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IRDAI to implement distribution reforms only after consensus, says Chairman

Updated On: 27 October, 2026 05:53 PM IST | Mumbai | mid-day online correspondent

IRDAI had issued a consultation paper on 'Recalibrating Economics of Insurance Distribution' mapping out a comprehensive framework of reforms covering insurance distribution, its structure, expenses, commissions, market conduct, transparency and leveraging digital infrastructure

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Representational Image. File pic.

Representational Image. File pic.

The Insurance Regulatory and Development Authority of India (IRDAI) Chairman Ajay Seth on Tuesday assured the insurance sector that the proposed changes in the distribution framework will be implemented only after reaching a consensus, according to news agency PTI.

He said he has been meeting people since the release of the discussion paper on distribution reforms last month.

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