Irdai forms new advisory panel for insurance guidance

The Insurance Regulatory and Development Authority of India (Irdai) has announced the formation of a new advisory panel. This panel will help guide the organization on important issues related to insurance and regulation in India. The new panel consists of experts from various fields. They will offer their insights and advice to support Irdai’s mission. The aim is to improve the insurance sector and enhance consumer protection. Irdai is responsible for regulating and promoting the insurance industry in India. The organization plays a vital role in ensuring fair practices and maintaining public trust in insurance providers. The advisory panel is expected to help in achieving these goals.