Where is the headquarters of the Insurance Regulatory and Development Authority of India (IRDAI) located?
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The headquarters of the Insurance Regulatory and Development Authority of India (IRDAI) is located in Hyderabad, Telangana. Initially, IRDAI was headquartered in New Delhi, but it was later shifted to Hyderabad in 2001 to decentralize regulatory institutions across India. As the apex regulatory body for the insurance sector, IRDAI is responsible for overseeing, regulating, and promoting the orderly growth of the insurance industry in India. From its Hyderabad headquarters, IRDAI formulates policies, grants licenses to insurance companies, protects policyholders’ interests, and ensures financial stability in the insurance market.
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