Mis-Selling, Rising Costs & Fragile Trust: IRDAI’s Swaminathan Iyer Flags Major Insurance Gaps

By NDTV Profit

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IRDAI Member Swaminathan Iyer has flagged concerns over fragile customer trust, mis-selling and rising distribution costs in India's insurance sector. Iyer said distribution remains heavily concentrated in Tier-1 and Tier-2 cities and stressed the need to expand insurance availability across India. He also explained the thinking behind the consultation paper, including additional incentives for expanding into new markets and a focus on “rewards on delivery”. Watch his key remarks on insurance distribution, commissions, customer interest and the proposed revamp. #IRDAI #Insurance #SwaminathanIyer #InsuranceIndia #MisSelling #FinancialServices #NDTVProfit For more videos subscribe to our channel: https://www.youtube.com/@NDTVProfitIndia Visit NDTV Profit for more news: https://www.ndtvprofit.com/ Don't enter the stock market unaware. Read all Research Reports here: https://www.ndtvprofit.com/research-reports Follow NDTV Profit here Twitter: https://twitter.com/NDTVProfitIndia , http

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