Breaking News
Home / FINANCE / Agriculture Insurance Company of India (AIC) to use services of non-life insurance agents: IRDA.

Agriculture Insurance Company of India (AIC) to use services of non-life insurance agents: IRDA.

Agriculture_Insurance_Company_of_India.svgIRDA said that AIC can distribute its own products by using the services of agents and corporate agents of other general insurers
In order to enhance penetration of crop insurance in India, Insurance Regulatory and Development Authority (IRDA) has allowed Agriculture Insurance Company of India (AIC) to use the agent network of other non-life insurers.

On 12th September, IRDA said that AIC can distribute its own products by using the services of agents and corporate agents of other general insurers.

IRDA said that agents, who want to offer services to AIC, will have to submit a ‘No Objection Certificate’ obtained from their parent general insurer and enroll themselves with AIC.

About Araju Patel

Araju Patel -A grand son of Farmer, Management Graduate, Technopreneur. Creativity and Knowledge sharing is his passion. He is passionate about agriculture and technology. Agriculture is in his blood and technology is first love. So, He become a Founder as well Editor-in-chief for TheAgriReporter.com.

Check Also

Reliance General forays into agriculture insurance.

“It is our first step in the domestic agriculture insurance sector with weather and yield-based ...

Leave a Reply

Your email address will not be published.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