Our Remuneration

AIC Glennon

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %

Professional Indemnity 9.6%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Combined Traders 10%
Commercial Combined 4.84%
Legal Expenses 10%

AIG Europe S.A

Travel Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

PA/Travel 20%
Travel 25%

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %

PI 17.5%
PI Rapidcover 25%
Professional Indemnity 15%
Professional Indemnity 5%
Professional Indemnity 15%
Professional Indemnity 10%
Professional Indemnity 18%
Trailer 25%

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %

Car Hire Excess 25%
Classic Car Scheme 8%
Classic Car Scheme 10%
Limited Mileage 10%
MG Owners Scheme 8%
Morris Minor 10%
Motor Cycle 10%
Multi Vehicle 6%
Multi Vehicle 8%
Private Car 10%

Personal Accident Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Personal Accident 20%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Cyber Liability 20%
D&O, Crime, PTL, EPL, Entity 17.5%
D&O, Crime, PTL, EPL, Entity Rapidcover (Bus Guard) 20%
Directors and Officers 20%
EL 6%
Employers Liability 6%
Environmental Liability 18%
Excess Liability 10%
PL 10%
PL Rapidcover 20%
Products Liability 10%
Property Owners Liability 9.5%
Public Liability 10%
Sports Liability 12%
Transit Liability 12%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Claim 15%
Fire Schedule 12%
Fire/Perils 12%
Household 25%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Agricultural Vehicle 5%
Annual 25%
Apartments 20%
Com Comb Rapidcover 20%
Commercial Combined 25%
Commercial Package 20%
Commercial Vehicle 10%
Commercial Vehicle 6%
Computer 15%
Contractors Works 15%
Crime 17.5%
Crisis Management 25%
Cyber 20%
Cyber Rapidcover 25%
Directors and Officers 15%
Driving Instruction 10%
Driving Instruction 8%
Driving Testers 10%
Engineering Insurance Inspection 15%
Excess 10%
Excess Rapidcover 25%
Fleet Insurance 5%
Glass 15%
Goods in Transit 18%
Horses 15%
Instructor Vehicle 10%
Livestock 15%
Loss of Profits 12%
Marine 20%
Money 15%
Motor Contingency 15%
Motor Traders 5%
Multi Risk 5%
Office 20%
Office Combined 20%
Office Rapidcover 20%
Prop Own Rapidcover 20%
Property 15%
Property Damage 10%
Property Owners 20%
Shop 15%
Shop Combined 20%
Shopkeepers 15%
Shops Rapidcover 20%
Terrorism 15%
Theft 15%

Allianz Plc.

Travel Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Travel 25%

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission € Commission %
PFP Professional Indemnity €19 20%
Professional Indemnity - 15%
SPI Professional Indemnity - 15%

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %

Motor Contingency 15%
Motor Contingency 15%
Multi Vehicle 5%
OGR Motor - Own Goods 5%
PCR RoI Broker Motor Product 10%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

CGL Cargo Liability 19%
Cargo Liability 18.775%
Employers Liability 6%
Hull Damage/ Liability 15%
LIA Combined Liability 10%
LIA Combined Liability - EL 6%
LIA Combined Liability - PL 10%
LIN Combined Liability NI - EL 6%
LIN Combined Liability NI - PL 10%
Products Liability 10%
Public Liability 10%
RPL Public Liability MML 5%
RPL Public Liability 10%
SPL Social Public Liability 15%
Sports Liability 12%
Transit Liability 18%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Accidental Damage 10%
Fire Only 15%
Fire Schedule 12%
Fire/Perils 15%
Glass 15%
HHR Combined House Insurance 20%
HPR Personal lines household 15%
HYR Holiday Home ROI 15%
IHR Broker Household 15%
Theft 15%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Agricultural Vehicle 0.5%
All Risks 15%
Apartment Block 17.5%
Apartment Blocks 17.5%
Auctioneers Bond 15%
Aviation 10%
BMR Business - Commercial Motor 5%
Bond 10%
Bond 7.5%
Broker Household 15%
Business Interruption 15%
Business Interuption 15%
CBR Combined Property 15%
CGD Cargo Goods 19%
CMP Computer 15%
CPR Commercial Construction 6%
Caravan 15%
Cargo Goods 18.775%
Combined Risks 15%
Combined Traders 15%
Commercial Combined 15%
Commercial Fire 15%
Commercial Package 15%
Commercial Vehicle 5%
Computer 15%
Contract Guarantee Bond 7.5%
Contractors All Risks 15%
Contractors Works 15%
Credit and Guarantee 10%
ENG Engineering 15%
Engineering Business Interuption 15%
Engineering Insurance Inspection 15%
Fleet Insurance 5%
Goods in Transit 19%
HPY Hospitality 15%
HPY Hospitality 15%
HPY Pleasure Craft 16%
HYT Hull Marine 18%
Hackney 10%
Hackney - Limousine 10%
Horses 15%
Hull Insurance 10%
Internal Risks 10%
Internal Risks 15%
Internal Risks 15%
LPR Landlord House Insurance 15%
Livestock 15%
Loss of Profits 12%
MFR Motor - Fleet 5%
MTC Motor Traders Combined 15%
MTC Road Risk Only 10%
MTR Motor - Road Risks 5%
Marine: Small Craft 15%
Money 15%
Motor Special Types 5%
Motor Trader Combined 5% 10%
Motor Traders Combined BI 15%
Motor Traders Combined CMF 15%
Motor Traders Combined CMV 7.5%
Motor Traders Combined EL 15%
Motor Traders Combined GAP 15%
Motor Traders Combined PL 15%
Motor Traders Combined PRL 15%
Moyot Own Goods 7.5%
OFM Office 15%
Office 15%
POP Property Owner 15%
PRP Combined Property 15%
Pleasure Craft 15%
Property Damage 10%
Property Owners 15%
RCR Combined Risks - BI 15%
RCR Combined Risks - BU 15%
RCR Combined Risks - CL 15%
RCR Combined Risks - EL 15%
RCR Combined Risks - FG 15%
RCR Combined Risks - FR 15%
RCR Combined Risks - GAP 15%
RCR Combined Risks - GAR 15%
RCR Combined Risks - MML 15%
RCR Combined Risks - PA 15%
RCR Combined Risks - PL 15%
REN Engineering 15%
RPM Hospital Malpractice Insurance 10%
RTM Retail 15%
Religious Protection 10%
Rented Property 15%
Retail 15%
SBR - Social Mini-Bus ROI 5%
SCR Combined Risk 15%
SFR Motor - Small Fleet 5%
SHC Shop 15%
SME - Business Policy 15%
SMP - Property Owners 15%
STR - Motor - Special Types 15%
Shop 15%
Shopkeepers 15%
Social Agricultural Vehicle 5%
Special Types 5%
TXM Taxi/ Hackney 10%
Taxi 10%
Trailer 25%

