Asia Pacific | Financial services

IRDAI (India)

The Insurance Regulatory and Development Authority of India (“IRDAI”) is responsible for protecting policyholder interests, promoting the growth of the Indian insurance industry, monitoring the financial soundness and competence of regulated entities and enforcing high standards of integrity in the Indian insurance market.

Google Cloud’s contracts for financial institutions in India help address the IRDAI requirements. We have also created mappings for both Google Cloud and Google Workspace to help you understand how we can support you with meeting the IRDAI requirements and how you can assess us as an outsourced service provider. Google Cloud is committed to addressing these requirements regardless of how financial institutions choose to use our services.

IRDAI Compliance Offerings

Learn more about the key laws, regulations, and guidelines prescribed by the IRDAI.

Outsourcing of Activities by Indian Insurers Regulations 2017

Learn more about the Outsourcing of Activities by Indian Insurers Regulations 2017 and how Google Cloud can help support your IRDAI compliance efforts.

The Outsourcing of Activities by Indian Insurers Regulations 2017 addresses the IRDAI’s expectation of regulated entities when entering into outsourcing arrangements. The Outsourcing of Activities by Indian Insurers Regulations 2017 provide specific guidance on due diligence of outsourcing service providers, the contents of outsourcing agreements, confidentiality and security, audit and inspection rights, legal and regulatory obligations, contingency plans and regulatory access.