IRDAI extends window for feedback on proposed insurance distribution reforms — check new deadline

The Insurance Regulatory and Development Authority of India (IRDAI) has extended the deadline for public feedback on its proposed insurance distribution reforms. The new deadline is March 31, 2023.

The proposed reforms aim to streamline the distribution of insurance products and enhance customer protection. They include measures like increasing the role of digital channels and promoting transparency in insurance sales.

The extension of the feedback window is expected to provide more time for stakeholders to review and comment on the proposed changes.