Although the Insurance Regulation is at a nascent stage in India. IRDA is definitely doing a good job given that Insurance although a matter solicitation has always been mis-sold to the gullible masses, depriving of the real type of insurance the person actually needed as per his need at the hour
irda is doing an excellent work on regulation of insurance sector and keeping insurance agencies on check. we need similar bodies in 1) education sector 2) medical 3) real estate etc to protect common man.
