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Insurance industry 'getting away with murder'

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Australian Broker | 28 Aug 2012, 11:00 AM Agree 0
Insurance companies are 'getting away with murder' according to a former minister for Bob Hawke’s government, potentially tarnishing the reputation of the brokers who sell their products to clients
  • Tony O'H | 31 Aug 2012, 01:22 PM Agree 0
    I think he also missed the othe rimportant factor relating to commissions in that industry. Can you believe what they get paid upfront and that on average the 1sy year's premiums are paid out in commissions. Do the sums and comparisons to what Brokers do and have to go through etc !!!!!!!!!!!!!!!! I think I will be making more money from referrals to Advisors than as a broker, well qualified, experienced and met all requirements, for what!!!
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