Sunday, April 11, 2021
  • About
  • Advertise
  • Careers
Scoftware Magazine
  • Home
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Entertainment
  • Login
No Result
View All Result
Scoftware Magazine
Home Business

Centre amends Insurance Ombudsman Rules; consumers can now file complaints digitally

Jaleel M. by Jaleel M.
March 3, 2021
in Business
0
Centre amends Insurance Ombudsman Rules; consumers can now file complaints digitally
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter


Policyholders will now be enabled for making complaints electronically to the ombudsman and a complaints management system will be created to enable policyholders to track the status of their complaints online

Related posts

Market Roundup: Nifty, Sensex snap three-day winning streak as banks, finance stocks slide; today’s top gainers and losers

Market Roundup: Nifty, Sensex snap three-day winning streak as banks, finance stocks slide; today’s top gainers and losers

April 9, 2021
Market Roundup: Sensex ends 84 pts higher after choppy day; check the top gainers and losers here

Market Roundup: Sensex ends 84 pts higher after choppy day; check the top gainers and losers here

April 8, 2021

Centre amends Insurance Ombudsman Rules; consumers can now file complaints digitally

Representational Image. PTI

New Delhi: The government has amended insurance ombudsman rules, bringing insurance brokers within their ambit and also allowed policyholders to file online complaints, the finance ministry said on Wednesday.

The amended rules have enlarged the scope of complaints to ombudsmen from only disputes earlier to deficiencies in service on the part of insurers, agents, brokers and other intermediaries.

The government on March 2 notified comprehensive amendments to the Insurance Ombudsman Rules, 2017, with a view to improving the working of the insurance ombudsman mechanism to facilitate the resolution of complaints regarding deficiencies in insurance services in a timely, cost-effective and impartial manner.

Under the amended rules, the timeliness and cost-effectiveness of the mechanism have been substantially strengthened.

Policyholders will now be enabled for making complaints electronically to the ombudsman and a complaints management system will be created to enable policyholders to track the status of their complaints online. Further, the ombudsman may use video-conferencing for hearings.

“Further, insurance brokers have been brought within the ambit of the Ombudsman mechanism, by empowering the Ombudsmen to pass awards against insurance brokers as well,” the ministry said.

“A number of amendments have been made for securing the independence and integrity of the ombudsman selection process, while also building in safeguards to secure the independence and impartiality of the appointed persons while serving as Ombudsmen,” the ministry said.

Further, the selection committee will now include an individual with a track record of promoting consumer rights or advancing the cause of consumer protection in the insurance sector.

The ombudsman mechanism was administered by the Executive Council of Insurers, which has been renamed as the Council for Insurance Ombudsmen.

Subscribe to Moneycontrol Pro at ₹499 for the first year. Use code PRO499. Limited period offer. *T&C apply



Source link

Previous Post

Market roundup: Sensex reclaims 51,000 mark, Nifty above 15,000 level; banks, metals lead charge

Next Post

Google vows no new user tracking in Chrome ad data changes

Next Post
Google vows no new user tracking in Chrome ad data changes

Google vows no new user tracking in Chrome ad data changes

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Future Retail has requested a tribunal to obtain key permission for its asset sale of $3.4 billion to Reliance Industries

Future Retail has requested a tribunal to obtain key permission for its asset sale of $3.4 billion to Reliance Industries

2 months ago
WhatsApp users can soon be able to change its app colours

WhatsApp users can soon be able to change its app colours

1 week ago
Paul Oakenfold & Luis Fonsi share music video for ‘The World Can Wait’

Paul Oakenfold & Luis Fonsi share music video for ‘The World Can Wait’

8 months ago
About #DhoniRetires Tweet, Sakshi Opens Up During Chat With CSK

About #DhoniRetires Tweet, Sakshi Opens Up During Chat With CSK

10 months ago

FOLLOW US

  • 85 Followers
  • 29.5k Followers
  • 113k Subscribers

BROWSE BY CATEGORIES

  • Business
  • Culture
  • Entertainment
  • Lifestyle
  • Music
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Tech
  • Travel
  • World News

BROWSE BY TOPICS

2018 League Balinese Culture Bali United Budget Travel Champions League Chopper Bike Doctor Terawan Istana Negara Market Stories National Exam Visit Bali

POPULAR NEWS

  • Kris Jenner Spills Details About Her Sex Life With Corey Gamble: Watch

    Kris Jenner Spills Details About Her Sex Life With Corey Gamble: Watch

    0 shares
    Share 0 Tweet 0
  • Common Saints Release New Single “Idol Eyes”

    0 shares
    Share 0 Tweet 0
  • Sam Heughan & Graham McTavish Are Men in Kilts for Travel Show

    0 shares
    Share 0 Tweet 0
  • KRISTIN LASH & JAKOB GREY Team Up On “Sleeping With The Lights On”

    0 shares
    Share 0 Tweet 0
  • SEVENTEEN REVEALS PROMOTION SCHEDULE FOR ; SEMICOLON

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers

© 2020 Scoftware.com

No Result
View All Result
  • Home
  • Politics
  • Business
  • Culture
  • National
  • Sports
  • Lifestyle
  • Travel
  • Opinion

© 2020 Scoftware.com

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Terms and Conditions - Privacy Policy