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Hero Insurance Broking fined by Irdai for damages
According to the Insurance Regulatory and Development Authority of India, it has gotten complaints from policyholders over how some of the motor insurance service providers backed by insurers and insurance intermediaries were pressuring their customers to buy motor insurance policies of the insur...
Irdai has charged Hero Insurance Broking for damaging standards
Irdai said it got grievances from policyholders that a portion of the engine protection specialist organizations (MISPs) supported by safety net providers, and protection go-betweens were driving clients to purchase engine protection arrangements of the backup plans who are on their board. In its...