Money & Banking

IRDAI panel on microinsurance

Our Bureau Hyderabad | Updated on April 29, 2019 Published on April 29, 2019

The Insurance Regulatory and Development Authority of India (IRDAI) has formed a panel to review the existing regulatory framework on microinsurance and recommend measures to increase penetration.

Suresh Mathur, Executive Director, IRDAI, is the chairman of the committee, which will have 13 members . It will suggest product designs with customer-friendly underwriting, including easy premium payment methods.

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Published on April 29, 2019
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