How to issue IRDAI-compliant ePolicy with Leegality | Webinar

Описание: Most insurers assume their electronic policy issuance flow is already “sorted.”

But most insurers actually have a failed process for policy issuance.

We did a study of the top 20 insurers in India and found 3 critical mistakes that directly impact IRDAI compliance, fraud risk, and operational costs.

What most insurers are getting wrong:

Policies that Violate IRDAI Rules: Many insurers “sign” policies by uploading signature images or using OTP-based “signature”. These are violations of IRDAI rules, which explicitly require IT Act eSign.

Operationally risky eSign: Many insurers give a DSC token to an agent to sign policies on behalf of their authorized signatory. This leads to a lack of control over who is signing the policy - leading to greater fraud risk.

Overpaying for DocSigner: Many insurers rely on DocSigner via a vendor that costs ₹50 - ₹80L+ per year.

In this 60-minute video, you will see

How to issue IRDAI-compliant ePolicies
How to eliminate fraud and signing control risks
How insurers can cut policy issuance costs significantly
How to issue compliant ePolicies using SignStation

Timestamps -

00:00 Introduction
5:06 Mistake 1: Non-compliant ePolicy issuance
7:15 Mistake 2: Risking fraud to issue ePolicies
9:43 Mistake 3: Overpaying to issue ePolicies
12:06 SignStation Demo