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Digital insurance distribution by managing general agents is permitted through online platforms, subject to specified conditions and procedures. Managing general agents may sell insurance through digital modes by agreement with foreign insurers, including through web portal links or an insurance self-network platform. Digital solicitation is permitted subject to conditions specified by the Competent Authority, and sales initiated through online or offline leads and completed by tele-marketing are to follow the procedure specified by the Competent Authority.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Digital insurance distribution by managing general agents is permitted through online platforms, subject to specified conditions and procedures.
Managing general agents may sell insurance through digital modes by agreement with foreign insurers, including through web portal links or an insurance self-network platform. Digital solicitation is permitted subject to conditions specified by the Competent Authority, and sales initiated through online or offline leads and completed by tele-marketing are to follow the procedure specified by the Competent Authority.
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