90% of plaints attended to, says IRDA
Category: RegulationThanks to the IGMS (integrated grievance management system) set up by the Insurance Regulatory and Development Authority in April, redress of grievances in the insurance sector is faster now. The average time to settle a complaint is just around 14 days, media reports quoted Mr J Hari Narayan, Chairman, IRDA, as saying. Ever since the [...]
