Unrealistic commissions are no excuse

I want to congratulate Tony Cornell on his excellent Agenda column last month, as I thought that his...

I want to congratulate Tony Cornell on his excellent Agenda column last month, as I thought that his comments and observations were spot on.

I hope every insurance company chief executive reads the article and realises that the existing structure of commissions - I have recently heard unsubstantiated rumours of up to 50% being paid for property business - is completely unsustainable and could result in a 'meltdown' of the insurance industry.

I work as the commercial manager of a small local broker

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.

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

This address will be used to create your account

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: