IRDAI
Enabling insurers to stay compliant, secure, and audit ready in a dynamic regulatory environment.
Sigmify GRC helps insurers comply with regulatory guidelines, including those mandated by IRDAI. From risk and compliance tracking using SIEM insights to audit readiness and cybersecurity monitoring, we simplify adherence to evolving IRDAI requirements
IRDAI
IRDAI Compliance Complexity and IT Governance Mandates
The Insurance Regulatory and Development Authority of India (IRDAI) has been steadily raising the bar on IT governance, cybersecurity, and operational oversight expecting insurers and intermediaries to not just comply, but demonstrate structured, proactive risk management supported by SIEM, HRM monitoring. With evolving expectations around data privacy, digital infrastructure, and internal accountability, insurance companies must translate regulatory guidelines into clear, actionable practices across systems and logs.
However, this is easier said than done. Compliance is often scattered across teams, tracked manually, or handled through disconnected tools making it difficult to ensure timely adherence, maintain up-to-date controls, correlate events, or present unified audit trails from logs when required.
Sigmify GRC provides a Comprehensive solution, offering a pre built library of domains, controls, and checklists mapped to IRDAI requirements. Compliance cycles can be automated with configurable frequencies, lead times, and evidence tracking using SIEM, HRM logs and monitoring data, while responsibilities are clearly assigned across teams.
Expert-curated content ensures regulatory updates are reflected without delay. Tasks are converted into actionable workflows and routed to relevant teams for Timely execution complete with collaborative tools, evidence capture from SIEM events, checklists, and real-time work queues supported by monitoring signals.
With dashboards, risk scorecards, and audit ready SIEM backed reporting, Sigmify GRC delivers Assured compliance reducing reputational risk, avoiding penalties, and ensuring visibility from operational teams up to board-level oversight.