A STUDY ON FACTORS INFLUENCING LEADERSHIP STYLES AND PRACTICES IN LIFE INSURANCE INDUSTRY

Abstract

The Indian life insurance industry has its own origin and history, since its inception. It has passed
through many obstacles and hindrances to attain the present status. Insurance owes its existence to 17th
century England. In fact, it took shapes in 1688 at a rather interesting place called Lloyd's Coffee House
in London, where merchants, ship-owners and underwriters met to discuss and transact business. This
research paper is an attempt to focus on the study of Leadership styles in Life Insurance Industry and also
to find out the effectiveness of Leadership on the overall performance of the organization as well as
development of the employees. The research work ends with certain useful recommendations to make the
prevailing leadership styles more effective and contributory for micro and macro development of
insurance sector.