Brokers call for clear risk transfer policy
One of the hottest debates to come out of Biba 2011 centred on the thorny issue of brokers handling client money.
Speaking at the Regulatory Forum, Towergate chief executive Andy Homer, Bluefin’s Stuart Reid, Willis’ Brendan McManus and Steve White of the British Insurance Brokers’ Association (Biba) discussed the need for a standard market wording for risk transfer and this was strongly supported by brokers
in the audience.
When the broker acts as an agent of the insurer and collects client
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Regulation
Most read
- Aviva UK sees COR deteriorate and operating profit slip
- Tribunal overturns CMA Most Favoured Nation clauses ruling and £17.9m Compare The Market fine
- FOI reveals scale of FCA investigation into leaseholder insurance
- People Moves: 8-12 August 2022
- Policy Expert targets doubling within five years, says CEO Steve Hardy
- MGAs rising up GRP’s buying plans
- GRP-owned Newstead promotes Sarah Giles to managing director