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News - Biba offers to step in over Zurich row.

Europe Intelligence Wire

| July 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Post Magazine)

The British Insurance Brokers' Association has offered to intervene in the row over Zurich's decision to cancel its agency with broker Folgate, if asked.

Following a meeting between the two parties this week to discuss the run-off of the business, Folgate chief executive Andy Homer slammed Zurich's tactics of using rival brokers to attack its clients, branding the insurer's actions as "unprecedented".

He added: "The insurance company, with all its resources, is attacking the livelihood of a broker. For an insurance company to write direct to a ...

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