Podknife - 4201: Disappointed that our suggestions on strengthening policyholder protection framework were not considered, says insurance brokers’ association chief

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4201: Disappointed that our suggestions on strengthening policyholder protection framework were not considered, says insurance brokers’ association chief | Simply Save

Podcast |: Moneycontrol Podcast
Publisher |: moneycontrol
Media Type |: audio
Podknife tags |: Business,; Business News,; Investing,; Stock Market
Categories Via RSS |: Business
Publication Date |: Mar 27, 2024
Episode Duration |: 00:12:36

The Insurance Brokers’ Association of India (IBAI) president Sumit Bohra is hopeful that their recommendations on making the grievance definition more robust, strengthening anti-mis-selling provisions and allowing intermediaries to represent policyholders at grievance redressal forums will be accommodated when IRDAI issues master circulars on these regulations in future. He also bats for trail-based commissions model, which can help curb mis-selling in this interaction with Moneycontrol. Tune into Simply Save for more.

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