Addendum to Market Presentation 02.04.09
Subsequent to the Presentation we have been asked by Marsh to clarify their position and are happy to do so in order to reflect their current position, which is as follows:-
Marsh are not currently recommending any collection agents or putting forward a panel of providers; we advise experts to do their own research.
A number of third party agents have signed the necessary documentation with Marsh in order that they may transact business using Marsh UCR's in respect of fees which do not benefit Marsh clients on contracts incepting 1 January 2009.
Marsh does not have any documents classified as "co-operation undertakings" the document referred to in the Presentation Transcript should be referred to as a Confidentiality Agreement.
Barry Jones, Head of Marsh Claims
Click on the link below to read the full transcript
Lloyd's Market Presentation
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