Our Charges
We, Phelan Caswell Insurances Ltd act as Broker between you, the consumer, and the product provider with whom we place your business.
The background
Pursuant to provision 4.58A of the Central Bank of Ireland’s September 2019 Addendum to the Consumer Protection Code, all Brokers, must make available in their public offices, or on their website if they have one, a summary of the details of all arrangements for any fee, commission, other reward or remuneration provided to the Broker which it has agreed with its product producers.
What is commission?
For the purpose of this document, commission is the payment earned by the Broker for work undertaken on behalf of both the provider and the consumer. The amount of commission is generally directly related to the quantity or value of the products sold.
We are remunerated by commission and other remuneration from product providers. The key product providers with which we engage, and receive remuneration from, have developed responsible investment as part of their investment philosophies and sustainability risk policies.
There are different types of commission models:
| Single commission model: | where payment is made to the Broker shortly after the sale is completed and is based on a percentage of the premium paid/amount invested/amount borrowed. |
| Recurring commission model: | For Pensions, Savings & Investments recurring commission refers to further payments at intervals that are paid throughout the life span of the product & may be based on a percentage of the value of the fund or the annual premium. For Protection products recurring commissions refers to further payments at intervals that are paid throughout the life span of the product & are based of the annual premium. |
| Indemnity commission | Indemnity commission is the term used to describe a commission payment made before the commission is deemed to be ‘earned’. Indemnity commission may be subject to a clawback (see below) if the consumer lapses or cancels the product before the commission is deemed to be earned. |
Other forms of indemnity commission are advances of commission for future sales granted to Brokers in order to assist with set up costs or business development.
General insurance products
General insurance products, such as motor, home, travel, health, retail or liability insurance, are typically subject to a single or standard commission model, based on the amount of premium charged for the insurance product.
Profit Share arrangements
In some cases, the Broker may be a party to a profit-share arrangement with a product provider and will earn additional commission. Any business arranged with these product providers on a client’s behalf will be placed with the product provider because that product provider is at the time of placement, the most suitable to meet the client’s requirements, taking all the client’s relevant information, demands and needs into account.
Life Assurance/Investments/Pension products
For Life Assurance products commission is divided into initial commission and Recurring Commission (related to premium)
Recurring Commission is the ongoing remuneration facilitated on a financial advice product to allow for the ongoing service, administration & review processes that are linked to financial advice for Protection, Pensions, Investments & Savings products. Recurring commission can also be described as trail or fund based renewal commission on Pensions/Investments/Savings, or renewal commission on Protection. Where an investment fund is being built up though an insurance-based investment product or a pension product, the increments may be based on a percentage of the value of the fund or the annual premium. For a single premium/lump sum product, the increment is generally based on the value of the fund.
Examples of products include Life Protection, Regular Premium Life Assurance Investments, Single Premium (lump sum) Insurance-based Investments, and Single Premium Pensions.
Investments
Investment firms, which fall within the scope of the S.I. 375 of European Communities (Markets in Financial Instruments) Regulations 2017 (the MiFID Regulations), offer both standard commission and commission models involving initial and recurring commission. Increments may be based on a percentage of the investment management fees, or on the value of the fund.
Credit Products/Mortgages
Commission may be earned by Brokers for arranging credit for consumers, such as mortgages. The single, or standard, commission model is the most common commission model applied to the sale of mortgage products by mortgage credit Brokers (Mortgage Broker).
Clawback
Clawback is an obligation on the Broker to repay unearned commission. Commission can be paid directly after a contract is concluded but is not deemed to be ‘earned’ until after a specified period of time. If the consumer cancels or withdraws from the financial product within the specified time, the Broker must return commission to the product producer.
Fees
The firm may also be remunerated by fee by the product producer such as policy fee, admin fee, or in the case of investment firms, advisory fees. Include arrangements etc
Please Note
The enclosed commission guidance section gives indicative values across every product provider and every product advised whereby a commission or fee is received within our business. This is the maximum our Brokerage will take and is subject to change, in certain cases our Brokerage may take a different remuneration than the enclosed percentages/amounts. This will be disclosed to each client as per the Central Bank Consumer Protection Code regulations, on a client by client basis.
Other Fees, Administrative Costs/ Non-Monetary Benefits
The firm may also be in receipt of non-monetary benefits such as:
- Attendance at product provider seminars
- Assistance with Advertising/Branding
Further detail on the providers we work with, the products we sell and the maximum commissions available to us are outlined below.
