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As per the specific sections of the Insurance Act of 1938 as well as the Insurance Regulatory and Development Authority Act of 1999, the IRDA Authority, in consultation with the Insurance Advisory Com ....
Insurance Companies or Insurers in India are regulated as per the directives of the Insurance Regulatory and Development Authority of India, better known as the IRDAI. The IRDAI dictates the p ....
Whenever a business decides to get into offering insurance services, it is obliged to take approval from IRDA (Insurance Regulatory and Development Authority of India). The first and foremost objectiv ....
While buying insurance, clients seek help from insurance professionals to get the best coverage at the right price. However, the type of insurance professional you are hiring can make a differ ....
After getting an IRDA Certificate every insurance company has to follow the rules set by IRDA to start a company. These rules are made to ensure that the business will run as per the laws and do ....
While applying for an insurance broker license, you have to follow multiple steps such as filing the application form, collecting all documents, completing the financial and infrastructural requiremen ....
The insurance industry is vast and has multiple insurance products; one customer's needs are different from the others. To tackle the market many players are providing different types of services. Simi ....
The insurance market has different parts as per the demographics. For instance in metro cities, you will find big finance institutes, private, and public banks in every area. In rural areas, you see r ....
IRDAI's full form is the Insurance Regulatory and Development Authority of India. The role of IRDA in insurance sector is to supervise and make regulations for the insurance companies in India. To mana ....
In India, insurance companies are established under the Companies Act of 2013. The definition of insurance audit is clearly outlined in section 12 of the Insurance Act 1938. As per this act, every ins ....
