Page 18 - Insurance

E-policies made compulsory for most categories

In some cases, like motor insurance, the government needs to first recognise these

Insurers can speed up products for corporate clients

This is on the back of IRDAI decision to help general insurers to sell products under use-and-file procedures

GSC Bank to sell insurance through agri cooperative societies

The scheduled bank is targeting to sell over 1,00,000 policies in the first year of launching

Irdai on use-and-file products

Use-and-file is a procedure where the insurer is permitted to market the product without prior noting of IRDAI

Corporate agents may enter into new tie-ups in FY17 with IRDAI nudge

IRDAI has asked banks, corporate agents to have board-approved policy on open architecture