View Full Version : IRDA - Insurance Regulatory and Development Authority

27th January 2009, 04:36 AM
Insurance Regulatory and Development Authority (IRDA) is the administrative agency for Indian insurance industry, and was formed by the Government of India for the supervision and development of the insurance sector in India. The Insurance Regulatory and Development Authority was legally established by the IRDA Act which was enacted by the Indian Parliament in 1999.

The mission of Insurance Regulatory and Development Authority (IRDA) is to protect the interests of the policyholders, to regulate, promote and ensure orderly growth of the insurance industry and for matters connected therewith or incidental thereto.

The main Indian judicial acts governing insurance in India are:
The Insurance Act 1935 (DOC - 942KB) (http://www.irdaindia.org/regulations/TheInsuranceAct1938er126042004.doc)
IRDA Act 1999 (ZIP - 32.4KB) (http://www.irdaindia.org/IRDA_ACT_1999.zip), and
IRDA (micro-insurance) Regulations 2005 (696 KB) (PDF) (http://www.irdaindia.org/regulations/IRDA-Mirco-Ins_reg-2005.pdf)
Addresses/Contact Information of offices of IRDA in India:

Head Office :
Insurance Regulatory and Development Authority
3rd Floor, Parisrama Bhavan, Basheer Bagh
Hyderabad 500 004
Andhra Pradesh, India.

Phone: (040) 23381100
Fax: (040) 6682 3334
Website: http://www.irdaindia.org

Delhi Office:
Insurance Regulatory and Development Authority
Delhi Office Gate No. 3
Jeevan Tara Building, First Floor
Sansad Marg, New Delhi-110001

Phone: (011) 2374 7648
Fax: (011) 2374 3397

Online Links:

More About IRDA: http://www.irdaindia.org/about.htm

Rules & Regulations: http://www.irdaindia.org/regulations.htm

List of Insurers & Reinsurers: http://www.irdaindia.org/insurers.htm

Micro Insurance Information: http://www.irdaindia.org/micro_main.htm

Products offered by Life Insurers : http://www.irdaindia.org/productlist.htm

Approved Agent Training Institutes: http://www.irdaindia.org/ati.htm

Insurance Brokers List: http://www.irdaindia.org/ibmain.htm

Corporate Agents: http://www.irdaindia.org/camain.htm

Insurance Councils : http://www.irdaindia.org/ins_councilmain.htm

Insurance Ombudsmen : http://www.irdaindia.org/ins_ombusman.htm

Insurance Grievance Cell: http://www.irdaindia.org/grievancescell.htm