News From Press Insurance Claim Settlement: IRDAI wants loss limit above Rs 1.5 lakh for appointing surveyors; Here’s why

Insurance Claim Settlement: IRDAI wants loss limit above Rs 1.5 lakh for appointing surveyors; Here’s why

Insurance surveyor appointment rules change - (IRDAI (Insurance Surveyors and Loss assessors) (Amendment) Regulations 2019 (Draft): The Insurance Regulatory and Development Authority of India (IRDAI) has decided to streamline the existing regulatory framework.

Financial Express Nov 2, 2019

Insurance surveyor appointment rules change – (IRDAI (Insurance Surveyors and Loss assessors) (Amendment) Regulations 2019 (Draft): In a bid to facilitate wider participation of the younger generation for appointment as insurance surveyors, the Insurance Regulatory and Development Authority of India (IRDAI) has decided to streamline the existing regulatory framework. The insurance regulator has released draft IRDAI (Insurance Surveyors and Loss assessors) (Amendment) Regulations 2019, inviting comments from all stakeholders before November 21.

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