Insurance brokers labour in structured finance shadows

Insurance brokers have set up subsidiaries to tap into the increasingly lucrative field of structured finance. They offer solutions for troubled transactions, as well as services that compete directly with the banks.

Pennsylvania-based insurance broker Willis saw operating cash earnings jump by 172% in 2001, a rise the firm’s chairman, Joe Plumeri, attributes in part to the increasing role that structured finance business is playing in its revenue mix.

While the structured finance business may be very profitable, it is not very transparent. Banks’ or investment banks’ mandates are one of the main areas of business for these new structured finance groups. Usually the financial institutions have credit

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here