Skip to main content

RSA denies broker commission cuts

piles-of-pounds

Insurer says it will not be slashing broker commission as part of efficiency drive.

RSA has denied reports that it is set to cut broker commission levels in a bid to save £150m.

The insurer said that reports in the trade and national press were not correct and confirmed to Insurance Age that there were "no plans to change commission levels".

The reports claimed that RSA is seeking to save £150m globally by lowering commission rates, making redundancies and investment in more efficient technologies.

A spokesman said that the figure of £150m worth of savings was arrived at by an

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 info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Show password
Hide password

Aviva to open US commercial lines branch in New York

Aviva is setting up an onshore surplus lines business in the US, based in New York City, with a target of starting to trade in the second quarter of this year in a move it claimed will strengthen its proposition for brokers and clients.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: