SUBSCRIBE NEWSLETTER
  • Change Language
  • English
  • Hindi
  • Marathi
  • Gujarati
  • Punjabi
  • Tamil
  • Telugu
  • Bengali
  • Insurance Agents will have to use insurers’ approved marketing content on their social media handles

    Agents will have to use insurers’ approved marketing content on their social media handles

    Many insurance companies have asked their agents not to use content on their social media handles, which are not provided by them.
    Nishant Patnaik Apr 24, 2023

    Listen to this article

    Agents will now have to use promotional or marketing content on their social media handles that are approved by their insurers. 

    A few insurance companies have asked their agents not to use content which is not provided by them. 

    In a note, a leading general insurer said, “It has been noticed that a few collaterals were posted by certain insurance partners on social media platforms which were prima facie not in the approved format i.e. company’s corporate identification number or product unique identify number etc. were missing in such advertisements. Please note that every advertisement and circulated by an insurance partner must be approved by the company in writing prior to its issue.”

    While IRDAI norms say that agents will have to use advertisement material provided to them by insurers, there is no such norms for social media. Also, there was no need to take written approval from insurers to use advertisement materials.

    With this, agents can only use content material provided by their insurers on their social media handles. Non-compliance may attract strict action against agents or levy of penalty, said the company.

     

     

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

    Click to clap
    Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.
    2 Comments
    InvestAir Funds · 1 year ago `
    As if insurers’ approved marketing content is good and in the interest of Consumers.
    Insurance industry itself has flaws.
    Sham Kumar Saini · 1 year ago `
    Let IRDAI also monitor the content provided by Insurers and content being aired/used in advertisements!
    Login or Sign up to post comments.
    More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

    Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.