Aon Insurance Markets Ireland

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %

Professional Indemnity Insurance Dual 15%
Professional Indemnity Insurance Hiscox 10%
Professional Indemnity Insurance Irish Public Bodies Mutual 8%
Professional Indemnity Insurance Liberty 10%
Professional Indemnity Insurance XL Insurance 10%
Professional Indemnity Insurance XL Insurance 10%
Professional Indemnity Insurance Zurich 10%

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %

Private Car (Personal Lines) Chubb 5%
Private Motor Insurance Chubb 5%

Personal Accident Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Personal Accident & Illness AIG 10%
Personal Accident Insurance Chubb 20%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Combined Liability 11%
Combined Liability Berkshire Hathaway 10%
Combined Liability Zurich 10%
Directors & Officers Liability - Golf Travelers Insurance 10%
Directors and Officers Liability Travelers Insurance 10%
Employers Liability Irish Public Bodies Mutual 8%
Excess Liability Liberty 10%
Professional Indemnity Insurance Chubb 10%
Property Owners Liability 15%
Public Liability Irish Public Bodies Mutual 8%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Household 10%
Household Insurance Azur Underwriting 12%
Household Insurance Chubb 12%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Aon Toal Planthire Scheme - Commercial Package Travelers Insurance 5%
Combined Directors & Officers and Employment Practices Liability Travelers Insurance 12%
Combined Liability Allied World 10%
Combined Liability Aon UK 8%
Combined Liability RSA 15%
Combined Traders 8%
Commercial Combined 10%
Commercial Combined Package Axa 10%
Commercial Combined Package Barbican 10%
Commercial Combined Package Chubb 10%
Commercial Combined Package Ecclesiastical Insurance Office plc 12.5%
Commercial Combined Package Hiscox 10%
Commercial Combined Package Irish Public Bodies Mutual 7.5%
Commercial Combined Package Liberty 10%
Commercial Combined Package Travelers Insurance 8%
Commercial Combined Package XL Insurance 10%
Commercial Combined Package Zurich 13%
Commercial Package - NHI Liberty 10%
Commercial Package AIG 10%
Commercial Package Aon UK 15%
Commercial Package Chubb 10%
Commercial Package Zurich 4.5%
Commercial Property Policy Berkshire Hathaway 10%
Commercial Vehicle Liberty 5%
Commercial Vehicle Zurich -
Computer All Risks RSA 7.5%
Computer All Risks Zurich 7.5%
Construction Liability Insurance Liberty 10%
Construction Liability Insurance XL Insurance 10%
Contractors All Risks Insurance (AW) Northern Marine 10%
Contractors All Risks Insurance Liberty 10%
Contractors All Risks Northern Marine 10%
Cyber Liability Insurance Hiscox 10%
Cyber with Beazley 20%
Directors & Officers Liability Chubb 25%
Directors & Officers Liability Hiscox -
Directors & Officers Liability Liberty 10%
Directors and Officers Liability Liberty 10%
Engineering Aviva 7.5%
Engineering RSA 10%
Environmental Impairment Liability (EIL) AIG 7.5%
Event Insurance Hiscox 10%
Excess Liability 10%
Excess Liability Insurance Chubb 10%
Excess Public/Products Liability Allied World 12%
Fine Art Insurance Axa 5%
Fine Art Insurance Hiscox -
Golf Buggy Insurance Travelers Insurance -
Golfers Combined Package Travelers Insurance 10%
Group Travel AIG 13%
Household Insurance 12%
ICMA : Motor Fleet Insurance Zurich -
ICMA : Private Motor Insurance Zurich -
Machinery Movement RSA 10%
Marine Insurance (AW) Northern Marine 10%
Marine Insurance RSA 12.5%
Medical Malpractise Hiscox 10%
Motor Fleet Insurance Liberty 5%
Motor Fleet Insurance Travelers Insurance 5%
Motor Fleet Zurich -
Motor Trade Road Risks Travelers Insurance 7%
Motor Trade Road Risks Zurich -
Multi Risk 7.5%
One-Plan Package Chubb 10%
Personal Accident Insurance 10%
Private Car (Commercial) Zurich -
Property Owners 15%
Property Owners Liability Liberty 12.5%
Property/Business Interruption Liberty 10%
Public/Products Liability The Underwriting Exchange 6.75%
Real Estate Property & Property Owners Liability Pkg 10%
Rugby Clubs : Commercial Combined Package Aviva 15%
Stud & Stable Insurance Package Aviva 8%
Tennis Commercial Combined Package Ecclesiastical Insurance Office plc 12.5%

Aquabroker Ltd.

 

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Multi Risk 5%

Arachas

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Professional Indemnity 12.5%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Combined Liability 10%
Construction Liability 10%
Engineering 12%
Liability - RSA, HDI, Allianz 15%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Cleaning Contractor 12%
Combined Traders 15%
Contractors All Risks 13%
House - Holiday Home - KHB, KHH OR HM 10%
House - Holiday Home HSH 15%
House - Holiday Home HSH 15%
House - Rental Let 15%
Liability HISCOX 13%
Oil Distributors 8%
Petrol Stations 7.5%
Property Owners 15%
Recruitment Consultants 12.5%
Schools 10%
Security Contractors 12.5%

ARB Underwriting Ltd.

