Imarket could help halt over-charging

Polaris has entered exploratory talks with brokers, insurers and software houses to determine whether imarket could be used to ensure brokers do not get over-charged by insurers.

Analysis is already underway to define standards for account reconciliation, and avoid the discrepancies that often occur between brokers' and insurers' accounts. The results are expected to be released in 2005. Philip Nunn, marketing manager, Polaris explained: "There is often a discrepancy between what a broker

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