Committee to prepare Draft IRDAI (Insurance Electronic Marketplace)Regulation, 2023

Azadi 2BE INSURANCE REGULATORY AND mr dt a M ua &h .:o t ss ga ev rd ivang civauwssrysiiarrcsl/ef,a tDaEe1V9E5L/1O 1P/M20E2N3 T AUTHORITY OF INDIA Ref. No.: IRDAIGA&HR/ORD/MISC/195/1 1/2023 fesie / Date: 3-11-2023 SIe2l

ORDER feftiea oar vt ufba & unt & wo A et Sot eta OS oT Va Harel STAT aura ol ufeeierant, dt aural sift ot Aafe eo F faftra Gal Gate Ey faw dian sda STARR Roki Set Scemat a wile Sag of arate fare fe saa Wier & fare & few sagan fafa eran (aa / faaa) SUA HAT VAT | As part of the digital journey process, the insurance stakeholders proposing to set-up a company which would develop an Insurance Electronic Marketplace for providing various services to the policyholders, insurance stakeholders etc. in a seamless manner. The stakeholders have further requested the Authority to provide necessary regulatory framework (rules / regulations) for development of the platform.

2. Gudad a ar F ted Sa epg ach Be fone BSY,h sailgeai nsrleuead ngSe GwIerT WSecm lBacAiYe aS TtgIaR P)ea rf aefqTaH, 2023 I In view of the above, a Committee consisting of the following members have been constituted to prepare the Draft IRDAI (Insurance Electronic Marketplace) Regulations, 2023:- ) St Anat, odor Rese faa a Paap, agamesiwang - sera, Dr. Mamta Suri, Executive Director (F&l), IRDAI - Chairperson;

i) Yat. Hat part, Heont festa Glas), HSNSWals - Way;

Ms. J. Meena Kumari, Executive Director (Life), IRDAI - Member; ii) ft corto Re oeTare, mont Pexe, Actas four, sngenswang - Tae Mr. Randip Singh Jagpal, ED, Non-Life Department, IRDAI - Member; iv) stad afecart, dsai, cer vsigu ae sana spurt faftres - Tae Mr. Naveen Tahilyani, CEO, Tata AIA Life Insurance Company Ltd. - Member;

vy) Sat aiaru, oo. Heda ath, sigsixetusis - Wak:

Ms. Sageena A., Dy. General Manager (Legal), IRDAI - Member; vi) Mt heatat, Tee Hed Ay sixes, sngardivans - war wala Mr. Keshava Rao A., Asst. General Manager (Team InsurTech), IRDAI - Member Convenor

3. Ufa snes ant oer wt fafa a 7 feat wt srafs o afar aigaixsluang HT selaclw TRIM) faa4, 2023 HT sits URSU Wedd PUT The Committee would submit the Final Draft of IRDAI (Insurance Electronic Marketplace) Regulations, 2023 within a period of 7 DAYS from the date of issuance of the Order.

4. Sagas Uflont or sales wee eI This has approval of the Competent Authority. csraja| Za Fel Hema / CGM (S1.U. & ALS.) / (GA & HR) ad 4. 115/1, wredtirre feftere, arerayer, FztTaTe-500 032, HMA | Survey No. 115/1, Financial District, Nanakramguda, Hyderabad-500 032, India @ :+91-40-20204000 aaaree : www.irdai.gov.in @® : +91-40-20204000 Website: www.irdai.gov.in