Travel Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Travel 20%

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Professional Indemnity 18%

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Motor ARB Ideal 8%
Private Car 10%
Road risk 10%
vehicle 5%

Personal Accident Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Personal Accident 20%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Excess Liability 20%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
AIG apartment blocks 12.5%
Commercial Combined 15%
Commercial Vehicle 7.5%
Hackney 5%
Motor Trade 10%
Motor Trade - ARB Motor Trade (COB 150) 8%
Motor Trade - ARB Motor Trade (COB 160) 5%
Motor Trade - Commercial Property Motor Trade Internal) 10%
Motor Trade - Commercial Property SS MTIR 10%
Property Owners 10%
Shopkeepers 15%
Surestone MTIR policies 10%
Taxi 15%

Aviva Insurance Ltd.

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Professional Indemnity 15%
Professional Indemnity 15%

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Caravan 15%
Motor Contingency 15%
Motor Cycle 5%
Multi Vehicle 5%
Private Car 7.5%

Personal Accident Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Personal Accident 20%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Combined Liability 10%
Combined Liability 9%
Employers Liability 6%
Products Liability 10%
Public Liability 10%
Sports Liability 12%
Transit Liability 12%
Transit Liability 18%
Warehouse Liability 10%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Holiday Homes 20%
Household 15%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Admin Bond 20%
Agricultural Vehicle 5%
All Risks 15%
All Risks 10%
Bakery Motor Scheme 5%
Bond 10%
Claims Management 10%
Commercial Combined 15%
Commercial Vehicle 10%
Computer 15%
Contractors Works 15%
ENG INS - JC 15%
ENG INS - JF 15%
ENG INS - JM 15%
ENG INS - JP 15%
Engineering 20%
Engineering Business Interuption 15%
Engineering Insurance Inspection 15%
Farmers Combined 15%
Fidelity Guarantee 15%
Fire Schedule 12%
Fire/Perils 15%
Fleet Insurance 5%
Glass 15%
Goods in Transit 18%
Horses 15%
I.D.A. Motor Scheme 5%
Internal Risks 10%
Livestock 15%
Loss of Licence 10%
Loss of Profits 12%
MARINE 15%
Marine 18%
Marine: Small Craft 15%
Milk Agents Motor 5%
Money 15%
Motor Traders 5%
Multi Risk 5%
Office Combined 15%
PACKAGES - AO 16%
PACKAGES - AS 16%
PACKAGES - US 15%
Property Damage 10%
Property Owners 10%
Property Owners Liability 20%
R.I.A.I. Motor Scheme 5%
R.I.A.I. Motor Scheme 5%
Salon Insurance 20%
Self Build 15%
Shop 15%
Shopkeepers 15%
Special Types 5%
Surgery Insurance 15%
Theft 15%
Traders Combined 15%

Aviva Life & Pensions Ireland DAC

Term Life Protection

A Term Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Term Protection 150% 22% 24

Single Premium PRSA

Product

Initial % Recurring %
Single Premium PRSA 4% 0.5%

Specified Illness

A Specified Illness Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Specified 150% 22% 24

Savings

The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Savings 15% 1% 48

Pension Term

A Pension Term Assurance Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Pension Term 150% 22% 24

Personal Retirement Savings Account RP (PRSA)

A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s.  Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Regular Premium PRSA 22.5% 0.5% 48

Personal Retirement Bond (PRB)

The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission %
PRB 5.25% 1%

Mortgage Protection

A Mortgage Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Mortgage Protection 150% 22% 24

Income Protection

An Income Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Income Protection 200% 30% 48

Investment

An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission %
Investments 5.25% 1%

Group Life Protection

Product

Initial % Recurring Commission %
Group Life 6% 6%

Group Income Protection

Product

Initial % Recurring Commission %
Group IP 12.5% 12.5%

Defined Contribution Pension

A Defined Contribution Product typically provides for an Initial Commission as outlined below.  Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Regular Premium pension 20% 1% 48
Single premium pension 5.25% 1% -

Approved Retirement Fund (ARF) & Approved Minimum Retirement Fund (AMRF)

An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

 

Product

Initial % Recurring Commission %
ARF 5.25% 1%

Annuity

The Annuity contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %
Annuity 3%

AXA Insurance dac

Travel Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Travel 25%

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Professional Indemnity 15%

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Car 10%
Caravan 15%
Morris Minor 5%
Motor 10%
Motor Contingency 15%
Multi Vehicle 5%
Private Car 10%
Van 5%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Employers Liability 6%
Liability 15%
Liability 15%
Products Liability 10%
Public Liability 10%
Sports Liability 12%
Transit Liability 12%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Holiday Home 20%
House 20%
Household 25%
Household 20%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Apartment Block Insurance 10%
Commercial Combined 20%
Commercial Package 20%
Commercial Vehicle 5%
Commercial Vehicle 8%
Farm 17.5%
Fire/Perils 12%
Fleet Insurance 10%
Glass 15%
Guest House 10%
Hackney 15%
Hackney 5%
I.D.A. Motor Scheme 8%
Motor Traders 5%
Multi Risk 5%
Office Combined 15%
Property Damage 10%
Property Owners 10%
R.I.A.I. Motor Scheme 8%
Rental Property 20%
Rental Property 15%
Shop/Office/Surgery 20%
Shopkeepers 20%
Shopkeepers 15%
Tractor/Agri 5%
Tradesmen and Professionals 15%
Tradesmen and Professionals 15%

Balens

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Affinity Scheme Business
Commerial Business

Benchmark Underwriting Ltd.

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Professional Indemnity 20%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Holiday Home 15%
Household 15%
Household 15%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Commercial Combined 20%
Commercial Package 20%
Office/Shop 15%
Property Owners 20%
Traders Combined 15%

Brady Underwriting

Personal Accident Plan

Product

Commission %
PERSONAL ACCIDENT 15%

Personal Accident Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Personal Accident 10%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Business Protect (Retail, Office, Hospitality & Manufacturing) 15%
Business protect 15%
Commercial Combined 10%
Eventinsure 10%
Eventinsure Product 10%
Legal Expenses 10%

Patrona t/a Bump Insurance

Personal Motor

 

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Private Car 6%

Chubb Ins Co. of Europe S.E.

Travel Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
PA/Travel Policy 20%

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Professional Indemnity Policy 20%

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Motor Damage 15%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Cyber Liability 20%
Employers Liability 10%
Employment Practice Liability 20%
Excess PL Policy 15%
PL Policy 10%
Pension Trustee Liab Policy 25%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Household 23%
Prop Owners Policy 15%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Apartments 14%
Commercial Combined 15%
Commercial Package Policy 15%
Multi Risk 5%

Citynet Insurance Brokers Ltd.

