Page 62 - Insurance Times December 2020

(b) through internship for 8 weeks for each department relevant certificates with him throughout the period of
with any Insurance Surveyor and Loss Assessor who validity of licence issued by Authority and shall produce
has at least 8 years’ experience in the concerned the same whenever sought by Authority.
department. All documents shall be self-attested.
3. The approved Institute / Insurance Surveyor and Loss 3. Licence fee: The payment of applicable fee shall be
Assessor shall give training evaluation cum completion made using the online payment providers available in
certificate to the successful candidates. the portal.

4. The applicant shall submit the training evaluation cum i) BillDesk and PayGov are the two different online
completion certificate to IRDAI for issuance of modified payment service providers who provide the
license following payment options to the applicants:
IV. This is issued with the approval of Competent a. BillDesk:
Authority i. Net Banking
b. PayGov
(Suresh Mathur) i. Net Banking
Executive Director ii. Credit Card

Guidelines for grant of fresh licence / iii. Debit Card
iv. UPI
renewal of license to act as Insurance v. Wallet

Surveyor and Loss Assessor ii) The fee paid is non-refundable.

IRDA/SUR/GDL/MISC/287/12/2020 III. Fit and Proper Criteria:
Date:02-12-2020 “Fit and Proper” criteria refers to the criteria for
determining the suitability of an Applicant, whether

I. Preliminary: individual or corporate including Directors or Partners,
1. These guidelines set out the procedure for obtaining and their employees (in case of Corporates) for grant
fresh license or renewal of licence to act as a surveyor of fresh license / renewal of license are persons of
and loss assessor. integrity, having appropriate skills and experience. For
the purpose of determining whether an applicant /
2. The guidelines are being issued under Sec.14 of the surveyor is a ‘Fit and Proper Person’, the following shall
IRDAI Act,1999 and in terms of Regulations 28 of be considered-
Insurance Regulatory and Development Authority of a) Financial integrity;
India (Insurance Surveyors and Loss Assessors)
Regulations, 2015. b) Absence of convictions or civil liabilities involving
moral turpitude;
II. Licensing Procedure:
1. Registration: the applicants are required to register with c) Appropriate competence, experience and
the IRDAI portal viz. www.irda.bap.org.in and obtain a qualification;
user ID. Applicants are requested to ensure that d) Good reputation and character;
correct E-Mail ID and mobile number are provided. e) Efficiency and honesty;
2. Submission of application: The applicants shall submit
the prescribed forms available in the IRDAI Portal duly f) Absence of any disqualification to act as
filled in all aspects along with all necessary documents ‘intermediary or insurance intermediary’ as
through the portal. While uploading the documents, stipulated in Section 42D of the Insurance Act, 1938
applicants shall ensure that the same are legible. The applicants shall furnish a declaration cum
Illegible documents shall be rejected. undertaking in the prescribed form IRDAI AF 20 to
The applicant shall upload the documents online but determine the ‘fit and proper’ status.
shall maintain the original physical copies of all the IV. Issuance of Licence

The Insurance Times, December 2020