IRDAI Corner

Cessation of the practice of allowing additional line of business/department to surveyor and loss assessors based on categorization letter issued in 2001-02

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Cessation of the practice of allowing additional line of business/department to surveyor and loss assessors based on categorization letter issued in 2001-02

October 10, 2025

1. The Authority had carried out the exercise of categorization of those individual surveyors and loss assessors (SLA) who were holding valid surveyor license prior to notification of IRDA Insurance Surveyors and Loss Assessors (Licensing, Professional requirements and Code of Conduct) Regulations, 2000. The said exercise had categorized an individual SLA in several lines of business/departments (LOB). Thereafter, an individual SLA was allowed to have only 3 LOBs out of the categorized LOBs, on his surveyor license.

2. The Authority, vide Circular Ref. IRDA/SUR/CIR/MISC/042/02/2020 dated 04th Feb, 2020, allowed addition of LOB on Surveyor license of an individual SLA on the basis of categorization letter issued by the Authority, as per para 1 above, who possess pertinent educational qualification and whose license has been continuously renewed by the Authority without break, till filing such modification application. Additionally, the restriction on the number of LOBs on an individual surveyor license was also lifted.

3. The Authority is in receipt of several applications based on para 2 above wherein an individual SLA, who is currently approaching the Authority to add new LOB to his surveyor license, has not carried out any survey in the concerned LOB since the year 2002. Considering the rapid upgradation and advancements in technology during these last 23 years, such experience and knowledge gained prior to 2001-02 in the concerned LOB have become obsolete and the same needs to be updated to ensure that he carries out a fair assessment of an insured loss.