IRDAI
Sigmify GRC helps insurers comply with regulatory guidelines, including those mandated by IRDAI. From risk and compliance tracking to audit readiness and cybersecurity oversight, 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. With evolving expectations around data privacy, digital infrastructure, and internal accountability, insurance companies must translate regulatory guidelines into clear, actionable practices across their organizations.
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, or present unified audit trails 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, while responsibilities are clearly assigned across teams.
Our 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 upload, checklists, and real-time work queues.
With dashboards, risk scorecards, and audit-ready reporting, Sigmify GRC delivers Assured compliance — reducing reputational risk, avoiding penalties, and ensuring visibility from operational teams up to board-level oversight.