In FY25, the gross commission paid to agents and intermediaries stood at approximately 7% of the total premium collected, ...
Discover how contingent commissions work in insurance, why they cause conflict, and their history, offering insights into regulations and ethical practices.
FL, UNITED STATES, June 23, 2025 / EINPresswire.com / -- BetterLifeQuotes.com, the life insurance platform built for agents, is proud to announce its latest offering—independent life insurance agents ...
Learn how a broker of record impacts insurance policies, their roles, and what a broker of record letter entails. Find out about the benefits and process involved.
Outlook Money on MSN
The cost of trust: Why India still buys insurance from the neighbourhood uncle
Agent commissions remain central because insurance products are complex and trust-driven, especially outside metros.The ...
Speaking to a news channel, M Nagaraju, Secretary, Department of Financial Services, said that the Insurance Regulatory and ...
Flexibility in a life insurance policy is a great benefit for customers. It’s a big reason why the wide range of universal life products have been so popular. Drew Gurley However, flexibility in ...
The Insurance Regulatory and Development Authority of India (IRDAI) is likely drawing up a framework to cap commissions paid ...
The decision was announced in a circular issued on 23 December, aimed at protecting policyholders’ interests, strengthening insurers’ financial health, and restoring discipline in the insurance market ...
Medicare Annual Enrollment Period begins Wednesday and Humana announced late last week that it will not use agents to sell its prescription drug plans. Effective Nov. 9, all Humana prescription drug ...
United News of Bangladesh on MSN
Individual agent commissions banned in non-life insurance from tomorrow
In a landmark move to reform the insurance sector, the Insurance Development and Regulatory Authority (IDRA) has suspended the licenses of all individual agents in the non-life insurance category, ...
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