Marsh boss Weil calls for U-turn on 'perverse' risk pooling for schools

Marsh chief executive Mark Weil

Global broker Marsh is urging the government to rethink the introduction of a risk pooling arrangement for academies and free schools amid claims the scheme will result in a substantial loss for the taxpayer.

The RPA proposal would result in a mechanism through which costs of risks that materialise from 1 September 2014 will be covered by government funds rather than by existing commercial insurance.

Acade

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