View from the Top: The money-go-round
I've had a go, on the back of a large envelope, at breaking down where the money goes that Mr Customer spends on his motor insurance. Just what happens to a typical £400 premium?
In the intermediary market, £100 goes to Mr Broker as commission, fees and add-ons, with £45-odd of that going to Mr Aggregator.
The next £75 goes to the "claims farmers" (Mr Credit Hire and Mr
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