Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    ICICI Bank launches digital solutions for participants of capital market and custody services

    March 10, 2023

    L&T Finance adds 29 lakh customers in Micro Loans biz between April 2022 to January 2023

    March 10, 2023

    Cashfree Payments acquires one-click checkout company, Zecpe to strengthen its D2C Payments Suite

    March 5, 2023
    Facebook Twitter Instagram
    BFSINXT
    Twitter YouTube LinkedIn
    • Banking
      • SME /Wholesale Banking
      • Retail
      • HR
        • Wholesale
      • Rural & Agri
    • NBFC
      • Customer Experience
      • Retail
      • Digital
    • Insurance
      • Life
      • General
      • InsurTech
    • Fintech
      • Payments
      • Lending
      • Wealth/PF
      • Neo-Banking
    • Policy
      • RBI
      • IRDAI
      • SEBI
      • Government
    • Financial Services
      • Securities
      • AMC
    • About us
      • Editorial Team
      • Our Advisory Panel
      • Get In Touch
    BFSINXT
    Home » Insurance regulator IRDAI proposes issuance of e-insurance policies
    Insurance

    Insurance regulator IRDAI proposes issuance of e-insurance policies

    The regulator in a statement said, "To promote efficiency in the conduct of insurance business and provide for appropriate framework for electronic mode of solicitation and servicing of insurance policies, the current regulations on issuance of e-Insurance policies have been reviewed." 
    October 3, 20221 Min ReadBy Bfsinxt Desk
    Twitter LinkedIn WhatsApp

    Insurance Regulatory and Development Authority of India (IRDAI) has proposed issuance of e-insurance policies.

    The regulator in a statement said, “To promote efficiency in the conduct of insurance business and provide for appropriate framework for electronic mode of solicitation and servicing of insurance policies, the current regulations on issuance of e-Insurance policies have been reviewed.”

    It added, Some of the key changes being proposed in the regulations are: –

    1. solicitation and servicing of insurance business through electronic platform.
    2. to issue e-insurance policies for all modes of solicitation.
    3. mandatory use of electronic insurance account for holding e-insurance policies.

    The exposure draft has been issued for public consultation and the regulator is inviting comments and suggestions by October 20th, 2022.

    Previous ArticleUnion Bank of India signs MoU with Hyundai
    Next Article U GRO Capital raises impact funds of USD 5 million in partnership with Enabling Qapital
    Bfsinxt Desk

    Related Posts

    Kotak General Insurance partners with Clootrack to enhance customer centricity

    January 23, 2023

    IIFL Fintech Fund Leads Investment Round in Insurance Samadhan For 16% Stake

    December 25, 2022

    AU Small Finance Bank and HDFC Life announce Bancassurance tie-up

    December 19, 2022

    Kotak General Insurance launches Meter

    November 23, 2022

    Leave A Reply Cancel Reply

    Recent Posts

    • ICICI Bank launches digital solutions for participants of capital market and custody services
    • L&T Finance adds 29 lakh customers in Micro Loans biz between April 2022 to January 2023
    • Cashfree Payments acquires one-click checkout company, Zecpe to strengthen its D2C Payments Suite
    • Mastercard and Obopay launches a unique prepaid card to power financial inclusion
    • YES BANK adopts Bloomberg’s MARS to support transition to Risk-Free Rates

    Recent Comments

    No comments to show.
    Demo
    NBFC's

    L&T Finance adds 29 lakh customers in Micro Loans biz between April 2022 to January 2023

    March 10, 2023

    PLANET App by L&T Financial Services Crosses 1.5 Million Downloads

    January 7, 2023

    SIDBI enters Co-lending Space for Unsecured Loans to MSMEs, partners with Ambit Finvest

    December 31, 2022

    Piramal Finance launches ‘Innovation Lab’ in Bengaluru

    December 19, 2022
    New Policy
    Policy

    GSTN gets included as a Financial Information Provider under Account Aggregator Framework

    November 23, 20220By Bfsinxt Desk

    The RBI said, with a view to facilitate cash flow-based lending to MSMEs, it has been decided to include Goods and Services Tax Network (GSTN) as a Financial Information Provider (FIP) under the Account Aggregator (AA) framework.

    RBI to run Nation-wide Finanical Services Awareness Programme in November 2022

    November 3, 2022

    RBI to soon operationalise CBDC Wholesale (e₹-W) Pilot

    November 1, 2022

    RBI launches दक्ष (DAKSH) – Reserve Bank’s Advanced Supervisory Monitoring System

    October 8, 2022
    • Twitter
    • YouTube

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    BFSINXT
    Twitter YouTube LinkedIn
    © 2023 bfsinxt.com.

    Type above and press Enter to search. Press Esc to cancel.