Qualifications of CEO or CAO :
Every person proposed to be appointed as a CEO or a CAO of the TPA shall possess the following qualifications:
(a) He shall hold a degree in arts, science, commerce or management or health or hospital administration or medicine
(b) A pass in the Associateship examination conducted by the Insurance Institute of India or such equivalent examination as decided by IRDA
(c) Completion of 100 hours of practical training with institutions recognized by IRDA
(d) He shall not be of unsound mind or undischarged insolvent or a person who had been subject to imprisonment for a period of 3 months by a Court on the grounds of misfeasance, misconduct or forgery etc.