New Delhi, Dec. 31 -- India's insurance landscape has undergone several consumer-facing changes through 2025. These include the creation of an industry-wide fraud-prevention repository, faster claims disposal using artificial intelligence and machine learning, and, most recently, the opening up of the sector to more insurers.

While Insurance Regulatory and Development Authority of India (Irdai) has in the past issued guidelines on restricting expenses of management, the new insurance bill, Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, formally empowers the regulator to set limits on commissions to curb misselling and prescribe a procedure to disclose the commission.

It also enhances Irdai's enforcement powers. Penalt...