IRDAI Launches Central Database of Insurance Sales Persons

The Insurance Regulatory and Development Authority of India (IRDAI) has launched a Central Database of all Insurance Sales Persons in the country.

Named as `Envoy’, the database will ensure that all licensed insurance sales persons working for insurers and intermediaries including entities such as insurance agents, broker qualified persons, specified persons of corporate agents do not work with multiple insurers and intermediaries in the same business category.

Important Takeaways From Above News-

  • Chairman of IRDAI is TS Vijayan.
  • Headquarter of IRDAI is in Hyderabad, Telangana.
Source- The Hindu

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