Development Authority of India (IRDAI) is an apex government body that regulates insurance sectors in its entirety. From general, automobile to health insurance, every insurance vertical falls under the IRDAI’s ambit. Speaking…
IRDAI Corporate Agents Regulations Navigating the complexities of insurance regulations can be an overwhelming experience, especially when it comes to IRDAI Corporate Agents Regulations. These norms, formulated by the apex authority viz. The Insurance Regulatory and Development Authority of India…
Role of Third-Party Administrator in Health Insurance – TPA in Health Insurance Post COVID era has been quite phenomenal for the Indian health insurance sector thanks to the ever-rising demand for health insurance products across diverse demographics. Nowadays, people have…
How to Start a Life Insurance Company in India in 2025 Insurance in India is among the most promising sectors, constituting nearly 4% of the nation’s GDP. In 2020, the sector witnessed an impressive growth rate of almost 11%, illustrating…
Surveyor Loss Assessor There is an increasing demand for professionals called surveyors and loss assessors in the insurance sector. Their ever-rising demand stems from the increasing illicit activities concerning insurance claims. According to one source, the general insurance companies in…
IRDAI IMF Registration Process – Insurance Marketing Firm License The insurance sector has been instrumental to the nation’s success and economic growth. Accounting for over 4% of India’s GDP, the insurance sector offers budding entrepreneurs more stability and growth potential.…
