Brokers must be whiter than white

The campaign by Eliot Spitzer, the New York Attorney General, against Marsh and alleged corruption i...

The campaign by Eliot Spitzer, the New York Attorney General, against Marsh and alleged corruption in the US insurance industry must have sent shivers down the spine of all general insurance chief executives. For those directly impacted, the position is much more serious as evidenced by the reductions in share prices, loss of high credit ratings and client confidence.

Was the crisis caused by an over-zealous, ambitious, American district attorney or was it a vendetta against the Greenberg dynasty

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The growing role for brokers in fighting insurance fraud

With reports of fraud escalating in terms of value or number, the role of brokers in combatting these crimes should not be underestimated. Edward Murray looks at the controls, validation tools and processes being implemented to support both detection and prevention.

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