It seems advisers are split when it comes to deciding if there are too many insurance companies operating in New Zealand.
Currently there are 17 firms serving our island nation, and according to Financial Services Executive Don Allerston, that’s too many.
His comments, made during a recent FSC panel discussion, prompted our latest poll, which asks if are there too many insurance companies in New Zealand?
Of those who have so far voted, 52 per cent say no, 43 per cent say yes, and 4 per cent are not sure.
There’s still time to cast your vote, and you can read what Allerston has to say here.
Are there too many insurance companies in New Zealand?
- No (54%)
- Yes (43%)
- Not sure (4%)