Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy
Contact Info
Unit 266, 267 & 268, Tower B1, Spaze Itech Park Sohna Road Gurugram, Haryana 122018 connect@complinity.com +91 8181 900 600
Follow Us

A Multi-Concept Theme for Digital Agencies and Startups

8181 900 600 Request a Demo Login
logo dark logo light logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Contact Sales
logo dark logo light logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Contact Sales
Mobile Logo
  • Products
    • Compliance Management Software
    • Contract Management Software
    • Secretarial Compliance Software
    • Litigation Management Software
    • Audit Management Software
    • Internal Financial Control Software
    • Enterprise Risk Management Software
  • Pricing
  • Industries
    • Pharmaceutical
    • Hospitality
    • BFSI
    • Manufacturing
    • NBFC
    • Renewable Energy
    • Agriculture
    • ITeS
    • Real Estate
    • Automobile
  • Legal Updates
  • Blogs
  • Videos
  • Downloads
  • Careers
Industry Specific - Insurance Central Insurance Regulatory Development Authority Insurance Act, 1938

Press release on Reforms in General Insurance Business

11-Jun-2024 | NA

The Insurance Regulatory Development Authority of India has issued Press release on Reforms in General Insurance Business informing issuance a comprehensive Master Circular on General Insurance Business repealing thirteen circulars. The new guidelines aim to simplify and personalize insurance solutions, ensuring a seamless customer experience and operational ease for insurers in a de-tariffe regime. Key highlights include: Wider Product Choices and Customization: Customers can now choose from a broader range of products and add-ons tailored to cover assets, risks, and liabilities against various perils. This flexibility allows for greater customization based on individual needs. Customer Information Sheet (CIS): A new CIS will provide clear and concise policy details, including coverage scope, exclusions, warranties, and claim settlement processes, ensuring transparency and better understanding for policyholders. Document Submission Simplification: Claims cannot be rejected due to document deficiencies. Necessary documents will be requested during underwriting, and only essential documents will be required for claim settlement if cashless options are unavailable. Policy Cancellation: Retail customers can cancel their policies anytime by informing the insurer. Insurers can cancel policies only on grounds of established fraud, with proportionate premiums refunded for the unexpired period Strict Timelines: Insurers must adhere to strict timelines for appointing surveyors and obtaining their reports. Ensuring timely surveys reports is the insurer?s responsibility.

Upgrade to paid version to access the Notification, Circular & Rules along with the checklist

Get Legal Updates in your email

Request a Demo

Recent Posts in Corporate Laws

Corporate Laws

IFSCA issues Master Circular for recognised Stock Exchanges and recognised Clearing Corporations

05-Jun-2026 | IFSCA/CMD/MIIT/MCSECC/2026-27

IFSCA has issued Master Circular for recognised Stock Exchanges and recognised Clearing Corporations Key highlights of this circular are: 1

Read More
Corporate Laws

RBI issues circular regarding Investments by Foreign Portfolio Investors in Government Securities

05-Jun-2026 | RBI/2026-27/97

RBI has issued circular regarding Investments by Foreign Portfolio Investors in Government Securities Key highlights of this circular are:

Read More
Corporate Laws

CERSAI issues notification regarding CKYCRR 2.0 API integration & Reporting entity onboarding guide

05-Jun-2026 | CKYC/NOTIF/2026/01

CERSAI has issued notification regarding CKYCRR 2.0 API integration & Reporting entity onboarding guide Through this notification, 2.0 vers

Read More
Corporate Laws

FEMA issues Foreign Exchange Management (Export of Goods and Services) (First Amendment) Regulations, 2026

05-Jun-2026 | Notification No. FEMA 23(R)/(8)/2026-RB

FEMA has issued Foreign Exchange Management (Export of Goods and Services) (First Amendment) Regulations, 2026 Through this notification, u

Read More

Recent Posts

Corporate Laws

IFSCA issues Master Circular for recognised Stock Exchanges and recognised Clearing Corporations

05-Jun-2026 | IFSCA/CMD/MIIT/MCSECC/2026-27

IFSCA has issued Master Circular for recognised Stock Exchanges and recognised Clearing Corporations Key highlights of this circular are: 1

Read More
Corporate Laws

RBI issues circular regarding Investments by Foreign Portfolio Investors in Government Securities

05-Jun-2026 | RBI/2026-27/97

RBI has issued circular regarding Investments by Foreign Portfolio Investors in Government Securities Key highlights of this circular are:

Read More
Corporate Laws

CERSAI issues notification regarding CKYCRR 2.0 API integration & Reporting entity onboarding guide

05-Jun-2026 | CKYC/NOTIF/2026/01

CERSAI has issued notification regarding CKYCRR 2.0 API integration & Reporting entity onboarding guide Through this notification, 2.0 vers

Read More
Corporate Laws

FEMA issues Foreign Exchange Management (Export of Goods and Services) (First Amendment) Regulations, 2026

05-Jun-2026 | Notification No. FEMA 23(R)/(8)/2026-RB

FEMA has issued Foreign Exchange Management (Export of Goods and Services) (First Amendment) Regulations, 2026 Through this notification, u

Read More
Request a Demo

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy

Complinity Logo Transparent

Complinity is a comprehensive cloud-based Compliance Management Software that helps track and monitor statutory and regulatory compliances.

Quick Links
  • Compliance Software
  • Regulatory Compliance Software
  • Statutory Compliance Software
  • Compliance Tracking Software
  • Legal Updates
Contact Info
Unit 266, 267 & 268, Tower B1
Spaze Itech Park, Sohna Road
Gurugram, Haryana 122018
connect@complinity.com
+91 8181 900 600

Request a Demo

© 2026 Complinity Technologies Private Limited. | Privacy Policy | Data Processing Addendum

Design & Developed By  Infinite IT Solutions

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy
Powered by EssentialPlugin

Request a Demo

By clicking Submit, you acknowledge that you have read and agree with the Privacy Policy

Thank You for your interest in Complinity. Your CV has been forwarded to HR.
In case your profile is shortlisted, HR shall contact you.