BusinessIBAI Opposes IRDAI Distribution Reforms, Seeks PM Modi's Intervention
The Insurance Brokers Association of India (IBAI) has opposed the Insurance Regulatory and Development Authority of India's (IRDAI) proposed reforms on insurance distribution. IBAI warns that these changes could put 10 lakh livelihoods at risk, particularly affecting brokers and auto dealers. They have appealed to Prime Minister Narendra Modi to intervene in the matter to protect the interests of insurance agents.
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