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Combined Liability 10%
Employers Liability 7.5%
Public Liability 12.5%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
All types 10%
Property Damage 12.5%

Corporate Underwriting Ltd.

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Carriers Liability 19%

Cover Centre Insurance Ltd.

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Apartment Landlord 15%
Apartment Owner Occupied 15%
HOUSEHOLD 15%
Homeshield Rental 15%
Kidd Endeavour 15%
Kidd High Net Worth 15%
Kidd Holiday Home 10%
Kidd Homeworker 15%
Kidd Mobile Home Fixed Site 10%
Kidd Non-standard Construction 10%
Kidd Touring Caravan 10%
Kidd Unoccupied 10%
Kiddsure Select 15%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Commercial Motor 6%
Light Commercial Vehicle 10%

ARAG Legal Protection Ltd

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission € Commission %
Commercial Legal Expenses €24.59 25%
EL Policy - 6%

Dolmen Insurance Brokers Ltd.

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Combined liability 8.5%
Professional Indemnity 10%
Property Owners Liability 8.5%
Public Liability 8.5%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Amethyst 10%
Dolmen SI (Sums Insured) Home 15%
Dolmen SI (Sums Insured) Residential 15%
Flex 10%
Holiday Home 15%
Household 15%
Premier 10%
Unoccupied (via Relay & Direct) 10%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Camper Van 10%
Commercial Combined 8.5%
Contractors All Risks 12.5%
Directors & Officers 20%
Event Insurance 10%
Homeworks 12.5%
Land Liability 15%
Property Owners 15%
Property Works 12.5%
Rental Property 10%

Dual Underwriting Ltd

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Private Car 10%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Combined Liability 20%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Home 19.7%

Ecclesiastical Insurance Office Plc.

Travel Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Travel 25%

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Professional Indemnity 15%

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Caravan 15%
Motor Contingency 15%
Private Car 5%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Employers Liability 6%
Products Liability 10%
Sports Liability 12%
Transit Liability 12%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Household 15%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Apartment Block Insurance 10%
Charity, Faith and Community Insurance (CHA) 15%
Combined Liability 15%
Commercial Combined 15%
Commercial Combined (ICS) 15%
Commercial Package (IIP) 15%
Directors & Officers 15%
Education (ISS) 15%
Engineering, Cyber (CEN) 15%
Fire/Perils 15%
Fire/Perils 12%
Glass 15%
Heritage (IHG) 15%
Holiday Home 15%
Legal Expenses 15%
Miscellaneous 15%
Multi Risk 5%
Office Combined 15%
Property Damage 10%
Property Owners 15%
Property Owners (IPO) 15%
Shop 15%
Shopkeepers 15%

FBD Insurance Plc.

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Motor Contingency 5%
Multi Vehicle 5%
Private Mtr 5%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Combined Liability 9%
Employers Liab Only 6%
Employers Liability 6%
Employers and Public Liability 10%
Public Liab & Employers Liab 10%
Public Liab Only 10%
Public Liability 10%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Holiday Home 15%
Home 15%
Household 20%
Property 20%
Property 20%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
All Other 15%
All Others Guesthouse Fire /Theft Accidental Damage 15%
Comm Combined 21.5%
Comm Mtr 5%
Commercial Combined 21.5%
Commercial Combined 21.5%
Commercial Combined 21.5%
Commercial Motor 5%
Commercial Package 20%
Farmers Combined 15%
Farming and Growing Trees 20%
Fire/Perils 15%
Fleet Insurance 11.5%
Fleet Mtr & Motor Traders Road Risk 11.5%
Guest House - Fire/ Theft/ Accidental Damage 15%
Motor Fleet/Motor Trade/ Road risk 11.5%
Multi Risk 5%
Other Motor (Tractor) 5%
Other Motor (Tractor) 5%
Property Owners 20%
Shopkeepers 15%

Friends First

Single Premium PRSA

Product

Initial % Recurring %
Single Premium PRSA 7.5% 0.25%

Savings

The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Savings 10% 0.75% 48

Personal Retirement Savings Account RP (PRSA)

A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s.  Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Regular Premium PRSA 17.5% 0.25% 48

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Combined Liability 10%

Investment

An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission %
Investments 5% 0.75%

Approved Retirement Fund (ARF) & Approved Minimum Retirement Fund (AMRF)

An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

 

Product

Initial % Recurring Commission %
ARF 5% 0.75%

Frost Insurances Ltd

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Property Owners Liability 12.5%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Self Build Policy 15%

Hickey Clarke & Langan Ltd.

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Household 10%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
All policy types 10%

Hiscox SA

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Professional Indemnity 20%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Combined Liability 9%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Household 20%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
All Commercial Policies 20%
Commercial Combined 20%
Commercial Combined 20%
Office Combined 20%

HSB Engineering Insurance Ltd. / HSB Engineering Insurance Services Ltd.

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Accidental Damage 17.5%
COLIN O'DONOGHUE T/A CD MOTORS 15%
Computer 15%
Construction 15%
Contractors All Risk 17.5%
Cyber 15%
Energy 15%
Engineering 10%
Engineering Inspection 10%
Equipment Breakdown 15%

Irish Life Assurance plc

Whole of Life Protection

The Whole of Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Whole of Life 100% 28% 60

Term Life Protection

A Term Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Term Protection 100% 28% 60

Single Premium PRSA

Product

Initial % Recurring %
Single PRemium PRSA 5% 0.75%

Specified Illness

A Specified Illness Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Specified 100% 28% 60

Savings

The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Renewal Clawback Period (Months)
Savings 5.5% 0.5% 5.5% 48

Pension Term

A Pension Term Assurance Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Pension Term 100% 15% 60

Personal Retirement Savings Account RP (PRSA)

A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s.  Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Renewal Clawback Period (Months)
Regular Premium PRSA 17.5% 0.5% 5% 48

Personal Retirement Bond (PRB)

The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission %
PRB 5% 0.75%

Mortgage Protection

A Mortgage Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Mortgage Protection 100% 28% 60

