RSA denies broker commission cuts
Insurer says it will not be slashing broker commission as part of efficiency drive.
RSA has denied reports that it is set to cut broker commission levels in a bid to save £150m.
The insurer said that reports in the trade and national press were not correct and confirmed to Insurance Age that there were "no plans to change commission levels".
The reports claimed that RSA is seeking to save £150m globally by lowering commission rates, making redundancies and investment in more efficient technologies.
A spokesman said that the figure of £150m worth of savings was arrived at by an
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk