#Insurance Agents

IRDAI Proposes Commission Clawbacks to Curb Insurance Mis-Selling

The regulator's draft distribution reforms target bank bundling, enforce individual salesperson tracking, and impose stricter expense limits, triggering a massive sell-off in insurance and aggregator stocks.

Policy Seller Tagging: New IRDAI Rule Explained

IRDAI mandates policy seller tagging from Jan 1, 2027, requiring insurance policies, certificates, and proposal forms to display agent names and unique IDs to curb mis-selling and fix direct individual salesperson accountability across India.