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Discussion Forum : Insurance broking is an area where not many international players are present in India. What could be the possible causes? Would 100% FDI be helpful? | Business Standard
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3yrs 13days 16hrs 28mins ago | COMMENTS [2] | General

Insurance broking is an area where not many international players are present in India. What could be the possible causes? Would 100% FDI be helpful?

Insurance broking is an area where not many international players are present in India. What could be the possible causes? Would 100% FDI be helpful?

FDI in insurance Broking will improve the customer service and customer awareness about the policy terms which they are buying. The internation market is more matured in insurance hence will help us to move towards granting of adequate coverage to clients and prevent misselling and a blind pro-customer approach of indian broking firms.
Wednesday 26th of February 2014 06:45:50 AM
Because of holding of only 26% maximum shareholding, not many MNC's are present in this field. With 100% FDI many new foreign brokers will come to India & will also bring innovation in the Indian market in terms of way to provide service & help peniterate the market in a bigger way to increase Insurance Premium Volume in terms of per capita spend by Indian on Insurance.
Tuesday 25th of February 2014 06:07:12 PM