On-line 25 hours renewal training for Broker Members May 22, 2019
All Broker Members,
We are pleased to inform that the IBAI On-line 25 hours Renewal Training for Broker Members has been receiving very good response from our Broker Members.
It has been IBAI’s endeavour to spread the Insurance knowledge to a larger section of employees of broking fraternity. Therefore has reduced the Training fee from Rs.2,000/- to Rs. 500/- plus GST 18% , to make the same affordable to more members and are encouraged to avail the Training facility established by the Association.
We are hereby encouraging all our members to patronise on-line training through IBAI established training facility to their employees, so that IBAI attains the unique status of largest online training centre.
Sr. Vice President
Webinar Lecture Series on Insurance for Broker Members March 2, 2019
Dear Broker Members,
Further to communication dated 27/2/2019 from President Shri Sanjay Kedia, the Association has taken an initiative of webinar Lecture series on Insurance, starting Friday, March 8, 2019.
The schedule of webinars till Jun 2019 is given below for your readily reference.
The first webinar to be held at 3.00 pm on 8/3/2019 will be on the important current topic “Impact of GIC circular on premium”.
All are requested to join on the appointed date and time.
Schedule of webinars and the guidelines are given below for information of Members.
Schedule of webinars for the period March to May 2019
S.no Topic Date of webinar Name of Speaker 1 Impact of GIC Circular on Insurance premium 8/3/2019 Sh Hari Radha Krishana (hari@amicusbrokers,com) 2 Cyber Risk 15/3/2019 Dr N Raveenderan email@example.com 3 Fire Insurance Coverage’s , Exclusions, Add On cover 12/4/2019 Members are invited to deliver talk on any of these topics. 4 Precautions to be taken while buying the Fire Insurance with case studies 26/4/2019 5 Claim settlement under fire Insurance with case studies 10/5/2019 6 Marine Cargo Insurance with all clauses 24/5/2019 7 Precautions to be taken while buying Marine cargo Insurance 14/6/2019 8 Claim and case studies of Marine Cargo insurance 28/6/2019
- The topics at serial no. 3 to 8 are tentative and can be changed as per member’s request.
- Duration of webinar will be of 60 -90 minutes. The speaker has to intimate in advance the duration of his talk.
- PPT is to be sent one week before the date of webinar.
- No remuneration will be paid to any speaker but memento i.e trophy with the speaker name will be awarded.
- The webinar on the topic “Claims” will be preferred from the Surveyor.
- All webinar will be recorded for future reference and will be available at the website of IBAI, the same can be listened by paying the nominal fees of Rs 100/- per webinar.
- Any specific query of the members may be sent to the speaker in advance or after the webinar at the email of the speaker with a copy to firstname.lastname@example.org
- IBAI will be maintaining the panel of speakers, interested Members are requested to submit their names along with the topic to Vice- President shri S. K. Jain at email@example.com and IBAI at firstname.lastname@example.org.
- The link of the webinar will be sent on the email id available at the website of IBAI, therefore, all member are requested to provide the correct email id.
IRDAI (Re-insurance) Regulations, 2018 December 13, 2018
All Composite and Reinsurance Broker Members
Notification dated December 5, 2018, – IRDAI (Re-insurance) Regulations, 2018 which will be effective 1-Jan-19, is attached for your information please.
Rewards to Intermediaries for FY 2018-19 – National Insurance Co. Ltd. October 4, 2018
All IBAI Members.
We are pleased to forward the above two attached Reward circulars issued by National Insurance Co. Ltd . for information.
Please note that-
Circular dated 11.6.2018 is in respect of Rewards for 1st & 2nd Quarter, 2018-19.
Circular dated 1.10.2018 is in respect of Rewards for 3rd & 4th Quarters of FY 2018-19.
We sincerely appreciate the efforts of Mr. Arvind Khaitan, Vice President, IBAI, in this regard.
Constitution of Working Group for revisiting the Surveyor Regulations September 27, 2018
All IBAI Members.
This is to invite your attention to below email of August 17, 2018, from President Mr. Sanjay Kedia inviting your comments and suggestions for changes and improvement on the Surveyor Regulations, addressed to all members.
While we have been in dialogue with Authority on the subject, look for your feedback also on the regulations which would be highly valuable for us, so that consolidated feedback all the members could be placed before IRDAI for their consideration.
Once again therefore, requesting all those who are yet to respond to kindly share your feedback with Shri Kishan Agrawal, Director & Treasurer, IBAI, at email@example.com who is spearheading this initiative, with a copy to firstname.lastname@example.org, within a week’s time and not later than October 6, 2018.
Online registration by IBAI Members June 7, 2018
All Broker Members
As you are aware that with regard to election of Directors on IBAI Board, e-voting provision has been incorporated in the AOA of IBAI. In order to implement the same, the data of members along with name of their nominated authorized person is required to be submitted to the Authorised Agency (CDSL) to mail the procedure of e-voting to respective members.
Therefore it is requested that all members may kindly fill in membership registration form available on home page of IBAI website www.ibai.org. by clicking existing user or new user as the case may be.
We also wish to inform as per provision in the Articles of Association of IBAI, the annual membership fee of the Association for the financial year 2018-19 is required to be paid before 30th June 2018, as otherwise the member will not be allowed to caste vote or contest in the election process.
There are also some members who have not paid fees for earlier years and have been sent reminders dated April 18, 2018 and those who have not responded so far are requested to deposit the same to avoid ineligibility for voting and contesting the election.
Members who have already done their membership registration on line on IBAI website may kindly ignore this email message.
Code of conduct for members May 4, 2018
CIRCULAR May 4, 2018
FAQ’s on Insurance Brokers Regulations 2018 March 25, 2018
Presentation on Brokers Regulations 2018 March 3, 2018A
IRDAI (Insurance Brokers) Regulations2018
New Delhi/Kolkatta /Mumbai/Chennai
Insurance Brokers Association of India
Online Renewal Training for Broker Members January 30, 2018
All Broker Members.
We are pleased to inform that the IBAI – Online Renewal Training for Broker Members was inaugurated by Shri T.S Vijayan, Chairman IRDAI, at the XIV Brokers Summit held at Taj Krishna, Hyderabad on January 24, 2018.
With this, a new chapter has been added with IBAI starting ‘online training for Broker Members’ for renewal of broker licence of members.
The fee payable for the online training programme is kept at Rs. 2,000/- only plus GST, per candidate.
Broker Members are kindly requested to register their names for the online renewal training through the training link provided for online brokers training on the home page of IBAI website.
We suggest all the members to opt for Renewal training facility established by IBAI for imparting quality training for the benefit of Member Brokers and for success of this initiative.
we trust that all broker members would support this initiative taken by the Association
Board of Directors of
Insurance Brokers Association of India
Insurance Brokers Regulations 2018 January 30, 2018
Location of New Office November 6, 2017
We are pleased to inform that for the first time IBAI will be moving to an independent office at a new location from November 6, 2017.
Location of New Office is at:
A –Z Industrial Premises,
1st Floor, Unit no. 165,
G.K. Marg. Lower Parel,
Mumbai – 400 013.
During the shifting process, there will be temporary restricted service available to IBAI members for a couple of days.
There will be telephone call transfer facility available from existing number for some time till we get a new Number (which will be intimated in due course) and you may continue to contact us on existing telephone number 22846544. The email id’s email@example.com and firstname.lastname@example.org and cell no. 9820045606, will continue to remain the same.
We will strive for providing the excellent service and look forward to your continued support..