Direct Tax
Consulting
ESG Advisory
Indirect Tax
Growth Advisory
Internal Audit
BFSI Audit
Industry Audit
Valuation
RBI Services
SEBI Services
IRDA Registration
AML Advisory
IBC Services
Recovery of Shares
NBFC Compliance
IRDA Compliance
Finance & Accounts
Payroll Compliance Services
HR Outsourcing
LPO
Fractional CFO
General Legal
Corporate Law
Debt Recovery
Select Your Location
The Insurance Surveyors and Loss Assessors are service providers closely associated with the Insurance Company. During the time of Insurance claims, the Surveyor and Loss Assessors are required to ascertain the damage and determine the genuineness of those claims. The Indian Regulatory Development Authority (IRDAI) authorizes individuals to act as Surveyors and Loss Assessors. There are two types of registration.
The following, inter alia, be the duties and responsibilities of the Insurance Surveyors and Loss Assessors.
The Insurance surveyor or loss assessor shall submit the report to the Insurer as soon as possible, at most 30 days.
The IRDAI (Insurance Surveyors and Loss Assessors) Regulation, 2015 provided a set of procedures to grant a license to Individual Insurance surveyors and Loss Assessors and Corporate surveyors.
Who can apply?
Any person who is a student member under these Regulations, 2015, and who intends to work as a Surveyors and Loss Assessors in a general insurance business may apply to the Authority for a grant of license in the Form as specified by the Authority.
The procedure is as follows
Insurance surveyors and Loss Assessors are insurance intermediaries licensed by IRDAI to manage, monitor, deal with the losses on behalf of the Insurer and Insured and, prepare a report thereon, and carry out the work under the code of conduct stipulated under the Law/Regulation. The procedure to obtain individual or corporate surveyors and Loss Assessors licenses shall incorporate with the Regulation.
Read our Article: IRDAI Amends Norms Related to Insurance Surveyors and Loss Assessors: Analysis
Gold loans are among the most popular loan types, particularly in rural India. Millions of peop...
The Reserve Bank of India (RBI) has recently issued new guidelines aimed at reducing unfair cha...
Corporate tax plays an important role in selecting the ideal location for setting up a business...
The United Arab Emirates (UAE) is recognized as the top global destination for innovation and i...
Did you or anybody in your family invest in Axis Bank Limited shares during the 1990s or early...
Are you human?: 8 + 8 =
Easy Payment Options Available No Spam. No Sharing. 100% Confidentiality
Before buying any insurance policy, one needs to check everything regarding the premium amount, extent of coverage...
04 Feb, 2023
Insurance Web Aggregator Regulators are insurance intermediaries that supervises and monitor a website for providin...
22 May, 2024