IRDAI Commission Overhaul Unlikely Before April 2027; Extended Consultation Required

IRDAI's proposed insurance commission restructuring won't come into force before April 2027 due to extensive consultation and rule-making timelines, per former IRDAI member Nilesh Sathe. InsurTech builders should use this 8+ month window to model how new commission structures impact unit economics—ambiguity is ending, but the transition window is long enough to plan.

Source: ET BFSI ↗