IIISLA
Addendum to Office Order – Term Extension of Committee for Grant of Charter status to IIISLA
Surveyors & loss assessors recent initiatives of IRDA
Surveyors and Loss Assessors (S&LAs) play an important role in assessment of losses arising out of a contingency insured under a policy of general insurance. Further, SLAs are necessary under Section 64UM of the Insurance Act, 1938, which requires that a duly licensed SLA has to submit a report in respect of any claim where the loss is over Rs.20,000 in value, on a policy issued by any of the non-life insurers registered with IRDA.
Read moreIRDA seeks to make assessors, surveyors more professional
Insurance Regulatory and Development Authority (IRDA) today released an exposure draft to revamp the Indian Institute of Surveyors and Loss Assessors (IIISLA) to make it more vibrant, responsible and professional in line with the objectives for which it was incorporated. Read more