Banking, Financial Services & Insurance
Insurance sector has been opened up for competition from Indian private insurance companies with the enactment of Insurance Regulatory and Development Authority Act, 1999 (IRDA Act). As per the provisions of IRDA Act, 1999, Insurance Regulatory and Development Authority (IRDA) was established on 19th April 2000 to protect the interests of holder of insurance policy and to regulate, promote and ensure orderly growth of the insurance industry. IRDA Act 1999 paved the way for the entry of private players into the insurance market, which was hitherto the exclusive privilege of public sector insurance companies/ corporations. Under the new dispensation Indian insurance companies in private sector were permitted to operate in India on the fulfillment of certain prerequisites. A large number of public and private players are competing today in both life and general insurance segments.
Next Step Solutions provides complete recruitment solutions to some of the leading insurance companies in India and overseas. We have closed positions across all levels. We are working on nationwide requirements with all our clients. Our dedicated team of 8 recruiters in the insurance division have vast experience of recruitment into this industry.
