IRDAI Compliance Audit

Ensure Adherence to Insurance Regulatory and Development Authority of India Guidelines

Overview

The IRDAI Compliance Audit ensures that insurance companies and intermediaries operate in accordance with the regulatory framework laid out by the Insurance Regulatory and Development Authority of India. The audit focuses on IT security, data protection, policyholder data privacy, and adherence to IRDAI circulars and notifications.

Our Approach

1. Understanding Scope

We analyze the organization’s insurance processes, IT systems, and applicable IRDAI requirements.

2. Compliance Assessment

We map policies, systems, and processes to relevant IRDAI guidelines and circulars for audit readiness.

3. Reporting & Action Plan

A detailed audit report is provided with identified gaps, risk levels, and a roadmap for achieving IRDAI compliance.

Why Do You Need IRDAI Compliance Audit?

Mandatory for insurers, brokers, and TPAs under IRDAI regulations
Protects policyholder data and ensures fair practices

Why Choose Us?

Expertise in IRDAI IT guidelines and sector-specific risk management
Deep understanding of insurance operations, compliance, and audit expectations
Customized recommendations and actionable insights

Our Expertise

We provide end-to-end audit support to insurers and intermediaries in achieving and maintaining IRDAI compliance across IT, data privacy, and business operations.

Frequently Asked Questions

1: What is the purpose of the IRDAI Compliance Audit?▶

It ensures that insurers and intermediaries meet the regulatory standards laid out by IRDAI.

2: Who must conduct an IRDAI compliance audit?▶

All insurance companies, brokers, and third-party administrators regulated by IRDAI must undergo regular compliance audits.

3: What are the key focus areas?▶

Data security, privacy, IT governance, customer protection, and compliance with IRDAI circulars and notifications.