Insurance Regulatory and Development Authority (IRDA) upgraded the existing office at Delhi to the Regional Office of IRDA on 24th January 2014. The current IRDA Chairman Mr. T. S. Vijayan inaugurated the new regional office. This office will be headed by a Joint Director with 10 officers and employees.
The location of the new regional office is:
Jeevan Tara Building,
Parliament Street,
New Delhi – 110001
Some of the functions of Consumer Affairs Department, Inspection Department and Surveyors Department of IRDA will be handled from this office. The Regional Office will focus on spreading consumer awareness and handling of Insurance grievances besides providing required support for inspection of Insurance companies located in the Northern Region. This office will also be functionally responsible for granting /renewal / modification of licenses of Surveyors and Loss Assessors. With the above functions at Delhi, IRDA aims to work more closely with the policyholders.
A regional Office in Mumbai is also underway and shall open soon.