The Insurance Regulatory & Development Authority of India (Irdai) on Wednesday proposed setting up an internal insurance ombudsman for insurance companies -- except reinsurers-- with over three years of operation, to address unresolved complaints.
The ombudsman will have power to hear complaints for claims up to Rs 50 lakhs.
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on Thu, 24 Jul 2025 12:42:24 +0530
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Tags: Irdai proposes internal ombudsman to address claims up to Rs 50 lakh