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 | 5% |
| Professional Indemnity | 15% |
| Professional Indemnity | 10% |
| Professional Indemnity | 18% |
| Professional Indemnity | 15% |
| 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% |
| 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% |
| Com Comb Rapidcover | 20% |
| Commercial Combined | 25% |
| Commercial Vehicle | 6% |
| Commercial Vehicle | 10% |
| Computer | 15% |
| Contractors Works | 15% |
| 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 Rapidcover | 20% |
| Prop Own Rapidcover | 20% |
| Property | 15% |
| Property Damage | 10% |
| Shop | 15% |
| 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% |
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% |
Other
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 % |
|---|---|
| Sports Policy Combined | 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% |
| Employers Liability | 6% |
| 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% |
| 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% |
| Apartment Block | 17.5% |
| Aviation | 10% |
| BMR Business – Commercial Motor | 5% |
| Bond | 7.5% |
| Bond | 10% |
| Business Interuption | 15% |
| CBR Combined Property | 15% |
| CGD Cargo Goods | 19% |
| CMP Computer | 15% |
| CPR Commercial Construction | 6% |
| Caravan | 15% |
| Combined Traders | 15% |
| Commercial Combined | 15% |
| Commercial Vehicle | 5% |
| Computer | 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% |
| HYT Hull Marine | 18% |
| Hackney | 10% |
| Hackney – Limousine | 10% |
| Horses | 15% |
| Hull Insurance | 10% |
| Internal Risks | 15% |
| Internal Risks | 10% |
| Internal Risks | 15% |
| LPR Landlord House Insurance | 15% |
| Livestock | 15% |
| Loss of Profits | 12% |
| MFR Motor – Fleet | 5% |
| MTR Motor – Road Risks | 5% |
| Marine: Small Craft | 15% |
| Money | 15% |
| Motor Trader Combined 5% | 10% |
| Motor Traders Combined BI | 15% |
| Motor Traders Combined CMF | 15% |
| Motor Traders Combined EL | 15% |
| Motor Traders Combined GAP | 15% |
| Motor Traders Combined PL | 15% |
| Motor Traders Combined PRL | 15% |
| OFM Office | 15% |
| POP Property Owner | 15% |
| PRP Combined Property | 15% |
| Property Damage | 10% |
| 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% |
| 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% |
| Special Types | 5% |
| Taxi | 10% |
| Trailer | 25% |
Angel Risk Management
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 | 25% |
Other
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 % |
|---|---|
| Directors and Officers | 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% |
Other
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 % |
|---|---|
| Aviation | 10% |
| Marine | 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 | 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.
Other
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 % |
|---|---|
| Marine | 15% |
| Marine: Small Craft | 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 % |
|---|---|
| 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 % |
|---|---|
| Construction Liability | 10% |
| 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% |
Arachas Corporate Brokers
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% |
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 | 10% |
Other
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 % |
|---|---|
| Trailer | 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 % |
|---|---|
| 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 % |
|---|---|
| Caravan | 15% |
| Caravan | 10% |
| Holiday Home | 10% |
| Household | 15% |
| Mobile Home | 10% |
| Mobile Home | 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% |
| Multi Risk | 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% |
Other
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 % |
|---|---|
| JRP MD/BI only policies | 15% |
| JRP POL | 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 % |
|---|---|
| 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% |
Arthur J Gallagher(OAMPS)
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 % |
|---|---|
| Fleet Insurance | 5% |
Aviva Group Ire. Plc. (Value)
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 | 7.5% |
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 | 9% |
| Combined Liability | 10% |
| Employers Liability | 6% |
| Products Liability | 10% |
| Public Liability | 10% |
| Sports Liability | 12% |
| Transit Liability | 18% |
| Transit Liability | 12% |
| 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 % |
|---|---|
| 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 | 10% |
| All Risks | 15% |
| 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 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% |
| R.I.A.I. Motor Scheme | 5% |
| R.I.A.I. Motor Scheme | 5% |
| 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 |
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% |
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% |
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 | 8% |
| Caravan | 15% |
