Mumbai, Oct. 6 -- Mumbai: The Insurance Brokers Association of India (IBAI) will meet the regulator on Friday to seek more time to assess the impact of the proposed overhaul of distribution rules.

In a press briefing held to outline concerns over the Insurance Regulatory and Development Authority of India's (Irdai's) consultation paper, representatives of several brokers said they will submit their feedback and suggestions by December instead of the current deadline of 25 October.

Eventually, the industry body also plans to approach the Union finance ministry and Prime Minister Narendra Modi, having already submitted letters to both.

Irdai released the consultation paper on 23 September 2026 and is planning to implement the final norms...