IRDAI News

Money

IRDAI collaborates with health insurers to guarantee universal 100% cashless claim settlement

Chairman of IRDAI, Debasish Panda, announced that the regulatory body is collaborating with health insurance providers, the National Health Authority, and the Insurance Council to expedite the implementation of 100% cashless claim settlements.

1 min read7 Sep 2023
Money

IRDAI removes the cap on commission for agents; 4 analysts delve into its pros and cons for policyholders

IRDAI removes the commission limit for agents. Though this development is hailed as a landmark decision by insurance companies, personal financial analysts are apprehensive of its effects.

3 min read9 Apr 2023
Money

The insurance regulator’s 70's mindset is not serving the purpose in 2020

Irdai is trying to make changes in customer interest, but they just don’t go far enough

4 min read27 Oct 2020

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