Latest Updates

Amendment to Insurance Ombudsman rules

To,All Broker Members, Dear Sirs, The government has amended insurance ombudsman rules, bringing insurance brokers within their ambit and also allowed policyholders to file online complaints. The amended rules have enlarged the scope of complaints to ombudsmen from only disputes…

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Frequency of exams for BQP

To, All IBAI Members Dear IBAI Members, Greetings from IBAI! Wishing you all a blessed successful New Year 2021. We are pleased to inform after continuous  follow up by IBAI with National Insurance Academy (NIA) for increasing the frequency of…

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Results Of IBAI Election of Board of Directors-2020

To,All IBAI Members We are pleased to announce the results of Election of IBAi Directorsheld at the Annual General Meeting held on September 24, 2020.. Following are the results: 1. Mr. Sundaram Venkatavaradan representingAbhivridhi Insurance Brokers Pvt. Ltd.,  elected as Director from the West Zone 2. Mrs.Rashmi…

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Continuity of Insurance Policies

Continuity of Insurance Policies We would like to bring to the attention of policyholders that the Standard Fire and Special Perils Policy(commonly known as property policy)has the following condition: “Under any of the following circumstances the insurance ceases to attach…

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