Conflicts of interest - Conflict-proof contracts
I have been looking at the latest industry guidance on commission disclosure and conflicts of intere...
I have been looking at the latest industry guidance on commission disclosure and conflicts of interest; it says that brokers can sometimes be agents of the insurers. As far as I am concerned, I always act for my client. Can you explain?
This is an area that can give rise to misunderstanding, is given high profile within the recently issued guidance that you refer to and is one where all brokers need to check their terms of business agreements in order to ensure that the service that they provide
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