Aon code sparks call for broker fee transparency.

Commercial brokers are being urged to follow Aon Risk Services' example after the publication of its...

Commercial brokers are being urged to follow Aon Risk Services'
example after the publication of its code of business conduct. The code,
drafted with the assistance of the Association of Insurance and Risk
Managers, is aimed primarily at dispelling concern over broker
remuneration and lack of business transparency.


Richard Reddaway, chairman of AIRMIC, has been campaigning for a greater
transparency of broker fees and payments, since last year.


The code requires Aon brokers, prior to accepting

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Biba 2024: FCA to take its time on transparency proposals

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator was “overwhelmed” at the response and amount of feedback to its transparency proposals, and that it is going to “really take our time” when considering any possible next steps.