07-04-2017 14:16 via insuranceinsider.com

Opinion: Greenberg and the brokers

Evan Greenberg gave the brokersa fierce shellacking earlier this week, the like of which we
haven't seen in some time.
The Chubb CEO castigated the brokers for their
"predatory" and "abusive" behaviours around
commissions, and accused them of "enrich[ing] themselves at
the expense of both their customers and underwriters". He
singled out the London market as the most egregious case.
The status quo is unsustainable to Greenberg.
This kind of invective and the underlying analysis will be
familiar
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