Lawyers issue fiduciary-duty warning around SMBs
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Lawyers issue fiduciary-duty warning around SMBs

Brokers and insurers must obtain informed consent from clients for the commissions.

By Rachel Dalton
February 06, 2025
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Legal experts convened by the Lloyd’s Market Association (LMA) have warned of grey areas around the use of syndicated market brokerage (SMB) and fees associated with facilitisation.

At

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Topics

News Regulation London market Legal Specialty lines Brokers
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