IMPACT OF IRDA REGULATIONS ON INSURANCE INDUSTRY WITH REFERENCE TO ICICI LOMBARD, HYDERABAD – A STUDYID: 1327 Abstract :In Order To Maintain Equity And Safeguard Consumers, The Insurance Regulatory And Development Authority Of India (IRDA) Is A Major Player In The Regulation Of The Health Insurance Industry. This Study Looked At How Consumer Awareness, Perception, And Satisfaction Are Affected By IRDA Laws. Reforms In Digital Access, Policy Portability, And Claim Settlement Have Increased Trust And Transparency, According To A Poll Of 100 Participants. Numerous Participants Expressed Increased Confidence In Grievance Redressal And A Better Comprehension Of Policies. Nonetheless, There Are Still Issues With Public Awareness And The Effectiveness Of Complaint Resolution. The Study Suggests Better Regulatory Enforcement And More Robust Policyholder Education. Although IRDA Has Played A Good Role Overall, Ongoing Improvements Are Required. Key Words: IRDA, Claim Settlement Etc. |
Published:20-6-2025 Issue:Vol. 25 No. 6 (2025) Page Nos:534-549 Section:Articles License:This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. How to CiteTalari Sanjeeva Rao,Dr. N. Ramanjaneyulu, IMPACT OF IRDA REGULATIONS ON INSURANCE INDUSTRY WITH REFERENCE TO ICICI LOMBARD, HYDERABAD – A STUDY , 2025, International Journal of Engineering Sciences and Advanced Technology, 25(6), Page 534-549, ISSN No: 2250-3676. |