As your independent insurance broker, we purchase insurance products and services on your behalf that are available, affordable and understandable.
Our role is to provide you with the best insurance value that combines coverage, service, and price. We also provide personalized, quality service that includes professional insurance advice, ongoing policy maintenance and claims support. When any issue arises regarding your insurance coverage, we are your advocate, using our professional experience to best represent your individual interest.
Brokerage compensation is part of your insurance premium. For your benefit, we have listed below the various Insurers, Wholesalers and Underwriting Managers we represent and have included the range of compensation each provides as a percentage of your overall premium that appears on your invoice.
PERSONAL LINES - Automobile (may include Recreational Vehicles), Property (may include Watercraft) and Excess Liability (Umbrella)
|Automobile||Property & Casualty|
|Pilot Insurance Company *||9.5 - 15||15 - 20|
|Aviva/Elite Insurance Company *||15||15 - 20|
|Dominion of Canada *||10 - 12.5||20|
|ING Insurance Company of Canada *||10 - 12.5||20|
|Lombard Canada *||12.5||20|
|Economical Insurance Group *||10 - 12.5||20|
|Perth Insurance||10 - 12.5||N/A|
|Echelon General Insurance Company||12.5||N/A|
|Chubb Insurance Company||N/A||15|
|Royal and Sun Alliance Facility||7.5 - 11 (certain classes capped between $125 - $250)||N/A|
|Jevco Insurance Company||15||N/A|
|Kingsway Insurance Company||5 - 12.5||N/A|
COMMERCIAL LINES – Automobile, Commercial General Liability, Composite Mercantile Policies and Bonds
|Automobile||Property & Casualty|
|Aviva Insurance Company of Canada *||7.5 - 12.5||15 - 20|
|ING Insurance Company of Canada *||7.5 - 12.5||15 - 20|
|Dominion of Canada *||7.5 - 12.5||15 - 20|
|Economical Insurance Group *||7.5 - 12.5||15 - 20|
|Royal and Sun Alliance Facility||6 - 10 (certain classes capped between $125 - $250)||N/A|
|Boiler Inspection & Insurance Company||N/A||20|
|The Encon Group||N/A||10 - 15|
|The South Western Group||N/A||10|
|Global Aerospace Underwriting Managers||N/A||10|
|Totten Group||N/A||12.5 - 15|
|Sports & Fitness Insurance Canada||N/A||17.5|
|Elliot Special Risks||N/A||10|
|Frank Cowan Company||10||10|
|Premier Marine||N/A||10 - 15|
This commission percentage is paid annually for both new business and renewals.
In order for us to maintain strong relationships with quality insurers, we work in conjunction with each Insurer to provide the type of business they desire. The Insurers marked with an asterisk (*) noted above recognize our efforts through a Contingent Commission Contract. Payment of the Contingent Commission may depend on a combination of growth, profitability, volume, retention and increased services that we provide on behalf of the Insurer. Contingent Commission is not guaranteed. For detailed information on Contingent Commission, please go to the individual Insurer’s website.
Should there be an increase in any commission we receive from any Insurers, Wholesalers and Underwriting Managers we represent, or any other material change that affects compensation arrangements, this disclosure statement will be amended accordingly.
If you have any questions regarding this or any other aspect of your insurance, please contact us.