https://www.taxtmi.com/acts?id=54576 A managing general agent is required to maintain a Board-approved policy governing solicitation, underwriting, claims settlement in direct insurance business, and acceptance of risk-servicing insurance policies, including suitability requirements. The policy must also cover multiple tie-ups, product types, mode of solicitation, grievance redressal, reporting requirements, and other business-segment requirements. The Board must review the policy at least once every three years. en-us Tue, 16 Jun 2026 16:20:03 +0530 Tue, 16 Jun 2026 16:20:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54576 A managing general agent is required to maintain a Board-approved policy governing solicitation, underwriting, claims settlement in direct insurance business, and acceptance of risk-servicing insurance policies, including suitability requirements. The policy must also cover multiple tie-ups, product types, mode of solicitation, grievance redressal, reporting requirements, and other business-segment requirements. The Board must review the policy at least once every three years. Act-Rules Indian Laws Tue, 16 Jun 2026 16:20:03 +0530 https://www.taxtmi.com/acts?id=54576