IRDAI cancels Sterlite Insurance Surveyor's corporate license

This document is an official order from the Insurance Regulatory and Development Authority of India (IRDAI) accepting the voluntary surrender of a corporate surveyor license held by Sterlite Insurance Surveyor & Loss Assessor Pvt. Ltd. It matters to citizens as it confirms the removal of this specific entity from the regulator's records and the deactivation of its associated system access.

Who it concerns: Sterlite Insurance Surveyor & Loss Assessor Pvt. Ltd. (specifically its Director, Shri Rajendra Kumar Sancheti) and the Insurance Regulatory and Development Authority of India (IRDAI).

What the regulator ordered

• IRDAI accepted the request for voluntary surrender of corporate surveyor license no. IRDA/CORP/SLA-52635.
• The surrender was approved under Regulation 25(A) of the IRDAI (Insurance Surveyors and Loss Assessors) Regulations, 2015, as amended in 2020.
• The license is hereby surrendered and cancelled from IRDAI’s records.
• The BAP (Business Application Portal) user ID linked to the company will be deactivated, and no further action will be possible on that ID.
• The order was issued on 13.10.2025 with the approval of the Competent Authority.

Also in the document

• The request for surrender was originally made by the company via a letter dated 30.05.2025.
• The order was signed by Shiksha Shaha, General Manager.