Insurance regulator Irdai Unveils Portal For Insurers to Sell Policies Online
Insurance regulator Irdai has launched a web portal for insurers that will allow them to register and sell policies online. The portal isnp.irda.gov.in is also open to intermediaries in insurance business, Irdai said in a circular.
Last month Insurance Regulatory and Development Authority of India (Irdai) issued guidelines on e-commerce for insurance sector.
Announcing the launch of registration portal for Insurance Self Networking Platform (ISNP), Irdai said insurance companies, brokers and corporate agents can sell and service insurance policies through this platform. Insurers and intermediaries can create a login credential for registration and submit ISNP application form on the portal.
In its guidelines issued in March, Irdai had said that companies may offer discount...
