Broker introducing new billing structure for carrier services

Aon is overhauling its charging structure, provoking protest from underwriters who believe it is seeking payment increases.

Aon denies it is actively seeking increases, claiming it is only aiming to “standardise and simplify” its fee structure.

Aon provides administrative services to insurance carriers related to policy issuance, accounting, delivery and document storage, and is compensated for these services “in a variety of ways”, a spokesman said.

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