Aviva denies being on “big crusade on broker commissions”
Aviva MD of UK intermediaries, Phil Bayles, says distribution costs need to improve in the sector but denies there is a commission problem following dispute with GRP.
Brokers and insurers should work together to reduce the costs of getting products to market, according to Aviva managing director of UK intermediaries Phil Bayles.
Aviva pulled its agency with Global Risk Partners (GRP) in May this year with reports citing a disagreement over commission demands.
Bayles would not be drawn to comment on the situation with GRP, but insisted that Aviva was “not on a big crusade to reduce broker commissions”.
“There are certain models which are run on the basis of
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