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Sir John Macdonald
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The Conflict of an Insurance Broker
Read case 5.2, “The Conflict of an Insurance Broker.” Answer the following questions and submit your answers to
§ Should A & A present the Reliable bid to the museum, knowing that the museum might be forced by financial
pressure to accept it?
§ As an agent of the museum, A & A is obligated to act in the museum’s best interest. What specifically does this
obligation entail? Hint: compare the role of an insurance broker with the roles of physicians and lawyers, who are
also obligated to act in the best interest of a patient or a client.
§ Does the compensation system for insurance brokers create the right incentives?
Should the system be changed?
>> View/Complete Assignment: The Conflict of an Insurance Broker
ansawer in paper format
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