The Insurance Regulatory and Development Authority of India has issued against dealing with a Bangalore-based entity - 'Digital National Motor Insurance'.
Insurance. Representational image
The Insurance Regulatory and Development Authority of India has issued a warning against dealing with a Bangalore-based entity – ‘Digital National Motor Insurance’. The IRDAI said in a public notice that the said insurance company has not been granted any license or permission to sell insurance. People should remain alert and not fall prey to the fraud being committed by this fake motor insurance company.
“It has been brought to the notice of IRDAI that an entity by the name of “DIGITAL NATIONAL MOTOR INSURANCE” operating from #DNMI co. ltd. Portal Office, Krishna Raja Puram, Insurance Info Building, Devasandra, Bangalore – 560036 having website https://dnmins.wixsite.com/dnmins and email id email@example.com has been selling insurance policies, although it has not been licensed or granted registration by the Authority to sell insurance policy of any kind,” the IRDAI said.