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Agents' nice little earner

By: Language: English Series: Estates Gazette ; (0649), 9 December 2006, 86-88(3)Publication details: 2006Subject(s): Summary: Discusses the practice of managing agents in insuring of a building with an insurer that pays commission either to that agent or with a company with which that agent is closely connected with. Tenants are increasingly becoming aware of these practices, arguing that managing agents fail to negotiate the best premium because they have a vested financial interest in keeping premiums high.

Discusses the practice of managing agents in insuring of a building with an insurer that pays commission either to that agent or with a company with which that agent is closely connected with. Tenants are increasingly becoming aware of these practices, arguing that managing agents fail to negotiate the best premium because they have a vested financial interest in keeping premiums high.