Loss prevention in India: IRDAI calls on market expertise

IRDAIThe Indian regulatory authority (IRDAI) is setting up a working group dedicated to improving disaster prevention. This group, headed by T Lakshmanachari Alamelu, CEO of United India Insurance, includes representatives of public and private insurance companies and associations.

The panel’s aim is to suggest effective solutions limiting economic and insurance claims losses. This collaboration should also allow a firm grasp of risk prevention. The report is expected within three months.

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