Lloyd's broker commissions coming under more scrutiny. (Lloyd's of London): An article from: National Underwriter Property & Casualty-Risk & Benefits Management
Book Details
Author(s)Lisa S. Howard
PublisherThe National Underwriter Company
ISBN / ASINB00092VAVC
ISBN-13978B00092VAV3
MarketplaceIndia 🇮🇳
Description
This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on August 29, 1994. The length of the article is 1199 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Lloyd's of London insurance brokers' commissions are being re-evaluated as the syndicate focuses on cutting costs. Some brokers that work hard and sign complicated contracts deserve their commissions, but other brokers do not. Some contracts are merely one-stop renewal contracts, and often brokers work on fees rather than commissions. Lloyd's is interested in streamlining its distribution system, and cutting commissions may help.
Citation Details
Title: Lloyd's broker commissions coming under more scrutiny. (Lloyd's of London)
Author: Lisa S. Howard
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: August 29, 1994
Publisher: The National Underwriter Company
Issue: n35 Page: p2(2)
Distributed by Thomson Gale
From the supplier: Lloyd's of London insurance brokers' commissions are being re-evaluated as the syndicate focuses on cutting costs. Some brokers that work hard and sign complicated contracts deserve their commissions, but other brokers do not. Some contracts are merely one-stop renewal contracts, and often brokers work on fees rather than commissions. Lloyd's is interested in streamlining its distribution system, and cutting commissions may help.
Citation Details
Title: Lloyd's broker commissions coming under more scrutiny. (Lloyd's of London)
Author: Lisa S. Howard
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: August 29, 1994
Publisher: The National Underwriter Company
Issue: n35 Page: p2(2)
Distributed by Thomson Gale

