New Delhi, April 14 (PTI): The Insurance Regulatory Development Authority (IRDA) has launched a web portal for insurers to allow them to register and sell policies online.
The portal - isnp.irda.gov.in - is also open to intermediaries in the insurance business, the IRDA said in a circular.
Last month, the IRDA had issued guidelines on e-commerce for the insurance sector.
Announcing the launch of registration portal for Insurance Self Networking Platform (ISNP), the regulator said insurance companies, brokers and corporate agents can sell and service policies through this platform. Insurers and intermediaries can create a login for registration and submit the ISNP application form on the portal.
The portal will offer a host of services, including change of policy details such as name and address, collection of renewal premium, surrender or withdrawals, fund switch, revival or cancellation or transfer, duplicate policy request and death/maturity claim.