None
RU
IRDAI Amends Insurance Intermediaries Regulations 2026 for Corporate Agents
[]
taxguruin
AdvertisementThe Insurance Regulatory and Development Authority of India (IRDAI) has notified the Insurance Regulatory and Development Authority of India (Insurance Intermediaries) (Amendment) Regulations, 2026, effective from their publication in the Official Gazette.
These Regulations may be called the Insurance Regulatory and Development Authority of India (Insurance Intermediaries) (Amendment) Regulations, 2026.
The Corporate Agent shall ensure that such records are maintained in a manner that enables the Authority to access them remotely.
f) after clause (xi), following clause shall be inserted, namely:-“(xii) A Specified Person of a Corporate Agent who desires to switch over to any other Corporate Agent, shall obtain a no objection certificate from the current Corporate Agent.
An Applicant whose principal business is to exclusively carry on insurance intermediation asCorporate Agent shall have the word ‘“insurance” or “assurance”, in the name of the Corporate Agent.