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All general insurance companies must file an annual report on misconduct of licensed surveyors and maintain half yearly data on survey jobs. Insurers use the prescribed formats in Annexure I and Annexure II. These guidelines apply with immediate effect.
What you must do
Key dates
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~l(ffl4 ~ AIPl41'1tfi ah ftcfim ~ INSURANCE REGULATORY AND ir.lai DEVELOPMENT AUTHORITY OF INDIA Ref: IRD A/SUR/GD L/MISC/289/12/2020 01 st December, 2020
CIRCULAR
To All General Insurance Companies
Sub: Guidelines for all General Insurance Companies for submission of Reports
(Suresh Mathur) Executive Director ~ ;:j-_ 115/1, ~ ~. rll•FHll-11:SI, ~-500 032, im-o I Survey No. 115/1, Financial District, Nanakramguda, Hyderabad-500 032, India 6) : +91-40-2020 4000 ~ : www.irdai.gov.in 6) : +91 -40-2020 4000 Website : www.irdai.gov.in
Annexure I Annual Rep011 Details of Misconduct of licensed surveyors and action taken by Insurer
Name of the Insurer: Report as on 31 st March ..... .
| Sr. No. | Name and Address of Surveyor | SLA No. and Date of Expiry | Nature and details of misconduct | Details of claim and policy no. | Action taken by the Insurance Company | Remarks, if any |
|---|---|---|---|---|---|---|
I hereby solemnly acknowledge that the details provided above are true.
Date:
Authorised Signatory
Annexure II REPORT ON SURVEY JOBS FOR THE HALF YEAR ENDING ON ...... .
| Sr. No. | Line of Business | No. of claims reported | No. of claims which required appointment of licensed surveyor as per Individual Corporate Surveyors Regulations | Surveys undertaken by inhouse employees | Surveys undertaken by other than inhouse employee surveyors |
|---|---|---|---|---|---|
| 1. | Fire | ||||
| 2. | Marine Cargo | ||||
| 3. | Marine Hull | ||||
| 4. | Engineering | ||||
| 5. | Motor | ||||
| 6. | Miscellaneous | ||||
| 7. | LOP | ||||
| 8. | Crop | ||||
| Total |
I hereby solemnly acknowledge that the details provided above are true to the best of my knowledge.
Date:
Authorised signatory
