Marsh to seek clawback from underwriters for axed commissions
Marsh UK expects to publish details of its new business model 'within weeks', following the delayed ...
Marsh UK expects to publish details of its new business model 'within weeks', following the delayed announcement, which was due at the beginning of this year.
The move follows pressure on the company to reform its practices after its US parent Marsh McLennan was accused of bid-rigging by New York State Attorney General Eliot Spitzer.
A leaked document of Marsh's proposals for reform, circulating in the market, is understood to reveal that the broker may insist on discounts from underwriters for
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