#executive-pay
IRDAI asks insurers to link pay packages of top executives to customer-centric metrics, financial health
IRDAI mandates insurers to tie executive pay to customer satisfaction and financial performance, enhancing governance and transparency.
IRDAI asks insurers to link pay packages of top executives to customer-centric metrics, financial health
IRDAI mandates insurers to tie executive pay to customer satisfaction and financial performance, enhancing governance and transparency.
Claim settlement and grievance redressal related performance will determine the incentives of top executives of insurance companies: IRDA
In a significant policyholder-centric move, IRDAI has linked insurance executive pay to customer-centric metrics like claim settlement and grievance redressal. Insurers must now publicly disclose detailed data on claim timelines, complaint handling, and produ…