1. This has reference to guidelines issued by the Authority on Point of Sales Person (POS) vide its Circular Nos. IRDA/Int/GDL/ORD/183/10/2015  dt. 26.10.2016, IRDA/LIFE/GDL/GLD/222/11/2016 dt. 07.11.2016 No. IRDAI/INT/CIR/PSP/130/06/2017  dt. 05.06.2017 and No. IRDAI/LIFE/CIR/MISC/215/12/2019 DT.02.12.2019 wherein the   sponsoring entities have been advised to submit data pertaining to Point of Sales to the Authority.

2. In order to streamline the process of the submission and generate MIS reports a provision has been made at https://pos.iib.gov.in   portal to upload the half yearly data.

3. Insurers and insurance intermediaries are therefore advised to upload the Half yearly data on POS portal commencing from the financial year 2020-21.  The half yearly data upto September shall be uploaded by 31.01.2021 and the data upto   31.03.2021  by 30.04.2021.   In future the half yearly data upto 30/09 shall be uploaded on or before 30/10 and data upto 31/3 by 30/4.

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This entry is part 15 of 16 in the series February 2021 - Insurance Times

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