Grievance Redressal Mechanism IRDA - 2017 2018 MBA
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Old 24th December 2016, 04:19 PM
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Default Grievance Redressal Mechanism IRDA

I have some official work in Insurance Regulatory and Development Authority (IRDA) and want some details. Can you provide me Grievance Redressal Mechanism details of IRDA so that I get more information also provide me functions and contact details of this IRDA corporation?
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Old 24th December 2016, 04:29 PM
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Default Re: Grievance Redressal Mechanism IRDA

The Insurance Regulatory and Development Authority (IRDA) is a national agency of the Government of India and is based in Hyderabad (Andhra Pradesh).

Grievance Redressal Mechanism IRDA






Functions of IRDA:

IRDA is the regulatory authority of insurance business its functions are

protecting interest of policy holders
specifing proper training
qualification etc to insurance people
levying fees
commision etc
for conducting insurance business
specifing the manner in which insurance company maintain their books of accounts
specifing margin of solvency
specifing general and life insurance business which company can take

Contact:

Head Office :

Insurance Regulatory and Development Authority of India
3rd Floor, Parisrama Bhavan, Basheer Bagh HYDERABAD 500 004
Telangana State (INDIA )

Ph: (040) 23381100
Fax: (040) 6682 3334
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