Closure/Dissolution of Corporate Surveyors
To, All Corporate Surveyors and Loss Assessors Re: Closure/Dissolution of Corporate Surveyors As per IRDAI (Insurance Surveyors and Loss Assessors) Read more
This is further to circular no. IRDA/MISC/CIR/225/10/2012 dated 03.10.2012 on Integrated Surveyors Licensing Management System.
Read moreSurveyors 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.
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