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insurance agents

12 Sep 2022

Customers will get agent portability option soon, check details

Policyholders will get an option of agent portability soon. IRDAI is going to change the existing rule. Customers can change agents through the insurance exchange.

Reliance Life Insurance

07 Dec 2015

Reliance Life to hire 5,000 insurance agents, 2,000 sales staff

The company has already hired close to 15,000 insurance advisors in the recent months and the planned hiring activities would take the total recruitment of agents to 20,000 people in the current fiscal ending March 31, 2016.

17 Mar 2015

Insurers to pay upto Rs 1cr fine on violations by agents: IRDAI

The country's insurance regulator Tuesday said an insurer will be responsible for all acts and omissions of its agents and will be liable to a penalty of up to Rs 1 crore.

26 Feb 2015

Insurance cos can hire agents without IRDA license from April 1

Insurance Regulatory and Development Authority of India (IRDA) Thursday said insurance companies can appoint individual agents on their own without license from the regulator from April 1.

18 Jan 2015

IRDA evaluating fresh norms for banks as insurance agents

Insurance sector regulator IRDA is evaluating fresh norms for banks to act as intermediaries for insurers, following recent changes in law brought through an ordinance by the government.

04 Jan 2015

Norms tightened for appointment of agents by insurers

Under the newly promulgated Ordinance, insurers cannot appoint any "principal agent, chief agent and special agent", neither they can transact any insurance business through them.

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