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Policybazaar has been fined Rs 5 crore by IRDAI for breaking multiple insurance rules, including unfair promotions and ...
One of the key violations pertained to Key Managerial Personnel (KMPs) holding directorships in other companies, which goes ...
Upon examining a selection of 67 insurance policies, IRDAI found that premiums were remitted with delays exceeding 30 days ...
IRDAI has fined Policybazaar Rs 5 crore for various regulatory breaches. As per the IRDAI order, Policybazaar promoted ...
IRDAI has imposed a record penalty of Rs 5 crore on Policybazaar for several violations found during a remote inspection ...
To improve how insurance complaints are handled, IRDAI has suggested each insurer have an internal ombudsman. This aims to ...
The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a ₹5 crore penalty on insurtech major ...
The IRDAI has slapped a fine of INR 5 Cr on insurtech major Policybazaar for multiple violations of insurance norms.
Exercising its powers under Section 102 of the Insurance Act, 1938, IRDAI also issued a direction, advisory, and caution to ...
“Embedded finance is about meeting users where they are, For insurance, that means removing friction and offering products at ...
IRDAI fines Policybazaar ₹5 crore for violating Insurance Act, 1938 by misleading promotions and non-disclosures.
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