Mactavish urges buyers to tender business to multiple brokers as report flags conflict of interest

Credit: iStock/stanciuc

A new report from Mactavish finds that brokers operating in the UK market receive as much as 80% of their remuneration from insurers and much is directly linked to premium, creating a “huge” conflict of interest. It says this conflict is set to worsen as rates harden further because of Covid-19 and advises policyholders to tender business to multiple brokers…

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