The Centre has planned major amendments to the Insurance Ombudsman Rules, 2017, including changing the name ombudsman to 'Insurance Ombudsman'. Insurers may have to pay up to Rs 20 lakh in ...

In FY26, Insurance Ombudsmen resolved 41,055 complaints, with 79% favoring policyholders, emphasizing improved grievance redressal.

https://www.thehindubusinessline.com/money-and-banking/insurance-company-or-broker-may-need-to-pay-penalty-compensation-for-mental-harassment-to-policy-holder ...

Insurance grievances can be frustrating, especially when your claim is rejected, delayed, or unresolved. To help individual policyholders resolve such issues efficiently and cost-effectively, the ...

Insurers and intermediaries are currently in discussions with the Insurance Regulatory and Development Authority of India (IRDAI) on issues such as staffing, infrastructure expansion, and disposal ...

Insurance Ombudsmen resolved 41,055 grievances in FY26, with 79% favoring policyholders, ensuring accessible grievance redressal, says IRDAI.

'By quick, fast, and just awards, the insurance ombudsman can bring the trust of the policyholders in the insurance system and insurance as a product and create a positive impact on the entire ...