Financial Services Industry
Industry: Email Alert RSS FeedBroker pledges transparency
Risk & Insurance, Feb, 2005
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Reinsurance broker Guy Carpenter, a subsidiary of Marsh Inc., has informed its clients of a new "disclosure doctrine" that promises transparency in all transactions with clients in the reinsurance market. The policy ensures that Guy Carpenter will review with the client its anticipated compensation on the client's behalf before all policy renewals and that brokerage for each reinsurance transaction would be displayed on the cover note for all treaty business, the company said.
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