30May 2024
IRDAI MANDATES INSURERS TO IMPLEMENT END-TO-END TECHNOLOGY SOLUTIONS.
Why in the news? IRDAI issued a master circular consolidating client entitlements and repealing 55 previous circulars. Insurers must decide on cashless authorisation requests within one hour and grant final authorisation within three hours at discharge. source:medium About the Current Status of Insurance Sector In India: The Indian insurance market is projected to hit USD …
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