Specialists in recovery of secret insurance commissions
We specialise in recovering hidden commission payments for landlords of commercial properties. These payments are taken by managing agents arranging the property insurance through their broker. Our 3 step process achieves a successful outcome for our clients.
The first step in our recovery process is to analyse the premium being charged and determine if the rates could have been inflated to cover the cost of secret commissions. Very little effort is required on your part and and of course full confidentiality is essential at this stage.
The second step in our recovery process is to investigate the transparency of the third party commission and make a formal request for the commissions to be disclosed. This can be difficult to achieve in practice which is where our expertise proves to be invaluable to our clients.
The final step in our recovery process involves calculating the secret profit to be recovered in order to proceed with the financial recovery from the third parties. Significant sums of money can be recovered for our clients as demonstrated in our £1million case study.
We specialise in recovering hidden commission payments for landlords of commercial properties [...]
Neil Holloway, Founder of M2 Recovery was delighted to be selected to contribute an article to the 2017 Parliamentary Review. The article highlights the issue of secret profit commission [...]
We were instructed on behalf of RBS to undertake an insurance audit on a portfolio of properties which had fallen into default. The Borrower had insured through their preferred Broker [...]
In our experience,the prevalence of secret commissions is widespread within the commercial property sector. [...]
How being named as co-insured helped NCP recover £500K Pounds in illegal secret commissions [...]
Flat owners have been overcharged billions of pounds for buildings insurance in an "endemic" problem that takes advantage of the leasehold system. [...]
Buying commercial property insurance is a complicated process, we have brought together four expert tips helping you to purchase your insurance cover [...]
Secret commissions are a serious problem for the commercial real estate sector. Millions if not billions of pounds are being paid to unscrupulous managing agents and landlords every year without the knowledge of those they are acting on behalf of. [...]
Any business that acts as an intermediary for a financial transaction with a third party can be classed as an agent.This includes insurance brokers, managing agents, accountants, lawyers, insolvency practitioners, financial advisers, retailers and others. [...]
The commercial property sector is a well-established market, but within the industry is an equally well-established practice of secret commissions that undermines the honesty and integrity of the marketplace. [...]
The insurance broker market is under going considerable change in the UK with the larger players snapping up their smaller counter parts to fuel their growth and drive their expansion into the regions.. [...]
The world’s leading football agents have become millionaires off the back of pedalling their clients between Europe’s richest clubs.. [...]
A consortium of 14 top hoteliers in Jamaica, the Cayman Islands, Bahamas and Florida are suing a London-based insurance broker for €10m after they were defrauded out of millions following a ‘grossing up’ scam by a former employee. [...]
Contact us today for more information about how we can help you.
I am very proud that my business is based upon achieving full transparency for all parties involved in insurance transactions. I believe M2 Recovery is a revolutionary offering which benefits all of my clients
Neil Holloway, Founder