Income Protection

An Income Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Income Protection 120% 30% 60

Investment

An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission %
Investments 5% 0.5%

Group Life Protection

Product

Initial % Recurring Commission %
Group Life 6% 6%

Group Income Protection

Product

Initial % Recurring Commission %
Group IP 12.5% 12.5%

Defined Contribution Pension

A Defined Contribution Product typically provides for an Initial Commission as outlined below.  Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Renewal Clawback Period (Months)
Regular Premium pension 17.5% 0.5% 5% 48
Single premium pension 5% 0.75% - -

Approved Retirement Fund (ARF) & Approved Minimum Retirement Fund (AMRF)

An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

 

Product

Initial % Recurring Commission %
ARF 5% 0.75%

Annuity

The Annuity contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %
Annuity 3%

Jatco Insurance Brokers PCC Ltd Kerry London Cell

 


Professional Indemnity

 

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Professional Indemnity, D&O and Cyber Risks 12.5%

KennCo Underwriting Ltd

Travel Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Travel 15%

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Professional Indemnity 15%

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Motor Policies 15%
Private Car 7.5%
Private Motor Choice 5%
Private Motor Unique 5%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Combined Liability 15%
Public Liability 15%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Holiday Homes 15%
Home - Choice 15%
Home - Rental 15%
Home - Unique 15%
Household Policies 15%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Commercial Combined 15%
Commercial Vehicle 7.5%
Garage Combined 15%
Hackney 7.5%
Motor Policies 15%
Motor Trade Policies 10%
Property Owners 15%

Liberty International t/a Liberty Mutual

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
PROFESSIONAL INDEMN. 17.5%

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Private Cars 10%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
COMBINED ALL RISKS 12%
COMBINED TRADERS 12%
COMMERCIAL MOTOR 19%
COMMERCIAL VEHICLE 8.5%
CONTRACTORS ALL RISK 12%
Directors & Officers 20%
Houses 20%
MOTOR TRADE 12%
Taxi/ Hackney 8%
Tractor/ Agri 10%

Lloyds of London

Travel Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Travel 25%

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Professional Indemnity 15%

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Motor Contingency 15%
Multi Vehicle 5%
Private Car 5%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Carriers 10%
Haulage Liability 8%
Products Liability 10%
Public Liability 10%
Sports Liability 12%
Trades Liability 12%
Transit Liability 12%

Commercial

 

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
ADF&T 10%
Commercial Vehicle 5%
Fire/Perils 12%
Fleet Insurance 5%
Glass 15%
Motor Traders 5%
Property Damage 10%
Shopkeepers 15%

London Ireland Market Exchange Ltd

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
All types -
Motor Fleet 7.5%
Property Owners 10%

Munich Re Risk Solutions Ireland Ltd

Commercial

 

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Commercial -
Computer 20%
Contractors All Risks Annual 20%
Contractors All Risks Specific 20%
Contractors Plant 20%
Deterioration of Stock 20%
Domestic Transit 20%
Erection All Risks Annual 20%
Erection All Risks Specific 20%
Facultative - Domestic Transit 20%
Facultative - Marine Cargo 20%
Facultative - Marine Goods in Transit 20%
Forwarding 20%
Forwarding & Haulage 20%
Forwarding, Haulage & Warehousing 20%
Haulage & Warehousing 20%
Hauliers Liability 20%
Machinery Movement 20%
Marine Cargo 20%
Marine Goods in Transit 20%
Stock Throughput 20%
Terrorism 17.5%
Worldwide Machinery Installation 20%

 

New Ireland Assurance Company plc

Term Life Protection

A Term Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Term Protection 225% 50% 60

Single Premium PRSA

Product

Initial % Recurring % Clawback Period
Single Premium PRSA 7% 0.5% 60

Specified Illness

A Specified Illness Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Specified 225% 50% 60

Savings

The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Renewal Clawback Period (Months)
Savings 10% 0.5% 2.5% 60

Pension Term

A Pension Term Assurance Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Pension Term 225% 50% 60

Personal Retirement Savings Account RP (PRSA)

A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s.  Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Renewal Clawback Period (Months)
Regular Premium PRSA 25% 0.5% 6% 60

Personal Retirement Bond (PRB)

The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
PRB 5% 1% 60

Mortgage Protection

A Mortgage Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Mortgage Protection 225% 50% 60

Income Protection

An Income Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Income Protection 225% 50% 60

Investment

An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Investments 4% 1% 36

Group Life Protection

Product

Initial % Recurring Commission % Clawback Period (Months)
Group Life 20% 20% 12

Group Income Protection

Product

Initial % Recurring Commission % Clawback Period (Months)
Group IP 20% 20% 12

Defined Contribution Pension

A Defined Contribution Product typically provides for an Initial Commission as outlined below.  Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Renewal Clawback Period (Months)
Regular Premium pension 25% 1% 8% 60
Single premium pension 5% 1% - 60

Annuity

The Annuity contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %
Annuity 3%

NFP Commercial Insurance Solutions (Ireland)

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Professional Indemnity 10%

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Personal Lines 20%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Liability & Excess Liability 15%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Household 10%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Comm package 14.5%
Commercial combined 20%
Motor (Incl Fleet/Trade etc.) 20%
PL/Malpractice 9.5%
Property Owners 20%
Tour Operators 20%
Unoccupied Properties 20%

OBF Insurance Group Ltd.

 


Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Professional Indemnity 10%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Holiday Home 12%
Household 12%
Mobile Home 12%

O'Driscoll O'Neil

Travel Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Travel/Personal Accident - Crispin Speers & Partners Ltd 15%

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Classic Car - Aviva Insurance Limited

Personal Accident Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Soccer Personal Accident - Aviva Insurance Limited

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
COMBINED LIABILITY 7.5%
Combined Liability -Sportscover -
PUBLIC LIABILITY 7.5%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
ALL RISKS 7.5%
ALL RISKS 7.5%
COMBINED ALL RISKS 7.5%
COMBINED TRADERS 10%
COMMERCIAL COMBINED 10%
Commercial Combined - Hiscox SA 15%
Commercial Combined - XL Insurance Company SE 15%
Legal Protection ARC Legal Assistance Ltd 15%
Property Owners Commercial Combined - Swiss Re Corporate Solutions 15%

Optis Insurances Ltd.

