IRDAI Vision 2047 Objective:
September 23, 2023 2023-09-23 3:57IRDAI Vision 2047 Objective:
IRDAI Vision 2047 Objective:
✅ Insurance for All by 2047
✅ It also aims to make the Indian insurance sector globally attractive Pillars.
✅ Insurance customers (Policyholders)
✅Insurance providers (insurers)
✅ Insurance distributors (intermediaries)Focus Areas:
✅Making available the right products to the right customers
✅ Creating a robust grievance redressal mechanism
✅ Facilitating ease of doing business in the insurance sector
✅Ensuring the regulatory architecture is aligned with the market dynamics
✅ Boosting innovation
✅ Competition and distribution efficiencies while mainstreaming technology and moving towards a principle-based regulatory regime.