Irdai chairman Ajay Seth emphasized the need to trace every insurance sale to individual salespeople, aiming to curb mis-selling and enhance accountability within the industry.
IRDAI chairman's proposal aims to combat insurance mis-selling
Jul 26, 2026
01:23 pm
What's the storyAjay Seth, the chairman of the Insurance Regulatory and Development Authority of India (IRDAI), has proposed an approach to combat mis-selling in the insurance sector.
He suggested that every policy should be traceable back to an individual point of sales person (POSP), agent, or salesperson.
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Ajay Seth appointed as IRDAI chairman for three years, ensuring protection of policyholders and growth of insurance industry.
