Briefing: Brokers could be ‘on thin ice’ where commission sharing is concerned

Article ID: 5af1dad5e64d2378a85b801e5a8a7a0462c11cf7def4ed42dc4642d42676012c

Source ID: secondary:insurancetimes.co.uk

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Extraction Method: trafilatura

URL: https://www.insurancetimes.co.uk/briefing-brokers-could-be-on-thin-ice-where-commission-sharing-is-concerned/1457680.article

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The ground is shrinking beneath brokers and insurers still involved in the process of shafting leaseholders
The regulator, government and the judiciary are aligned on changing a set of rules that have long served to cut the beneficiaries of an insurance policy out of important decisions on where to source their protection.
Back in 2022, soon after I joined Insurance Times, I wrote about how leaseholders in multioccupancy buildings were being shafted by rules which meant that, while they paid for their building’s insurance via service fees to a building management agent, they had no input in the buying process.
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