Policybazaar may need to reshape agent business under Irdai draft rules
In short
Policybazaar’s CEO said the company’s agent business may have to change if Irdai’s draft rules go ahead.
He said the business could still continue if it becomes something different, maybe more like a services company. The exact rule changes and any final plan are not stated in the available reporting.
What the reporting says
Policybazaar’s agent business may need to change under Irdai’s draft rules, according to CEO Yashish Dahiya. The publisher summary says the business could continue if it evolved into something different, possibly a services player. The reporting does not specify the draft rule changes, the timing of any decision, or whether PB Fintech has announced a concrete plan.
Why it matters
The story centers on PB Fintech’s Policybazaar business and possible changes prompted by Irdai’s draft rules. CEO Yashish Dahiya said the agent business might need to evolve, possibly into a services model, to keep operating. The report does not say which draft provisions are under discussion or how the company would restructure in practice.