Insurance Regulatory And Development Authority Hyderabad

Insurance Regulatory And Development Authority Hyderabad
The Insurance Regulatory and Development Authority (IRDA) is a national agency of the Government of India, based in Hyderabad. It was organized by an act of Indian Parliament famous as IRDA Act 1999, which was amended in 2002 to incorporate some emerging requirements.

Organization of IRDA as stated in the act is “to protect the interests of the policyholders, to regulate, encourage and ensure orderly development of the insurance industry and for matters linked therewith or incidental thereto. In 2010, the Government of India ruled that the Unit Linked Insurance Plans (ULIPs) will be governmed by IRDA, and not the market regulator Securities and Exchange Board of India.

Address
Insurance Regulatory And Development Authority
Hyderabad india
Phone No: +91- 40-2338 1100
Fax No: +91- 40-6682 3334

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