 "Kunnal Prem")
Kunnel Prem, chief executive officer of the Insurance Information Bureau of India (IIB), tells Mayank Jain on what they’re doing. Edited excerpts:
What are your objectives?
In the early 2000s, the industry had opened up and Irdai (Insurance Regulatory Development Authority of India) was collecting a lot of data. At that point, the chairman of the regulator felt data from both life and non-life insurance had to be handled in a more efficient manner. That’s when Irdai promoted this body, in 2009. It was made a non-profit society in 2012.
The objective was to support the industry with
What are your objectives?
In the early 2000s, the industry had opened up and Irdai (Insurance Regulatory Development Authority of India) was collecting a lot of data. At that point, the chairman of the regulator felt data from both life and non-life insurance had to be handled in a more efficient manner. That’s when Irdai promoted this body, in 2009. It was made a non-profit society in 2012.
The objective was to support the industry with
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