Question
Which of the following is correct full form of IGMS with
reference to insurance sector?Solution
IRDAI launched the Integrated Grievance Management System (IGMS) in the year 2010. · IGMS is a grievance redressal monitoring tool for IRDAI. · It also facilitates a central repository of industry-wide insurance grievance data; · Policyholders who have grievances register their complaints with the Grievance Redress Channel of the Insurance Company first.
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