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26 April 2024Insurance

Insurance brokers claim non-compete ban won’t trigger rise in attrition

A decision by US authorities to ban non-competition clauses in employment contracts need not crimp the style of leading re/insurance brokerage groups or threaten them with an increase in producer attrition, top industry leaders have claimed. 

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More on this story

Insurance
26 April 2024   A federal ban on non-competition clauses won’t be an obstacle in managing attrition.
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25 April 2024   CEO Hess claims broking revenues are rate-indifferent, credits retention & new business.
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19 April 2024   But insurers are turning ever more savvy, creating a gulf between the best and the rest.