PROPOSED AMENDMENTS TO ISSUES PERTAINING TO CATEGORISATION – IRDA EXPOSURE DRAFT FOR INSURANCE SURVEYORS
Actions proposed to be taken by IRDA in the Exposure Draft for Insurance Surveyors
The present system of A,B,C categorization will be replaced with standard system of: – Licentiate, Associate and Fellow as is done in other similar professional institutes. This three tier system of membership shall be based on number of years of tenure an SLA / Director / Partner has held his license continuously i.e., for a licentiate – upto 8 years, for Associate – 9-16 years, for Fellow Membership over 16 years.
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