Insurance ombudsman

Topics Covered: Statutory, regulatory and various quasi-judicial bodies. Insurance ombudsman: Context: The government has amended insurance ombudsman rules. As per the new rules: Insurance brokers are now covered under ombudsman rules. Policyholders are now allowed to file online complaints. The scope of complaints has been enlarged to ombudsmen from only disputes earlier to deficiencies in service …

Insurance Ombudsman

Topics Covered: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. Insurance Ombudsman: Context: The Insurance Regulatory and Development Authority of India (IRDAI) has advised public sector general insurers to appoint a nodal officer each for the 17 insurance ombudsman offices to ensure proper and timely disposal of complaints. About …