Broker Contingency Commission – Good or Bad

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Broker Contingency Commission – Good or Bad

In this White Paper summary, Mr. Underdown explains that the fact that a broker has a contingency-type producers contract with a specific insurance company can be of great value to the insured resulting in a lower price for the insured, under the right circumstances. Therefore, contingency commissions are not inherently bad for the ultimate consumer. He states the real issue is one of full disclosure.

Robert E. Underdown

Principal Consultant

The Insurance Archaeologist™