New Delhi, Oct. 31 -- In October, the Insurance Regulatory and Development Authority of India (Irdai) released the Insurance Fraud Monitoring Framework Guidelines 2025, aiming to standardize fraud detection, prevention, and reporting across the insurance industry. The move comes at a time when fraudsters are deploying increasingly sophisticated scams to cheat customers.

The framework applies to all insurers and distribution channels and replaces the outdated 2013 version, which excluded distributors and had no mention of cyber fraud. Insurers and intermediaries must implement the guidelines from 1 April 2026.

Nitin Deo, chief technical officer, Zuno General Insurance, said, "The framework mandates insurers to adopt a board-approved anti...