In the wake of the brokerage price-fixing scandal, a survey ofcommercial insurance buyers' reports they are paying closerattention to their broker arrangements and making changes inmultimillion-dollar insurance programs.
The findings from a poll of risk managers at more than 500 U.S.and Canadian corporations and government entities were reported byNew York-based Advisen Ltd.
Almost half the buyers who participated in the survey said theyhad made some significant change in the relationship with theirincumbent broker--including replacing the broker or re-assigningsome portion of their program to a new broker--or are considering amaterial change in their current broker relationship over the next18 months, Advisen said.
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