IRDAI commission cuts may make insurance expansion harder in smaller cities: Helios Global CEO

Helios Global Solutions founder Swami Saran Sharma says IRDAI's proposal to bring back commission caps could slow insurance distribution in tier three and tier four cities, where agent networks cost more to run. He also questions whether commission savings will reach customers, and backs curbs on non-cash payouts to agents. Will IRDAI's math work out for smaller-city insurance buyers?