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Source: The Hindu BusinessLine

The Hindu BusinessLine
Source
Regulation & Compliance
Category
3 min
Read time
01 Sept
Published
Regulation & Compliance
3 min read· The Hindu BusinessLine

IRDAI proposes public insurance registry to boost transparency, reshape insurance service

IRDAI is planning to launch a new Public Insurance Registry to make insurance data more transparent. This digital system aims to help customers compare products and improve service quality across India.

The PIR is expected to reduce information gaps and foster greater competition, allowing insurers and other market participants to compete through innovative products, competitive pricing, better services and improved customer experience

Source: The Hindu BusinessLine