Undercurrent.
Explore / Consumer Finance

Insurance & Distribution

How insurance is distributed, priced, and remunerated — broker economics, commission structures, and the hidden incentives in the chain.

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01

The Reserving Game

Your business insurance quote is not a price. It is a market position, taken by an insurer whose history of getting reserves right or wrong helps determine the number you pay.

02

The Broker's Cut

You think your broker is shopping the market for you. They are being paid by the people they are shopping at.