The Insurance Regulatory and Development Authority of India (IRDAI) has levied a fine of ₹5 crore on Policybazaar Insurance Brokers for multiple breaches of regulatory norms. These infractions include ...
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IRDAI penalizes Policybazaar Rs 5 crore for various violations including biased and misleading product promotions
Insurance watchdog IRDAI has penalised Policybazaar with a total of Rs 5 crore on accounting of violating 11 charges under various provisions of the Insurance Act and IRDAI (Insurance Web Aggregators) ...
The Delhi High Court has refused to restrain third-party use of Policybazaar Insurance Web Aggregators trademarks as keywords. In a suit filed by Policybazaar for infringement and passing off, the ...
The fine comes after PolicyBazaar had sent SMS messages to 10 Lakh customers between March and April 2020 about a rise in insurance premium prices IRDAI's charge involved causing panic among customers ...
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