GIPSA Approves New Officer Designations for General Insurance Companies from 2026

The General Insurers’ (Public Sector) Association of India (GIPSA) has approved a major administrative update that will bring uniform officer designations across all non-life public sector insurance companies. This decision was taken in the 158th Governing Board Meeting held on 28 October 2025, where the proposal titled “Nomenclature for Re-designation of Officers in GIPSA Member Companies on the lines of GIC-Re” was discussed in detail. After due deliberations, the Governing Board cleared the implementation of revised designations to ensure consistency across GIPSA member companies.

GIPSA Approves New Officer Designations for General Insurance Companies from 2026

The new officer designations will come into effect from 01 January 2026, subject to approval by the competent authority in each company. This move aims to standardise hierarchy titles across all non-life PSUs, improving clarity in organisational structure and aligning designations with industry practices. While the nomenclature will change, the existing scale structure and service conditions will remain untouched. As a result, this reform focuses purely on designation uniformity rather than changes in pay, promotion rules or service benefits.

Background of the GIPSA Decision

The proposal was placed before the Governing Board to address long-standing differences in officer designations among non-life public sector insurance companies. These variations often created confusion in inter-company coordination and external dealings.

• The proposal was discussed in the 158th GIPSA Governing Board Meeting.
• The objective was to align officer designations across all GIPSA member companies.
• The structure has been adopted in line with GIC-Re, serving as a reference model.
• The decision applies uniformly to all non-life PSICs (Public Sector Insurance Companies).

New Uniform Officer Designations Approved by GIPSA

Under the approved framework, officers across non-life PSUs will follow a common set of designations mapped to existing scales.

Impact on Existing Pay Scales and Service Rules

Although designations are being revised, the underlying scale system remains unchanged. This clarification is important for officers concerned about service conditions.

• The Class I Scale structure (Scale I to VII) continues as defined under the General Insurance (Rationalisation of Pay Scales and Other Conditions of Service of Officers) Scheme, 1975.
• Amendments notified vide S.O. 1792(E) dated 21 December 2005 remain fully applicable.
• Only nomenclature is being modified; pay, allowances, promotion criteria and seniority remain the same.
• Since the rationalisation scheme refers only to scales and not designations, no Gazette Notification is required for this change.

Implementation Timeline

GIPSA has clearly outlined the timeline for execution of the revised designations.

• All GIPSA member companies are requested to implement the changes with effect from 01 January 2026.
• Implementation will be subject to approval from the competent authority of each company.
• The revised designations will be applied uniformly across all non-life PSUs without deviation.

Why This Change in Designation Is Important

The re-designation initiative brings several long-term administrative and professional benefits.

• Creates uniformity in officer hierarchy across public sector general insurance companies.
• Reduces confusion during inter-company transfers, coordination and external representation.
• Aligns PSU insurance designations more closely with industry and reinsurance standards.
• Improves clarity for employees, regulators and stakeholders dealing with multiple insurers.

What Officers Should Expect Going Forward

Officers should note that while their designation titles will change, their roles and benefits will continue as before.

• No change in salary structure or scale-based entitlements.
• No impact on promotion eligibility or service length.
• Official records, internal systems and correspondence will reflect new designations from 2026.
• Companies will issue internal communications detailing the transition process.