United Insurance Brokers accused of failing to prevent bribery by SFO
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United Insurance Brokers accused of failing to prevent bribery by SFO

Representatives from the UK broker have been ordered to appear before magistrates on 7 May.

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The Serious Fraud Office (SFO) has accused United Insurance Brokers (UIB) of failing to prevent international bribery.

The SFO alleges UIB’s US-based intermediaries for Ecuador paid bribes in return for the awarding of re-insurance contracts, worth $38mn, insuring against any...

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