बीमा परिषद नियंत्रण निकाय
GOVERNING BODY OF INSURANCE COUNCIL

CAUTION for General public:- GBIC does not involve, directly or through any representative, in sale of any kind of insurance or financial products. GBIC does not announce any bonus for policyholders or Insurers. Any person making any kind of transactions with such individuals/agents who are claiming themselves to be associated with or part of GBIC will be doing the same at his/her own risk.

Suo motto disclosures under Section 4(1) (b) of RTI Act, 2005:



Information as mentioned below is available in the GBIC web site


I. The particulars of its organization, functions and duties:

Our Response: The particulars of the Organisation, functions & duties are contained in.

1.Redressal of Public Grievances Rules, 1998(RPG Rules,1998)

2. The Annual report also contains additional information

Both of the above are available on the web site www.gbic.co.in 


II. The Powers and duties of its officers and employees:

Our Response:Redressal of RPG Rules,1998 define the Powers & Duties of the officials and employees of Insurance Ombudsmen and Governing Body of Insurance Council. The same is available under Rules 11 and 12 of the Redressal of Public Grievances(RPG) Rules, 1998 on the web site www.gbic.co.in


III.The procedure followed in the decision making process, including channels of Supervision and accountability.

Our Response:The Procedure followed in the decision making process, are contained in rule No.12 and 13 of the Redressal of Public Grievances (RPG )Rules, 1998 and are available on the web site www.gbic.co.in 


IV. The norms set by it for the discharge of its functions:

Our Response:The norms set for the discharge of its functions are as mentioned in rule no.13 of the Redressal of Public Grievances (RPG) Rules,1998 . It is also available on our website www.gbic.co.in  


V. The Rules, Regulations instructions, manuals and records held by it or under its Control or used by its employees for discharging its functions:

Our Response:Redressal of Public Grievances (RPG) Rules,1998 are available on the website www.gbic.co.in


VI.A statement of the categories of the documents held by it or under its control:

Our Response:A complaint file is maintained for each complainant. The process flow of disposal of complaints is done with the help of the Complaint Management System (CMS module) which the officials from the Ombudsmen Centre as well as the officials of the insurance companies use for disposal of the complaints.


VII. The particulars of any arrangement that exists for consultation with or representation by the members of the Public, in relation to the formulation of policy or implementation thereof:

Our Response:Redressal of Public Grievances (RPG Rules) ,1998 are duly notified by Ministry of Finance vide a Gazette ( PART-II-SECTION-3-Sub-section(i))


VIII. A Statement of the boards, councils committees and other bodies consisting of two or more persons constituted by it. Additionally, information as to whether the meetings of these are open to public, or the minutes of such meetings are accessible to the public

Our Response:Governing Body of Insurance Council has representatives from all 53 Insurance companies .Periodical meetings of the Council are held.

The meetings of these Councils are not open to Public and minutes of the meeting are for internal circulation only.


IX. A directory of its officers and employees.

Our Response:The directory of officers and employees is available on the web site www. gbic.co.in(click here for details)


X. The monthly remuneration received by each of its officers and employees including the system of compensation as provided in its regulations:

Our Response:

The remuneration received by the Ombudsman is available on the web site www.gbic.co.in (click here for details)

The remuneration paid to the Professional Experts is available on the web site www.gbic.co.in (click here for details)

The support staff are drawn from all the Public Sector Insurance Companies and Life Insurance Corporation of India and their monthly remuneration is governed by the rules existing in their parent companies.


XI. The budget allocated to each of its agency indicating the particulars of all plans proposed expenditures and reports on disbursements made:

Our Response:

Not applicable to GBIC


XII. The manner of execution of subsidy programmes, including the amounts allocated and the details of beneficiaries of such programmes:

Our Response:Not applicable to GBIC


XIII. The particulars of recipients of concessions, permits or authorizations granted by it:

Our Response:Not applicable to GBIC


XIV. The details of the information available to or held by it reduced in an electronic form:

Our Response:Please visit our GBIC web site www.gbic.co.in

Our Complaint Complaint Management System (CMS Module) has all the information related to complaints received by all the Ombudsman Centres. It is an interactive user friendly system dealing right from registration of the complaint to its disposal.


XV. The particulars of facilities available to citizens for obtaining information including the working hours of library or reading room if maintained for public use.

Our Response:Information is available on the web site www.gbic.co.in No library or reading room is maintained by us for public use.


XVI. The names, designation and other particulars of the Public Information Officers:

Our Response:The names and designation of CPIOs and Appellate Authorities and other details are available on the web site www.gbic.co.in (click here for details).


XVII. Such other Information as may be prescribed, and thereafter update this publication every year:

Our Response:Details of the Awards pronounced by the Honorable Ombudsman as well as Annual Reports are available on the web site www.gbic.co.in which is updated periodically.