What is all the fuss about?
The disclosure of commissions has been thrust back into the limelight following Spitzer's inquiry in...
The disclosure of commissions has been thrust back into the limelight following Spitzer's inquiry into Marsh and others in the US. While there may be a case to be answered with a minority of firms, why do other industries come under less or no pressure to disclose how much profit they are making?
Asda is not required to disclose how much it makes from every can of beans it sells. Although, obviously, insurers are making a great effort to be transparent and above board in this regard ahead of regulation, the clamour for a whole new price structure seems a little over the top to me; I wonder if others agree.
Anonymous.
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 print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk