The General Insurance Council (GI Council) is a representative body of general insurers including Stand-alone Health Insurers, Specialized Insurers, Reinsurers, Foreign Reinsurer Branches(FRBs) and Lloyd’s India, registered with IRDAI. As per Section 64C of the Insurance Act, 1938 (and amended in January 2015) all general insurers,health insurers and reinsurers granted registration and licence by IRDAI to carry out business in India are members of the General Insurance Council. After the passage of the Insurance Laws(Amendment) Act in April 2015, GI Council is a SelfRegulatory Organization for the non-life insurance industry’s market conduct and practices.
As per Section 64L (1) of the Insurance Act,1938 the GI Council has the following functions:
- to aid and advise insurers, carrying on generalinsurance business, in the matter of setting up standards of conduct and sound practice and in the matter of rendering efficient service to holders of policies of general insurance
- to render advise to IRDAI in the matter of controlling the expenses of such insurers carrying on business in India in the matter of commission and other expenses
- to bring to the notice of IRDAI the case of any such insurer acting in a manner prejudicial to the interests of holders of general insurance policies.
Contact details
GENERAL INSURANCE COUNCIL,
ROYALINSURANCEBUILDING, GROUND FLOOR,
12, JAMSHEDJI TATA ROAD, CHURCHGATE,
MUMBAI – 400 020.
TEL.NO.022-2281 7511 / 12 ;
FAX NO.022-2281 7515, 022 - 26103304
Website: http://www.gicouncil.in/
E-mail: gicouncil[at]gicouncil[dot]in
Main Content
हिंदी 
Accessibility Options
Zoom the page
Increase Text 
Decrease Text
Grey scale
High Contrast
Low contrast
Light background
Link's underline
Readable font
Reset 
Back
