What Brokerages Are Saying About IRDAI’s Sweeping Insurance Distribution Reforms

As part of wide-ranging reforms aimed at making insurance distribution more transparent and customer-centric, IRDAI has issued a consultation paper on 'Recalibrating Economics of Insurance Distribution', setting out a comprehensive framework of reforms covering insurance distribution, its structure, expenses, commissions, market conduct, transparency and leveraging digital infrastructure. Here's what brokerages are saying about the possible impact.

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