Jardine Lloyd Thompson (JLT) has welcomed Airmic's recent statement on broker remuneration...

Jardine Lloyd Thompson (JLT) has welcomed Airmic's recent statement calling for disclosure of brokers' earnings across the UK insurance industry.

JLT announced in October 2004 that it would not participate in placing service agreements or similar market service payment arrangements (MSAs), saying the decision was driven by the hope that a level playing field would be soon established and transparency would apply throughout the industry.

As Airmic's statement highlights, some insurers and brokers still continue to participate in MSAs in segments of the UK market.

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