business bureauthe government and insurance industry regulator irdai have been pitching for a greater insurance penetration but it cannot be done by merely crowding the market with a large number of players, all india insurance employees
There could be a huge influx of insurance marketing personnel in the market as nearly 20,000 employees of the government-owned general insurance companies are recommended be deployed in that role, as per consultancy firm Ernst & Young's .
With the government announcing its intention to almost rewrite the insurance laws by proposing far-reaching amendments, the amendment Bill should be first sent to the Standing Committee of Finance in Parliament, demands the General Insurance .