Insurance Regulatory and Development Authority of India(“IRDAI) has notified the Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests and Allied Matters of Insurers) Regulations, 2024 which has mandated
the issuance of insurance policies by insurance companies in electronic form with effect from 1st April 2024.
How will this benefit CAMSREP and the Bima central platform they are trying to establish? Requesting senior members to share their thoughts.
Regards,
Suhag
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