Financial times

Brokers must be armed with the full financial facts before placing business with an underwriter and pass on this knowledge to their clients, says Michael Howard.

The security of underwriters recommended by brokers is highly
sensitive.


While many broking houses have security committees to discuss
underwriters' solvency, acknowledgement of such committees and details of
membership is often as secret as the methods used to vet underwriters'
credentials.


This subject is becoming increasingly important, however, following
high-profile collapses such as Independent Insurance.


When placing insurance, to what extent are brokers expected to review an
underwriter's

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: