UK Insurance News : Bribery and Corruption Examination by U.K. On London Insurance Firms

A bunch of London insurance firms are being researched for bribery and corruption by the U.K.’s Serious Fraud Office, as per people familiar with the probe.

The cops are examining the way firms, including Marsh & McLennan Cos.’s Jardine Lloyd Thompson and Tysers Insurance Brokers Ltd. best and secured business in South America, the people said, who asked not to be recognized in because the matter is private. The investigation has been in flow for a really long time yet the SFO has not yet disclosed it. The probe stretches out past the two firms into different corners of London’s insurance market although less than five organizations are being checked out, one of the people said.

Source-

https://www.bloombergquint.com/markets/london-insurance-firms-probed-for-bribery-and-corruption-by-u-k

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