Irdai has introduced proposed guidelines aimed at reshaping the commission and expense structures for insurance distribution. This shift focuses on reducing reliance on high commission models, favoring a more customer-oriented strategy. Key proposals include imposing limits on commissions for products and introducing remuneration based on distributors' efforts. This pivotal change could greatly affect brokers and online platforms, with shares already experiencing a decline.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/H4F7lZ3
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