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

Desislava Racheva ()
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Desislava Racheva: University of Economics - Varna

Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, 2019, vol. 8, issue 2, 120-129

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.

Keywords: regulatory framework; legal requirements; insurance mediation; non-life insurance market; sales channel; insurance service (search for similar items in EconPapers)
JEL-codes: G22 M31 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:vra:journl:v:8:y:2019:i:2:p:120-129

DOI: 10.36997/IJUSV-ESS/2019.8.2.120

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