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 the below Automobile Insurers and Property Insurers that we represent and have included the range of compensation each provides as a percentage of your overall premium. This commission is paid annually for both new and renewals.
Automobile & Property – Personal and Commercial
Aviva* 7.5% – 22%
Unica* 7.5% – 25%
Dominion of Canada* 7.5% – 20%
Economical Mutual* 7.5% – 20%
Echelon* 10% – 12.5%
Intact* 7.5% – 20%
Royal/Sun Alliance* 7.5% – 20%
Optimum Frontier* 7.5% – 20%
Pembridge* 10% – 20%
Coachman* 10% – 20%
**Commission is capped at $250.00
In order for us to maintain strong relationships with quality insurers, we work with each to provide the type of business they desire. The Insurers with an asterisk noted above recognize our efforts through a Contingent (Profit) Commission contract. Payment of this Contingent (Profit) Commission may depend on a combination of growth, profitability (loss ratio), volume, retention and increased services that we provide on behalf of the Insurer. Contingent (profit) Commission is not guaranteed. For detailed information on Contingent Commission, please go to the individual company’s website.
We currently have a loan guaranteed by Intact Insurance Company that was used to expand our business. Further to this, Intact Insurance also has a small ownership position in our brokerage.
Your Insurer will be providing you with a Consumer Code of Rights and Responsibilities, which will be forwarded to you with your new business policy. If you have any questions regarding this or any other aspect of your insurance please contact us.
Jean-Luc Rivet, BBA, CAIB