Perks of the job

Q. As the EU plans its own Spitzer-style investigation, should we be reviewing the 'extras' we recieve by way of hospitality from our insurer partners?

Some years ago, I wrote an article for Professional Broking on the subject of brokers receiving hospitality and how they should consider their own hospitality programmes for key clients. I certainly did not envisage then the whole new way in which broking firms would have to consider their relationships with insurers, beyond the transactional.

A key aspect of good regulatory practice is the ability of a firm to recognise where a potential conflict of interest may arise, and so called