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Life, general, and health insurers and insurance intermediaries must upload half-yearly Point of Sales Person data on the IIB portal. Sponsoring entities start this filing process from the financial year 2020-21. For the financial year 2020-21, insurers and intermediaries must upload data up to September by 31.01.2021 and data up to 31.03.2021 by 30.04.2021. For future periods, entities must upload data up to 30/09 on or before 30/10 and data up to 31/3 by 30/4.
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[Image omitted. See the official document.]
Cir.No. IRDA/INT/CIR/PSP/307/2020
30.12.2020.
To All CEOs of Life, General, Health Insurers & POs of Insurance Intermediaries
Re: Filing of Half-Yearly PoSP Returns in IIB Portal.
This has reference to guidelines issued by the Authority on Point of Sales Person (POS) vide its Circular Nos. IRDA/Int/GDL/ORD/183/10/2015 dt. 26.10.2016, IRDA/LIFE/GDL/GLD/222/11/2016 dt. 07.11.2016 No. IRDAI/INT/CIR/PSP/130/06/2017 dt. 05.06.2017 and No. IRDAI/LIFE/CIR/MISC/215/12/2019 DT.02.12.2019 wherein the sponsoring entities have been advised to submit data pertaining to Point of Sales to the Authority.
In order to streamline the process of the submission and generate MIS reports a provision has been made at https://pos.iib.gov.in portal to upload the half yearly data.
Insurers and insurance intermediaries are therefore advised to upload the Half yearly data on POS portal commencing from the financial year 2020-21. The half yearly data upto September shall be uploaded by 31.01.2021 and the data upto 31.03.2021 by 30.04.2021. In future the half yearly data upto 30/09 shall be uploaded on or before 30/10 and data upto 31/3 by 30/4.
[Image omitted. See the official document.]
(Randip Singh Jagpal) Chief General Manager
सर्वे नं. 115/1, फाइनेंशियल डिस्ट्रिक्ट, नानकरामगुडा, हैदराबाद-500 032, भारत | Survey No. 115/1, Financial District, Nanakramguda, Hyderabad-500 032, India (न) : +91-40-2020 4000 वेबसाइड : www.irdai.gov.in | (न) : +91-40-2020 4000 Website : www.irdai.gov.in
