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Are there few companies in Azerbaijan? – Expert answer

03.10.2019,12:00


October 3, Fineko/abc.az. The Azerbaijani insurance sector needs customer services, innovative products, and novelties. 

Insurance expert Khayal Mammadkhanli told about that to news agency ABC.AZ, when answering the question about the shortage of companies in the insurance market. 

He noted that if there is indeed a normal and professional network of sales (mediators), the number of companies does not matter: "In my opinion, the number of companies is enough. It is not the quantity but the quality of the companies that matters. However, I would very much like (and this is my subjective opinion) to have leading foreign insurance companies on the market. This would create interesting competition, interesting innovations and experience. Currently, our market is 100% national." 
 

Author: Elmir Murad