Insurance Regulatory and Development Authority of India (Expenses of Management, including Commission, of Insurers) Regulations, 2024
by Pragya Shukla on 2024-02-07
The Expenses of Management, including Commission of Insurers Regulations, 2024 were recently published by the Insurance Regulatory and Development Authority of India (IRDAI) to streamline and regulate the financial elements of insurance businesses operating in India.
Government Initiatives for the Fintech industry in India
by Surbhit Sharma on 2022-07-07
India has become one of the greatest digital markets in the world, with a Fintech adoption rate of 87 percent compared to the worldwide average of 64 percent.
IRDA Insurance License & Registration
by Suneeta Tikoo on 2022-01-27
Insurance was governed under the Insurance Act 1938 before the Insurance Regulatory Development Authority of India (IRDAI). Various adjustments have been passed throughout the years to guarantee that the insurance industry is properly regulated.
Insurance Repository and Insurance Business Process
by Shamshad Alam on 2022-01-04
"Insurance Repository" refers to a firm founded and registered under the Companies Act, 1956, and issued a certificate of registration by the Insurance Regulatory and Development Authority (IRDA) for the purpose of preserving data on insurance policies in electronic form on behalf of insurers.
Fintech Company Technology Audit
by Vinay Singh on 2021-09-20
Technology is inevitable nowadays. Unlike manual process for business house or any task earlier has now been shifted to automation. Technology is part of an organization but as far as safe, secure and risk free, is again matter of concern.
Registration of Insurance Web Aggregator in India
by Vinay Singh on 2021-09-15
An insurance web aggregator is the person who collects, maintains and assembles information relating to insurance products offered by different insurance companies.