Panel to update syllabus for insurance brokers by IRDA

 

 

 

In an effort to cut down unauthorized and unqualified personnel’s involvement in solicitation process at some of the insurance broking firms, the Insurance Regulatory and Development Authority has constituted a committee to constantly update syllabus and training methods for personnel employed with insurance brokerage houses. 

 

IRDA Chairman TS Vijayan said, “In this context, the regulator has constituted a committee to update prescribed syllabus and to identify the efficient cost-effective ways of ensuring easy access, including online modes, to cater to the continuing training and educational needs of insurance broker personnel.” 

 

Vijayan was delivering his keynote address at a summit organised by Insurance Brokers Association of India at Hyderabad recently.