The Economic Times24 Sept 2026, 11:48 pm IST
PB Fintech considers insurance manufacturing due to proposed commission changes
What happened
- PB Fintech is looking at entering insurance manufacturing because of proposed caps on distribution commissions.
- The Insurance Regulatory Authority of India (Irdai) has proposed limits on the commissions paid to distributors.
- The company stated it is waiting for more clarity from the regulator before making a decision.
- Management noted that their existing customer base could be an advantage if they decide to start manufacturing insurance policies.
Key terms explained
Financial terms from this story, in everyday words.
- insurance manufacturing
- the process of designing, underwriting (assessing risk), and selling insurance policies.
- distribution commissions
- the fees paid to a company for selling insurance products on behalf of an insurer.
Original source
The Economic Times
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