The Insurance Regulatory and Development Authority of India (IRDAI) issued an order against Star Health and Allied Insurance Co. Ltd., imposing a monetary penalty and issuing a warning for violations linked to information and cyber security requirements. IRDAI imposed a penalty of INR 33.9 million under Section 14(1) of the IRDA Act, 1999 and Section 102 of the Insurance Act, 1938, citing various violations established under the IRDAI Information & Cyber Security Guidelines, 2023.
Insurance Regulatory and Development Authority of India 2025-07-25
Insurance Regulatory and Development Authority of India imposes INR 33.9 million penalty and warning on Star Health for information and cyber security guideline breaches
The Insurance Regulatory and Development Authority of India (IRDAI) penalized Star Health and Allied Insurance Co. Ltd. INR 33.9 million for breaches of information and cyber security requirements. The enforcement action, under Section 14(1) of the IRDA Act, 1999 and Section 102 of the Insurance Act, 1938, also included a formal warning.