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IRDAI constitutes taskforce to review existing Bancassurance framework.

Source :
Insurance Industry Snapshot; 12/2/2023, p15-16, 2p
Publication Year :
2023

Abstract

The article focuses on the IRDAI's formation of a task force to review and improve the bancassurance framework in response to complaints of mis-selling, low contribution of banks as corporate agents, and underutilization of the option to establish separate legal entities for insurance distribution.

Details

Language :
English
Database :
Complementary Index
Journal :
Insurance Industry Snapshot
Publication Type :
News
Accession number :
175422983