Financial Advisers Find It Tougher To Place New Business

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The majority of financial advisers are finding it harder to place new business with insurers as a result of the Covid-19 pandemic according to the latest Risk Info NZ poll.

The result follows a report by advisory and broking firm Willis Towers Watson which reported last week that insurers are taking a cautious approach to accepting new business as a direct result of the pandemic.

Of the votes cast so far; 61% of you agree it is more challenging to have new policies accepted, 32% appear to be placing business as normal, and 7% are unsure if there has been any change.

Since the onset of the Covid-19 pandemic, have you found it more challenging to have your new business proposals accepted?

  • Yes (69%)
  • No (27%)
  • Not sure (4%)

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