Insurance Age blog: Referral fees and the ABI

Martin Friel
21 Apr 2011

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

And that’s no bad thing. It would take an idiot or an accomplished liar to suggest with a straight face that the existence of referral fees in the claims process is a good thing. It patently isn’t. It adds costs and creates so many conflicts it puts the Millibands to shame.

But it’s not as simple as just getting rid of them and there are two main points I’d like to make here. First of all there are many brokers out there who are reliant on the income that referral fees provide.

Now I am not

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.

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]

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]

To continue reading...

Sign In

Access Insurance Age

You are currently on corporate access.