Auto dealers can work as sales channel for motor insurance: Irdai panel

They may work as insurance intermediaries in much the same way as an insurance broker, but must solicit motor insurance business only

The committee formed by the insurance regulator to review the motor insurance service provider (MISP) guidelines has suggested that automotive dealers can be considered as of one of the distribution channels for soliciting motor insurance business. They may work as insurance intermediaries in much the same way as insurance brokers, but must solicit motor insurance business only.  

They may also choose to become sub-brokers or sub-agents and work for a broker or a corporate agent respectively. And the option to become a separate distribution channel or sub-broker should be left with the automotive dealer. If they decide to become a distribution