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
P.I 20%

Personal Accident Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Personal Accident 15%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Combined Liability 15%
ELPL 15%
Public Liability 15%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Commercial Combined 15%
Commercial Package 15%
Contractors All Risks 15%
Office 15%
Property Owner 17.5%
Pub/Restaurant 15%
Real Estate 17.5%
Self Build 15%
Shop 15%
Shopkeepers 15%

Patrona Underwriting Ltd

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
MOTOR CYCLE 5%
Non-standard Car 5%
Non-standard Van 5%
Private Car 5%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Carriers Liability 10%
Combined Liability 10%
Contractors Liability 15%
Equestrian Liability 5%
Public Liability 5%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Holiday Home 15%
Household 15%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
ADF&T 10%
AXA Haulage 5%
All Risks 15%
Commercial Combined MGAM 15%
Commercial Combined- Gefion 15%
Commercial Vehicle 5%
Courier - Axa 5%
Engineering 15%
Fleet 7.5%
Fleet Risk Fix 5%
Flexi Fleet 7.5%
Horse Box - Axa 5%
Logistics Combined 15%
Logistics Combined - Gefion 15%
Logistics Combined MGAM 15%
Logistics HGV - Gefion 7.5%
Logistics HGV AXA 5%
Logistics Vehicle 7.5%
Own Goods Vehicle 7.5%
Rental Fleet 7.5%
Single Vehicle Courier Axa 7.5%
Single Vehicle Courier Gefion 7.5%
Special Types 5%
Special Types - Axa 5%
Standard Haulage 5%
Transport Fleet 5%
Unmanned Aircraft 7.5%

Pen Underwriting Ltd

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Combined Liability 10%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Commercial 20%
Commercial Combined 10%
Commercial Vehicle 5%
Motor Fleet 10%

Prestige Underwriting Services (Ireland) Limited

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Professional Indemnity 5%

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Octane Ireland Motor 8%
Octane Ireland Motor EDI 6%
Prestige Ireland Private Motor 10%
Prestige Personal Portfolio (Home, Motor & New NI Motor) -
Private Car 10%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Combined Liability 15%
Combined Liability 10%
Public Liability 10%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Holiday Home 25%
Household 25%
Prestige Homesafe 15%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Amtrust Property ROI 14%
Commercial Combined 15%
Commercial Vehicle 8%
Commercial Vehicle 8%
Motor Trade 10%
Prestige Ireland Motor Trade 10%
Prestige Ireland Non Standard CV 8%
Prestige Manual Product -
Rental Property 20%
Shopkeepers 15%

Robertson Low Insurances Ltd

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Professional Indemnity 10%
Professional Indemnity(Excess Layer) 10%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Combined Liability 10%
Employers Liability 10%
General Liability 10%
Medical Malpractice 10%
Product Liability 10%
Public Liability 10%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
HNW Household 10%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Apartment Block 10%
Apartment Block(Aviva) 10%
Aviation (Hull) 10%
Business Interruption 10%
Commercial Combined 13%
Commercial Combined 10%
Commercial Combined( NBS) 5%
Construction Bond 10%
Construction/Trademaster scheme 10%
Contractors All Risks 10%
Contractors All Risks 10%
Cyber Insurance 10%
Cyber Risk 12%
Directors & Officers 10%
Event Cancellation 10%
Exhibition Insurance 10%
Fire & Perils 10%
Material Damage 10%
Property Owner 10%

Royal London Insurance DAC

Whole of Life Protection

The Whole of Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Whole of Life 200% 36% 60

Term Life Protection

A Term Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Term Protection 200% 36% 60

Specified Illness

A Specified Illness Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Specified 225% 36% 60

Pension Term

A Pension Term Assurance Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Pension Term 225% 36% 60

Personal Retirement Bond (PRB)

The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %
Personal Retirement Bond 5%

Mortgage Protection

A Mortgage Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Mortgage Protection 200% 36% 60

Income Protection

An Income Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Income Protection 225% 60% 60

Approved Retirement Fund (ARF) & Approved Minimum Retirement Fund (AMRF)

An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

 

Product

Initial %
ARF 5%

RSA Insurance Ireland DAC

Travel Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Personal Accident/Travel 20%
Travel 30%

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Professinal Indemnity 22.5%
Professional Indemnity 15%
Professional Indemnity 10%
Professional Indemnity 17.5%

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Caravan 15%
Classic Car Scheme 5%
Limited Mileage 5%
MG Owners Scheme 5%
Morris Minor 5%
Motor 5%
Motor Damage 10%
Multi Vehicle 5%
RSA Broker Motor Insurance Private Car 8%

Personal Accident Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Personal Accident 15%
Personal Accident 20%
Sports Person Accident 25%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Carriers Liability 20%
Combined Liability 10%
Combined Liability 9%
Employers Liability 6%
Employers Liability 6%
Office Liability 10%
Public Liability 10%
Public Liability 10%
Sports Liability 17.5%
Transit Liability 20%
Transit Liability 18%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Holiday Home 25%
Household 25%
R.I.A.I. Home Secure 5%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
All Risks 15%
Apartments/Block of Flats 15%
Barristers Office 22.5%
Cargo 20%
Combined 15%
Commercial Combined 15%
Commercial Package 20%
Commercial Vehicle 5%
Commercial Vehicle Fleet 5%
Contractors All Risks 15%
Engineering 15%
Engineering 15%
Farmers Combined 15%
Fire/Perils 15%
Fire/Perils 12.5%
Fleet Insurance 10%
Glass 20%
I.D.A. Motor Scheme 5%
I.H.C.A. Motor Scheme 5%
Motor Traders 5%
Multi Risk 5%
Office 17.5%
Office Combined 15%
Office Combined 17.5%
Property 12.5%
Property 12.5%
Property Damage 15%
Property Owners 15%
R.I.A.I. Motor Scheme 5%
Shop 15%
Shopkeepers 15%
Surgery 17.5%
Traders 20%
Traders 20%

Securus Insurance Ltd

Travel Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
PA/Travel (Chubb) 10%

