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Risk Managers Wrong to Oppose Contingent Pay, Charge PIA Agents

National News • June 13, 2007
The National Association of Professional Insurance Agents has criticized a statement issued by the Risk and Insurance Management Society (RIMS), saying the group's position on incentive ...

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Subject: RE: RE: RE: RE: Rims / PIA Compensation

Posted On: June 14, 2007, 9:29 am CDT
Posted By: TC
Comment:
The real issue for me is not the fact that agents are being paid these comissions, especially since a reaonable alternative for compensating agents is being put forth by anyone criticizing the existing structure(other than having the insurer bear the brunt, which is not a solution), but rather that as a client I believe we have the right to know what the compensation structure is on our account and all comissions paid or proposed should be disclosed to us with our renewal proposals. This is particularly key when we have our agents coming to us requesting higher fees because the market is soft and they are not making the money they think they should be...who is paying what to whom? that is all I am interested in to enable me to make well informed buying decisions on our organization's behalf.
Subject Posted By Posted On
contingent commission or service fees? dan
Jul 3, 2007, 4:52 pm
Free market system???? Former Insurance Broker
Jun 25, 2007, 6:41 am
Conflict of interest Beaumont
Jun 18, 2007, 5:30 pm
RE: RE: RE: RE: RE: Rims / PIA Compensation Jim Howse
Jun 16, 2007, 7:54 am
RE: RE: RE: RE: Rims / PIA Compensation Danny
Jun 14, 2007, 4:34 pm
RIMS/PIA Compesnation Pat
Jun 14, 2007, 11:46 am
RE: RE: RE: RE: Rims / PIA Compensation TC
Jun 14, 2007, 9:29 am
RE: RE: RE: Rims / PIA Compensation Jerry
Jun 14, 2007, 8:29 am
PIA Clark
Jun 13, 2007, 4:51 pm
RE: RE: Rims / PIA Compensation Bill
Jun 13, 2007, 3:58 pm
RE: Rims / PIA Compensation Tim
Jun 13, 2007, 2:21 pm
Rims / PIA Compensation Been Around
Jun 13, 2007, 2:09 pm
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