Advisen Briefing Abstract: Trust, But Verify: Risk Manager Survey on Broker Relationships

Publication Date: November 2, 2005
Source: Advisen -- Risk Management

"At the one year anniversary of New York Attorney General Eliot Spitzer’s suit against Marsh Inc. alleging bid rigging in the insurance placement process, respondents to Advisen’s latest survey of corporate insurance buyers:

• Are more proactive in managing the insurance placement process, and
• Are still contemplating whether they should replace their current broker, but
• Are satisfied that broker compensation and compensation disclosure issues have been addressed..."