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SOURCE OF INFORMATION : INSURANCE REGULATORY & DEVELOPMENT AUTHORITY OF INDIA WEBSITE
PERIOD COVERED : 16-AUG-2002 TO 13-JUL-2024

NAMES IN BROWN COLOUR
Names of entities/persons in brown colour denote that the regulatory order is not against them but their names have been mentioned only for association purposes.

INSURANCE THIRD PARTY ADMINISTRATOR (TPA): RENDERED HEALTH/TPA SERVICES WITHOUT ENTERING INTO AGREEMENT WITH INSURANCE COMPANY

S.No. ENTITY  PERSONS  REGULATORY CHARGES REGULATORY ACTION(S) / DATE OF ORDER FURTHER DEVELOPMENTS
1
History of entity/person MEDICARE TPA SERVICES (I) PVT.LTD.  
  RENDERED HEALTH/TPA SERVICES WITHOUT ENTERING INTO AGREEMENT WITH INSURANCE COMPANY

DID NOT PROVIDE INFORMATION ABOUT INVOLVEMENT OF ITS PROMOTERS AND/OR DIRECTORS IN INSURANCE & INSURANCE RELATED ACTIVITIES TO IRDA

DID NOT MAKE DISCLOSURE ABOUT HOLDING OF POSITION OF DIRECTOR IN ANNUAL RETURN FORM TPA 4(1) TO IRDA   		IMPOSED PENALTY RS.5,00,000

26-AUG-2014 		 
The regulatory charges/regulatory actions may be fully or partly applicable to the entities/persons mentioned in the second column.

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