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.
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.