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Distribution reforms won’t disrupt channels: Irdai Chairman Ajay Seth

  • Posted on September 26, 2026
  • By Financial Express
  • 1 Views
  • 1 min read
In brief

The Insurance Regulatory and Development Authority of India is implementing significant distribution reforms to modernize the insurance sector's sales infrastructure. These changes focus on streamlining the distribution model, recalibrating commission structures to better reflect actual sales performance, and enhancing overall quality of insurance products sold to consumers. The regulatory framework seeks to create a more efficient ecosystem without causing major disruptions to existing distribution channels. Public consultation remains open through October 25, with enforcement anticipated in early 2027.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Distribution reforms won’t disrupt channels: Irdai Chairman Ajay Seth
Distribution reforms won’t disrupt channels: Irdai Chairman Ajay Seth

IRDAI’s proposed insurance distribution reforms aim to simplify architecture, align commissions with effort, and improve sales quality, with new rules possibly effective from early 2027. Public feedback is open until October 25.
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Author
Financial Express

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