Intermediaries

Lloyd’s launches Digital Distribution Platform`Lloyd’s Bridge'

International News       Jul 11, 2018

  London: Lloyd’s, the specialist insurance and reinsurance market, has launched a digital distribution platform – Lloyd’s Bridge – designed to quickly, easily and efficiently connect insurance businesses and entrepreneurs with Lloyd’s underwriters.   Lloyd’s Bridge is an online platform that matches insurance businesses with underwriters from...

IRDAI forms high-level panel to review regulations on Insurance Marketing Firm

Indian News       Jun 15, 2018

  Hydearbad: The insurance regulator IRDAI on Friday has formed a 10-member high-level panel under the chairmanship of Suresh Mathur, excecutive director, IRDAI, to review the three –year old regulations on the Insurance Marketing Firm (IMF), one of the new distribution channels launched in 2015.   The...

IRDAI doubles capital requirements for broking companies

Indian News       Jan 31, 2018

Mumbai: The insurance regulator IRDAI has doubled the capital requirements for setting up different categories  insurance broking companies  in the country.   The new regulations, which have been unveiled on Wednesday, have specified Rs 75 lakh(earlier Rs 50lakh), Rs 4 crore(Rs 2 cr) and Rs 5...

New Insurance Broking Regulations soon: IRDAI Chief

Indian News       Jan 24, 2018

Hyderabad: IRDAI Chairman TS Vijayan said the much awaited new insurance broking regulations would be unveiled  `very soon’ as they have already been sent for publication in the government gazette.    "About ownership, partnership, all these things are coming up. Minor changes, but it will be...

Narayana Murthy's Anviti Insurance Brokers Launched

Indian News       Jan 17, 2018

Mumbai: N.R. Narayana Murthy promoted Anviti Insurance Brokers launched its composite insurance broking services in India.The broking firm has been set up by Catamaran, a proprietary investment firm of Murthy and Sudha Murty. Murthy has also  stakes in Coverfox, a e-insurance broking company  and Acko...