Analysis of Changes in the Regulatory Requirements for Participants in the Non-life Insurance Market in Bulgaria Cover Image

Analysis of Changes in the Regulatory Requirements for Participants in the Non-life Insurance Market in Bulgaria
Analysis of Changes in the Regulatory Requirements for Participants in the Non-life Insurance Market in Bulgaria

Author(s): Desislava Racheva
Subject(s): Economy, Financial Markets
Published by: Съюз на учените - Варна
Keywords: regulatory framework; legal requirements; insurance mediation; non-life insurance market; sales channel; insurance service

Summary/Abstract: The changing conditions of the non-life insurance market have increased the importance and strength of insurance intermediaries over the last ten years. The need to implement European requirements, directives and practices necessitates a number of changes to the regulatory framework governing the insurance market in Bulgaria. The purpose of this article is to address the challenges facing participants in the insurance channel, with an emphasis on the quality of service provided by insurance intermediaries as a result of regulatory changes.

  • Issue Year: 8/2019
  • Issue No: 2
  • Page Range: 120-129
  • Page Count: 10
  • Language: Bulgarian