New Delhi, July 25 (IANS) Insurance Regulatory and Development Authority of India (IRDAI) Chairman Ajay Seth on Saturday called for the complete removal of dark patterns from the insurance sector, saying transparent digital practices are essential to building consumer confidence and expanding insurance penetration in the country.Speaking at an event here, Seth said insurers should critically examine their digital platforms and customer journeys instead of treating compliance as a mere procedural…
Latest Ajay Seth News & Updates
Mumbai, June 30 (IANS) Insurance Regulatory and Development Authority of India (IRDAI) Chairperson Ajay Seth on Tuesday said that the regulator will soon issue fresh guidelines for banks to stop miss-selling of insurance products.Addressing the media at an event here, IRDAI chief stated that the ‘Bima Sugam’ platform is likely to be launched by September this year covering motor, health and term insurance. The website will kickstart with motor insurance, then move on to health and eventually…
Mumbai, April 28 (IANS) “Regulations have become highly micro in nature in India. Instead, we need to have the kind of ecosystem that rewards innovation, encourages you to scale fast and fail fast, that you can get up again and try again,” said Arundhati Bhattacharya, Chairperson & CEO, Salesforce – South Asia and Former Chairman, State Bank of India.She was speaking during the discussions at the Release of the Report on ‘Regulatory Governance: The Scope, 2026’, in Mumbai.“Regulators n…