In an effort to cut down unauthorized and unqualified personnel’s involvement in solicitation process at some of the insurance broking firms, the Insurance Regulatory and Development Authority has constituted a committee to constantly update syllabus and training methods for personnel employed with insurance brokerage houses.
IRDA Chairman TS Vijayan said, “In this context, the regulator has constituted a committee to update prescribed syllabus and to identify the efficient cost-effective ways of ensuring easy access, including online modes, to cater to the continuing training and educational needs of insurance broker personnel.”
Vijayan was delivering his keynote address at a summit organised by Insurance Brokers Association of India at Hyderabad recently.
