Page 57 - The Insurance Times November 2025

IRDAI Corner

Cessation of the practice of allowing additional 4. In view of the above, it has been decided to stop the
line of business/department to surveyor and practice of allowing additional LOB to individual SLA
based on the categorization letter. Therefore, the
loss assessors based on categorization letter
Circular Ref. IRDAI/SUR/CIR/MISC/042/02/2020 dated
issued in 2001-02 04th Feb 2020 is hereby repealed with immediate
October 10, 2025 effect.
5. Further, the individual surveyors would continue to be
1. The Authority had carried out the exercise of
eligible for any LOB on his surveyor license, subject to
categorization of those individual surveyors and loss fulfilment of the eligibility criteria given in Regulation
assessors (SLA) who were holding valid surveyor license
3 of IRDAI (Insurance Surveyors and Loss Assessors)
prior to notification of IRDA Insurance Surveyors and Regulations, 2015 as amended from time to time.
Loss Assessors (Licensing, Professional requirements and
Code of Conduct) Regulations, 2000. The said exercise 6. Henceforth, in order to add LOB to the surveyor
had categorized an individual SLA in several lines of license, an individual SLA would be required to adhere
business/departments (LOB). Thereafter, an individual to the Proviso under Regulation 27 of IRDAI (Insurance
SLA was allowed to have only 3 LOBs out of the Surveyors and Loss Assessors) Regulations, 2015 as
categorized LOBs, on his surveyor license. amended from time to time.
2. The Authority, vide Circular Ref. IRDA/SUR/CIR/MISC/ This is issued with the approval of the Competent Authority.
042/02/2020 dated 04th Feb, 2020, allowed addition of
LOB on Surveyor license of an individual SLA on the National Cyber Security Awareness Month
basis of categorization letter issued by the Authority, (NCSAM) 2025
as per para 1 above, who possess pertinent educational
October 06, 2025
qualification and whose license has been continuously
renewed by the Authority without break, till filing such The month of October is globally observed as National Cyber
modification application. Additionally, the restriction on
Security Awareness Month (NCSAM) with the aim of
the number of LOBs on an individual surveyor license enhancing cyber security awareness across public and
was also lifted.
private sectors and highlighting its importance.
3. The Authority is in receipt of several applications based
In this regard, you are advised to celebrate Month of
on para 2 above wherein an individual SLA, who is
October, 2025, as Cyber Security Awareness Month and
currently approaching the Authority to add new LOB
carry out activities promoting cyber hygiene and strengthen
to his surveyor license, has not carried out any survey
public awareness by organizing mass outreach initiatives
in the concerned LOB since the year 2002. Considering
across diverse media platforms, including television, radio,
the rapid upgradation and advancements in technology
social media reels, memes, SMS campaigns, and other
during these last 23 years, such experience and
effective channels. Further, the summary of activities
knowledge gained prior to 2001-02 in the concerned carried out during the month shall be submitted to the
LOB have become obsolete and the same needs to be
Authority at infosec@irdai.gov.in by 5th Nov, 2025.
updated to ensure that he carries out a fair assessment
of an insured loss.
The Insurance Times November 2025 51