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St Paul makes compromise on Toba

Property casualty insurer, St Paul Travelers has released its new Terms of Business Agreement (Toba)...

Property casualty insurer, St Paul Travelers has released its new Terms of Business Agreement (Toba) with a bolstered non-solicitation clause, after earlier criticising the British Insurance Brokers' Association (Biba) recommended five-year restriction on non solicitation.

Speaking a week before the Toba was released, St Paul chief executive, Martin Hudson, said that the document followed the Association of British Insurers (ABI) and the Biba guidelines, including both a non-solicitation clause

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