Role of IRDA

[sunandaC]

Role of IRDA:

 Protecting the interests of policyholders.

 Establishing guidelines for the operations of insurers and brokers.

 Specifying the code of conduct, qualifications and training for insurance intermediaries and agents.

 Promoting efficiency in the conduct of insurance business.

 Regulating the investment of funds by insurance companies.


 Specifying the percentage of business to be written by insurers in rural sectors.

 Handling disputes between insurers and insurance intermediaries

 

[jiten005]

Role of IRDA:

 Protecting the interests of policyholders.

 Establishing guidelines for the operations of insurers and brokers.

 Specifying the code of conduct, qualifications and training for insurance intermediaries and agents.

 Promoting efficiency in the conduct of insurance business.

 Regulating the investment of funds by insurance companies.


 Specifying the percentage of business to be written by insurers in rural sectors.

 Handling disputes between insurers and insurance intermediaries

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