HUMAN RESOURCES DEVELOPMENT ON THE ROMANIAN INSURANCE MARKET

Abstract

Taking into consideration the latest developments in the area of consumer protection at the level of European Union concerning the intermediation of financial products, the national insurance markets are striving to adapt to the requirements of the professional development of the personnel offering intermediation services to the final consumer. The continuous professional development (CPD) systems have to be implemented also on the insurance industries, starting from the experience of the banking or investment sectors, and thus the interest of the insurance undertakers’ into designing training budgets that will be sufficient for the requirements of the regulator. The paper is aimed at presenting the situation existing over Europe and coming up with proposals that are already in motion on the Romanian market.