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
PROFESSIONAL INDEMN. 10%
Professional Indemnity (AXA XLl) 10%
Professional Indemnity (Chubb) 10%
Professional Indemnity (Citynet) -

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Chubb Masterpiece Motor 5%
Classic Car 5%
HNW Motor - Dual 5%
Private Motor 5%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Combined Liability 10%
Cyber Liability (Various) 10%
Excess Liability 10%
Excess Liability 10%
Excess Liability (CNA Hardy) 10%
Excess Liability (Chubb) 10%
PROPERTY OWNERS 15%
PUBLIC LIABILITY 13.7%
Premises Liability 15%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
HOUSEHOLD 15%
OL PROPERTY OWNER 10%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
APARTMENT BLOCK 15%
COMMERCIAL COMBINED 16%
Chubb Masterpiece Household 12.5%
Clinical Trials (Chubb) 10%
Commercial Combined (Chubb) 10%
Commercial Combined (Citynet) -
D&O (Chubb) 10%
D&O (HCC) 10%
Engineering (HSB) 10%
Event Cancellation (Chubb) 10%
HNW Household - Dual 12.5%
Kidnap & Ransom (Chubb) 10%
MOTOR FLEET 15%
Marine Cargo (CNA) 10%
Miscellaneous 15%
Office 15%
POL - Securus - offline 10%
POL - Securus - online 15%
Property Owners (Citynet) 10%
Terrorism Cover (Citynet) -
UNOCCUPIED PROPERTY OWNERS INSURANCE QBE 10%
Vacant Property (Securus - offline) 10%
Vacant Property (Securus - online) 15%

Sertus Underwriting Limited

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Private Motor 7.5%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
HOUSEHOLD 15%

Standard Life International dac

Single Premium PRSA

Product

Initial % Recurring %
Single Premium PRSA 5% 0.5%

Savings

The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Savings 15% 1% 60

Personal Retirement Savings Account RP (PRSA)

A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s.  Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Renewal
Regular Premium PRSA 5% 0.5% 5%

Personal Retirement Bond (PRB)

The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission %
PRB 5% 1%

Investment

An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission %
Investment 4% 1%

Defined Contribution Pension

A Defined Contribution Product typically provides for an Initial Commission as outlined below.  Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Renewal Clawback Period (Months)
Regular Premium pension 25% 1% 8% 60
Single premium pension 5% 1% - 48

Approved Retirement Fund (ARF) & Approved Minimum Retirement Fund (AMRF)

An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

 

Product

Initial % Recurring Commission %
ARF 4% 1%

Annuity

The Annuity contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %
Annuity 3%

Specialist Underwriting Services Ltd.

Travel Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Travel - Business 10%
Travel - Individual 10%

Personal Accident Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Personal Accident 10%
Personal Accident / Illness 10%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Combined Liability 12.5%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Chip Safe 15%
Commercial Combined 15%
Commercial Package 15%
Gourmet Safe 15%
Property Owners 15%
Shop Safe 15%

Travelers Insurance Co Ltd

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Professional Indemnity 15%

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Classic Car Scheme 5%
Multi Vehicle 5%
Private Car 10%
Private Motor Vehicle - NB and Rnl 10%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Combined Liability 9%
Employers Liability 6%
Employers Liability (Package) 15%
Employers Liability (Stand Alone) 6%
Management Liability Package 17.5%
Management Liability Package - NB 25%
Motor Trade (Property & Liability covers) 15%
Public Liability 10%
Public Liability (Package) 15%
Public Liability (Stand Alone) 10%
Technology E&O and Cyber Liabilities 20%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
APARTMENT BLOCK 15%
Commercial Combined 15%
Commercial Package 15%
Commercial Vehicle 5%
Directors & Officers 17.5%
Fleet Insurance 5%
Golf Select 20%
I.H.C.A. Motor Scheme 5%
Motor Fleet 5%
Motor Trade Road Risks 5%
Motor Trade Road Risks - NB 10%
Motor Traders 5%
Motortrade 10%
Multi Risk 5%
Property Covers (Package or Stand Alone but excluding Motor Trade) 15%
Property Owners 15%
R.I.A.I. Motor Scheme 5%

The Underwriting Exchange Ltd

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Professional Indemnity 10%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Combined Liability 10%
Employers Liability 10%
Excess Public Liabililty 10%
Liability 12.5%
Product Liability 10%
Property Owners Liability 12.5%
Public Liability 10%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Apartments 10%
Clinical Trials 10%
Combined 17.5%
Commercial Combined 12.5%
Commercial Package 10%
Commercial Property 10%
Motor Fleet 7.5%
Property 15%
Terrorism 10%

Willis Towers Watson

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Professional Indemnity 10%

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission € Commission %
Asgard Private Car €5 5%
Motor Damage - 10%
Multi Vehicle - 5%
Private Car - 10%
Rent a Car - 10%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission € Commission %
Combined Liability - 9%
Combined Liability - 9%
Employers Liability - 6%
Public Liability - 10%
SIM Liability €7 7%
SIMI MOTOR TRADE - LIABILITY - 7%
Tradesure Liability €15 15%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission € Commission %
Apartments - 17.5%
Asgard Bus & Coach 1-4 €5 5%
Asgard Bus & Coach Fleet €5 5%
Asgard Commercial Fleet €5 5%
Commercial Combined - 13%
Commercial Combined - 10%
Commercial Package - 11.5%
Commercial Vehicle - 10%
Commercial Vehicle - 8%
Fleet Insurance - 10%
Golfsure Combined €15 15%
Golfsure Motor €5 5%
Golfsure Personal €5 5%
Guest House - 10%
I.D.A. Motor Scheme - 5%
Internal Risks - 10%
Motor Fleet - 7.85%
Motor Traders - 5%
Motor Traders - 15%
Multi Risk - 5%
Office Combined €15 15%
Property Owners - 17.5%
Propsure €17.5 17.5%
SIMI MOTOR TRADE - MOTOR - 5%
SIMI MOTOR TRADE - PROPERTY, BI, MONEY - 15%
SIMI Motor €5 5%
SIMI Motor Trade | Property, BI & Money €15 15%
Traders Combined - 10%
Tradesure Commercial Motor €10 10%

Wrightway Underwriting Ltd.


Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Motor Damage 5%
Private Car 10%
Private Car / Light Commercial Vehicle 5%
Van Plan 5%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Carriers Liability 10%
Carriers Liability 10%
Combined Liability 8%
Contractors Combined Liability 12%
Haulage Liability 10%
Liability Scheme 12%
PUBLIC LIABILITY 12%
Trades Liability 12%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
HOUSEHOLD 17.5%
Holiday Home 17.5%
House 17.5%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
ADF&T 10%
ADF&T 10%
Commercial Vehicle 5%
Engineering 10.5%
Haulage Fleet 5%
Haulage Property 10%
Haulage Single Vehicle 10%
Haulage Single Vehicle 5%
Inspection 15%
MARINE INSURANCE 5%
MOTOR FLEET 5%
Mini Fleet 10%
Multi Risk 5%
Multi Vehicle 10%
Own Goods 10%
Rental Property 17.5%
Rigid Vehicle 10%
Special Types 5%
Special Types 5%
Survey Fee -
TRANSIT INSURANCE 5%
Traders Transit 5%
Traders Transit 5%
Trailer ADF&T 10%
Truck Plan 10%
Watford Fleet 5%
Watford MultiPlan 5%
Watford TruckPlan 5%

Yachtsman Euromarine

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Boat Insurance 10%
Marine Trades 10%
Special Types 9%

Zurich Insurance Plc.

Travel Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Annual Travel Policy 15%
Group Personal Accident Travel 15%
Personal Accident Travel Pol. 15%
Travel 25%

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Professional Indemnity 15%
Professional Indemnity 25%
ZPI - Professional Indemnity 15%

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %
Caravan 15%
Motor Damage 10%
Multi Vehicle 5%
Private Car 7.5%

Personal Accident Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Group Personal Accident Policy 15%
Personal Accident 20%
Personal Accident Policy 15%
Personal Accident Road & Rail 15%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Combined Liability 10%
Employers Liability 6%
Public Liability 10%
Transit Liability 18%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Broker Household 15%
Broker Household DA 20%
Combined Caravan/Mobile Home 15%
Holiday Home 15%
Home Insurance 22%
Household 15%
Household 15%
Household DA 15%
Private Dwelling House Policy 15%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %
Accidental Damage 12.5%
All Risks 15%
Apartment Block Insurance 10%
Apartment Block Policy 15%
Building in the Course of Erection 15%
Combined Property Policy 12.5%
Combined Property Policy 15%
Commercial Combined 15%
Commercial Combined (U.K.) Pol 15%
Commercial Liability Policy 10%
Commercial Motor Vehicle 6.5%
Commercial Property 12%
Commercial Vehicle 5%
Commercial Vehicle 7.5%
Commerical Package 20%
Computer 15%
Computer All Risks" Policy" 15%
Contractors All Risks" Policy" 15%
Contractors Works 12.5%
Contractors Works 15%
Cyber Policy 20%
Directors & Officers 20%
ENP- Engineering 15%
Elite Private Car 7.5%
Engineering Insurance Inspection 15%
Engineering Policy 20%
Farm Fire Policy 12.5%
Farm Policy 12.5%
Fidelity Guarantee 12.5%
Fidelity Policy 15%
Fire Schedule 12.5%
Fire/Perils 12.5%
Fire/Perils 15%
Fleet Insurance 5%
Fleet Motor Vehicle 5%
Goods in Transit 18%
Guest House All In" Policy" 15%
HGV Fleet 10%
Hackney 5%
I.D.A. Motor Scheme 5%
I.H.C.A. Motor Scheme 5%
Internal Risks 10%
Legal Expenses 25%
Legal Expenses 15%
MRP - Marine 15%
Marine 20%
Marine Policy 17.5%
Marine: Small Craft 15%
Mini Fleet Vehicle 5%
Miscellaneous Bonds Policy 15%
Motor Traders 5%
Motor Traders Combined 5%
Motor Traders Internal Policy 10%
Multi Risk 5%
Nursing Home Combined 15%
Office Combined 15%
Office Policy 15%
Private All Risks" Policy" 15%
Property Owners 15%
R.I.A.I. Motor Scheme 5%
Residential Care Home Policy 15%
Shop 15%
Shopkeepers 15%
Shops Policy 15%
Small Craft/ Yacht Policy 15%
Special Types 5%
Special Types 5%
Tradestar Office 15%
Tradestar Property Owners 15%
Tradestar Shop 15%
Tradestar-Property Owners 15%
Trailer 15%
Truck Way- Single Truck 10%

Zurich Life Assurance plc

Whole of Life Protection

The Whole of Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Whole of Life 90% 18% 12

Term Life Protection

A Term Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Term Protection 170% 12% 12

Single Premium PRSA

Product

Initial % Recurring %
Single Premium PRSA 5% 0.75%

Specified Illness

A Specified Illness Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Specified 100% 12% 12

Savings

The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Renewal Clawback Period (Months)
Savings 10% 0.5% 1% 48

Pension Term

A Pension Term Assurance Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Pension Term 100% 12% 12

Personal Retirement Savings Account RP (PRSA)

A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s.  Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Renewal Clawback Period (Months)
Regular Premium PRSA 30% 0.75% 5% 48

Personal Retirement Bond (PRB)

The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission %
PRB 5% 0.5%

Mortgage Protection

A Mortgage Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Mortgage Protection 170% 40% 12

Investment

An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission %
Investment 5% 0.5%

Group Life Protection

Product

Initial % Recurring Commission %
Group Life 6% 6%

Group Income Protection

Product

Initial % Recurring Commission %
Group IP 12.5% 12.5%

Defined Contribution Pension

A Defined Contribution Product typically provides for an Initial Commission as outlined below.  Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Renewal Clawback Period (Months)
Regular Premium pension 20% 0.5% 3% 48
Single premium pension 5.5% 0.5% - -

Cancer Cover

A Cancer Cover Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial % Recurring Commission % Clawback Period (Months)
Cancer Cover 100% 12% 12

Approved Retirement Fund (ARF) & Approved Minimum Retirement Fund (AMRF)

An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

 

Product

Initial % Recurring Commission %
ARF 5% 0.5%

Annuity

The Annuity contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.

Product

Initial %
Annuity 3%