What Do I Do If The Plaintiff Has their Own Broker?

Inform your broker immediately and let him or her deal with the issue.

Depending on the circumstances, it is not uncommon for brokers to work out an agreement to share the commissions in some fair proportion. But if this is not one of those times, you must stand by your broker and inform the claimant or claimant's broker that the case will be structured with an "approved" broker.

Note: watch your defense counsel. Make sure they are aware that your company has a structure program and that only approved brokers may do the work. Many defense attorneys are unaware of company programs and program rules and they unwittingly agree on your behalf to the use of non-approved brokers and/or annuity issuers.

Your company (and manager) won't like that result. Be sure all your attorneys know that you have assigned a broker to the case and make sure all structure-related issues are referred to that broker.