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Reinsurance Brokerage

 

 

 

If the broker purchases reinsurance, it is probable that a commission is earned by the insurance broker.  What fee should be paid?  The typical fee is 10 percent commission.  But is it appropriate?   If the reinsurance market is quite limited, or insurance is regularly purchased with the same reinsurer, maybe the fee should be lower?  Some reinsurance brokers are willing to consider placement on a time-and-expense basis or for a lower commission rate.

 

 

 

 

 

F. Darrell Lindsey

State Approved Captive/RRG Manager

U.S. State Licensed Agent/Broker

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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