Wholesalers won't be disintermediated: DeCarlo

AmWins CEO Steve DeCarlo has strongly defended wholesale
brokers, arguing that they are an essential part of the insurance
foodchain and should not be disintermediated.
Speaking at the InsiderScope New York 2016 conference
today (10 May), the broking executive said that use of a wholesale
broker was in the client's best interest.
In contrast, he argued, the increasing use of panels to place a
risk with an insurer could lead to regulatory scrutiny similar to
that unleashed on the industry...