Irdai asks insurers to share status of claims with policyholders from July 1
- The Insurance Regulatory and Development Authority of India (IRDAI) has advised all the insurance company to devise a framework to share the status of claims by developing a tracking mechanism for policyholders so as to enable them to know the status of their claim.
- IRDAI has said that insurers need to implement this claim tracking mechanism w.e.f July 01, 2019.