बीमाकर्ताओं की कार्यकारी परिषद कार्यालय
Office of the Executive Council of Insurers

CAUTION for General public:- ECOI (formerly GBIC) does not involve, directly or through any representative, in sale of any kind of insurance or financial products. ECOI (GBIC) does not announce any bonus for policyholders or Insurers. Any person making any kind of transactions with such individuals/agents who are claiming themselves to be associated with or part of ECOI (GBIC) will be doing the same at his/her own risk.
Welcome to the Executive Council of Insurers

The Executive Council of Insurers, previously known as Governing Body of Insurance Council (GBIC) has been established under the Insurance Ombudsman Rules, 2017, to set-up and facilitate the Institution of Insurance Ombudsman in India. The Executive Council of Insurers consists of nine members including the Chairperson.

The Members of Executive Council of Insurers shall comprise of –
(i) two persons representing life insurers nominated by the Life Insurance Council ;
(ii) two persons representing General Insurers, other than stand-alone health insurers, to be nominated by the General Insurance Council ;
(iii) one person representing stand-alone health insurers nominated by the General Insurance Council ;
(iv) one representative of the IRDAI; and (v) one representative of the Central Government in the Ministry of Finance from the Department of the Financial Services not below the rank of Director;
(vi) the Chairman, Life Insurance Corporation of India (LIC of India) established under the Life Insurance Corporation Act, 1956( 31 of 1956) or the Chairman, General Insurers’ (Public Sector Association of India (GIPSA) established under the General Insurance Business(Nationalisation) Act, 1972(57 of 1972) provided they are not acting as Chairperson of the Executive Council of Insurers

Objective of Insurance Ombudsman Rules, 2017 - The objective of these Rules are to resolve all complaints relating to settlement of claim on the part of insurance companies in cost effective, efficient and impartial manner.





Office of the Executive Council of Insurers,
3rd Floor, Jeevan Seva Annexe,
S. V. Road, Santacruz (W),
Mumbai - 400 054.

Tel.: 022 - 69038801/03/04/05/06/
E-mail: inscoun@ecoi.co.in