Capping Car Insurance Brokerage Fees Will Reduce Business And Cut 25,000 Jobs

08.18.2014 By Oana Gavrila

Capping brokers' fees on mandatory car insurance policies (RCA) will raise insurers' costs, will narrow the RCA market and will reduce brokerage by 30%, costing 25,000 insurance brokers and collaborators their jobs, the Romanian brokers association UNSICAR said Monday.

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Keywords:
UNSICAR
, RCA
, ASF