Willis slams Aon's stance on contingent commissions
Willis Group Holdings has responded to the announcement by Aon Corporation that it would resume accepting contingent commissions “where appropriate and legally permissible”.
Willis has labelled Aon's position on contingent commissions "troublesome and ambiguous" and said it now stands as the world's only insurance broker to refuse to accept contingents in its retail business.
The move comes after the broker stepped up its campaign by distributing a third-party white paper detailing what it described as "the conflicts of interest created by the controversial payments".
In a statement Willis said: "Aon's overdue and muted announcement, floated in mid-summer, should
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