https://www.taxtmi.com/acts?id=54600 Code of conduct for a Managing General Agent requires integrity, professionalism, due care and diligence, primary fiduciary duty to the foreign insurer, and fairness and transparency to policyholders. The MGA must maintain a Board-approved conflict management policy, segregate group activities, make required disclosures, ensure truthful advertising, and prevent mis-selling by matching products to client needs. It must also assign day-to-day responsibility to a fit and proper Principal Officer or Branch Head, retain records under a Board-approved policy, and facilitate audits by the foreign insurer. en-us Tue, 16 Jun 2026 16:30:50 +0530 Tue, 16 Jun 2026 16:30:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54600 Code of conduct for a Managing General Agent requires integrity, professionalism, due care and diligence, primary fiduciary duty to the foreign insurer, and fairness and transparency to policyholders. The MGA must maintain a Board-approved conflict management policy, segregate group activities, make required disclosures, ensure truthful advertising, and prevent mis-selling by matching products to client needs. It must also assign day-to-day responsibility to a fit and proper Principal Officer or Branch Head, retain records under a Board-approved policy, and facilitate audits by the foreign insurer. Act-Rules Indian Laws Tue, 16 Jun 2026 16:30:50 +0530 https://www.taxtmi.com/acts?id=54600