by AIP Online Bureau | May 24, 2025 | Indian News, Intermediaries, Non-Life, Regulation, Technology
According to the IRDAI order, even where outsourcing is given to an intermediary, the insurer retains the responsibility for all regulatory obligations and proper due diligence and monitoring of the outsourced service provider and the services provided Hyderabad/...
by AIP Online Bureau | May 21, 2025 | Indian News, Workplace/Employee Benefits
It also observed that the primary reason for engaging the services of a security agency or security guards is to ensure a safe and respectful space, but when these employers or employees become “miscreants”, assuming themselves to be extra-constitutional...
by AIP Online Bureau | Apr 8, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Regulation, Technology
Flipkart Internet Pvt Ltd ( FIPL) is a registered corporate agent under composite category Hyderabad: The Indian insurance regulator IRDAI has slapped a fine of Rs 1,06 crore on prominent e-commerce company Flipkart, promoted by Binny Bansal and Sachin Banls, for...
by AIP Online Bureau | Mar 27, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Regulation, Reinsurance
Indian general insurers, which will be generating a premium of over three lakh crore rupees in Fy 25, in their detailed representation to the IRDAI, explained that the proposed regulations are reducing choice for the insurers, reducing reinsurance capacity for the...
by AIP Online Bureau | Mar 26, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
“India has made substantial progress on financial inclusion with 94 per cent of adults now having a bank account, It must be ensured that regulations do not create unintended barriers to financial inclusion. We need to be mindful of customer rights and...
