Insurance awareness is increasing in India, but it is not enough compared to international standards. The country promises enormous growth. However, the growth depends on the efforts being made by the players, the common people and regulators. Indian insurance industry, to match the growing market, should look for expertise in its employees. Unless it realises its priorities, and players, regulators, government and other direct and indirect participants realize their responsibilities and realign themselves positively, the real purpose for which the industry has been opened up would remain a dream.
ABOUT THE AUTHOR K.B.S Kumar
K B S Kumar holds a PGDBA (Finance) from the ICFAI Business School, Hyderabad; Masters degrees in personnel management and organizational psychology from Osmania and Annamalai University, respectively. At present he is working as a Consulting Editor at ICFAI Books, a division of the ICFAI University Press. He is also an adjunct faculty at ICFAI Business School. He contributed articles, case studies and book reviews on the topics of leadership, change management, and training and development to various publications of the ICFAI University Press such as Insurance Chronicle, Global CEO, HRM Review and Chartered Financial Analyst. He edited a few books also published by the ICFAI University Press. His areas of interest include communication, human psychology, leadership, emotional intelligence, and training and development.
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