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Insurers should learn to innovate using powerful Digital Public Infrastructure platform: New IRDAI chairman Seth

Insurers should learn to innovate using powerful Digital Public Infrastructure platform: New IRDAI chairman Seth

by AIP Online Bureau | Sep 2, 2025 | Eco/Invest/Demography, Indian News, Policy, Technology

Ajay Seth, chairman,IRDAI “We see the Accounts Aggregator Framework promoting the use of data, analytics and technology for designing insurance products that are more affordable, accessible, and tailored to people’s needs. We encourage more insurance companies...
RBI invites applications for recognition of SROs for account aggregator ecosystem

RBI invites applications for recognition of SROs for account aggregator ecosystem

by AIP Online Bureau | Mar 12, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation

The account aggregator framework facilitates secure and seamless exchange of specified financial information through Non-Banking Financial Company-Account Aggregators, which act as intermediaries between Financial Information Providers (FIPs) and Financial Information...
Insurers and insurance repositories can share “Financial Information” with Account Aggregators: IRDAI

Insurers and insurance repositories can share “Financial Information” with Account Aggregators: IRDAI

by AIP Online Bureau | Nov 14, 2022 | Indian News, Regulation, Risk Management, Technology

Financial Information Providers in insurance sector need to enter into a contractual framework with the AAs, and the same has to distinctly specify the  rights and obligations of each party and  modalities of dispute resolution mechanism Hyderabad: The...
Sebi joins account aggregator ecosystem

Sebi joins account aggregator ecosystem

by AIP Online Bureau | Aug 19, 2022 | Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy

Under the framework, Financial Information Providers (FIPs) in the securities market, like depositories and asset management companies (AMCs) — through their Registrar and Transfer Agents or RTAs — will provide financial information pertaining to...

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