Irda constitutes another panel on intermediation

Insurance regulator, Irda has formed another committee to relook at the existing regulatory architecture on bancassurance intermediation model and suggest modifications for improving its working. The committee may submit the report in a period of two months for the consideration of the authority. The members of the committee are, Deepak Satwalekar, retd CEO of HDFC Standard Life Insurance, GV Rao, former CMD, Oriental Insurance company, SV Mony, non ex-chairman, Cholamandalam General Insurance Company,Sandeep Bakshi, former CEO, ICICI Lombard, R Krishnamurthy, managing director, Watson Wyatt, NM Govardhan, ex chairman, Life Insurnace Corporation,A Giridhar, executive director, IRDA (convenor). Apart from examining recommendations ...

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