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IRDA invites applications for on-line, off-line ATIs

Different application forms are prescribed for establishing on-line and off-line training institutes, IRDA adds

September 23, 2013 12:22 IST | India Infoline News Service
The Insurance Regulatory and Development Authority (IRDA) on Friday invited applications from organisations and institutions to establish on-line and off-line ATIs (agents training institutes) for conducting insurance agents
training as mandated for the renewal of agent’s license.

Different application forms are prescribed for establishing on-line and off-line training institutes. Hence applicants are advised to apply in relevant format only, IRDA said in a notification.

In case an applicant desires to apply for both on-line and off-line ATI, two separate applications as prescribed are to be submitted. The applications received in formats other than the prescribed one are liable to be rejected. All applicants are advised to check their suitability as mandated by IRDA, before submitting their application for new ATI accreditation, it added.

An application complete in all respects along with required information and documents should be submitted to the Authority. The Authority will scrutinize each application and accords accreditation to the applicants who are in compliance with statutory provisions governing accreditation and functions of ATI’s, IRDA further said.

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