Impact Of Irda Regulation On Insurance Sector

Hello sir I require the details regarding the Impact Of Irda Regulation On Insurance Sector of International Journal of Advance Research in Computer Science and Management Studies course so can you please provide me the same ??

[Rajkumar Agarwal]

As per your demand here is the Impact Over Regulation of Insurance Sector

There is great impact of IRDA in the overall regulation of the India Insurance sector.

The IRDA is having close surveillance over the different activities of insurance sector in India in order to make sure the proper protection of the policyholders' interests and scope of regulation is continuously increasing.

Impact Over the Applied Technology in the Insurance Sector:-

Present age is the age of technology, so, normal usage of technology in the different activities of the insurance sector is quite natural but day by day introduction of dissimilar advanced technology in the insurance sector is motivated by the competition

Impact Over Workforce (Employment Opportunity of Insurance Sector) :-

A gradual enhance in the number of insurers in the insurance sector is creating competition amongst pre-existing insurers and this trend directly or indirectly demands a large workforce.

Impact Over Regulation Requirement in the Indian Insurance Sector :-

There is great need of a proper regulatory system in the present Indian Insurance Market in order to defend the interests of the policyholders at large and ensuring the proper functioning of the insurance sector.

The lack of proper regulation in the

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