| Morris Minor | 5% |
| Motor | 5% |
| Motor Contingency | 15% |
| Multi Vehicle | 5% |
| Private Car | 8% |
| Van | 5% |
Other
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 % |
|---|---|
| Computer | 15% |
| Contractors Works | 15% |
| Engineering Business Interuption | 15% |
| Engineering Insurance Inspection | 15% |
| Fire Schedule | 12% |
| Goods in Transit | 18% |
| Horses | 15% |
| Livestock | 15% |
| Loss of Profits | 12% |
| Money | 15% |
| Professional Photographer | 20% |
| Special Types | 5% |
| Taxi | 15% |
| Theft | 15% |
| Trailer | 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 % |
|---|---|
| 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 | 20% |
| 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 % |
|---|---|
| Apartment Block Insurance | 10% |
| Commercial Combined | 20% |
| Commercial Vehicle | 8% |
| Commercial Vehicle | 5% |
| 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% |
| Shop/Office/Surgery | 20% |
| Shopkeepers | 15% |
| Shopkeepers | 20% |
| Tractor/Agri | 5% |
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% |
| Office/Shop | 15% |
| Property Owners | 20% |
| Traders Combined | 15% |
Blue Insurances 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% |
| Travel – Unions | 10% |
| Travel – White Label | 20% |
| Travel – Wholesale | 30% |
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 | 20% |
| Motor Breakdown | 20% |
Other
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 % |
|---|---|
| Gadget | 15% |
| Pet Insurance | 15% |
| Wedding Insurance | 20% |
Brady Underwriting
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% |
Other
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 % |
|---|---|
| Expenses | 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 % |
|---|---|
| Business Protect (Retail, Office, Hospitality & Manufacturing) | 15% |
| Business protect | 15% |
| Eventinsure | 10% |
| Eventinsure Product | 10% |
| Legal Expenses | 10% |
Broker Solutions
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 % |
|---|---|
| Investments | 3% |
CFC Underwriting
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 – Profesional Indemnity | 17.5% |
Other
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 Lines | 20% |
| Marine K&R | 35% |
| Terrorism | 25% |
Chubb European Group (Dublin)
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% |
| Private Car | 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% |
| Personal Accident | 30% |
Other
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 % |
|---|---|
| Computer | 15% |
| Contractors Works | 15% |
| Directors and Officers | 20% |
| Fire Schedule | 12% |
| Goods in Transit | 18% |
| Horses | 15% |
| Livestock | 15% |
| Loss of Profits | 12% |
| Money | 15% |
| Theft | 15% |
| Trailer | 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 % |
|---|---|
| Employers Liability | 6% |
| Excess Liability | 15% |
| Excess Liability | 15% |
| Products Liability | 10% |
| Public Liability | 10% |
| Sports 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 % |
|---|---|
| Commercial Combined | 15% |
| Fire/Perils | 12% |
| Glass | 15% |
| Multi Risk | 5% |
| Property Damage | 10% |
| Shop | 15% |
| Shopkeepers | 15% |
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% |
Other
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 % |
|---|---|
| Contract Works Policy | 15% |
| D & O Policy | 20% |
| Directors and Officers | 15% |
| Marine Policy | 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 % |
|---|---|
| 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 % |
|---|---|
| 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% |
Coface
Other
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 % |
|---|---|
| Credit Insurance | 10% |
Corporate Underwriting Ltd.
Other
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 % |
|---|---|
| Goods in Transit | 19% |
| Marine Cargo | 20% |
| Trailers | 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 % |
|---|---|
| Carriers Liability | 19% |
Cover Centre Insurance Ltd.
Other
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 % |
|---|---|
| HORSE INSURANCE | 6.5% |
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 % |
|---|---|
| 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 % |
|---|---|
| Light Commercial Vehicle | 10% |
ARAG Legal Protection Ltd
Other
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% |
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% |
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% |
Other
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 % |
|---|---|
| Additional Expenses | 5% |
| Agricultural Vehicle | 15% |
| Computer | 15% |
| Contractors Works | 15% |
| Fire Schedule | 12% |
| Goods in Transit | 18% |
| Horses | 15% |
| Livestock | 15% |
| Loss of Profits | 12% |
| Money | 15% |
| Theft | 15% |
| Trailer | 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 % |
|---|---|
| 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% |
| Commercial Combined | 15% |
| Commercial Combined (ICS) | 15% |
| Commercial Package (IIP) | 15% |
| Education (ISS) | 15% |
| Engineering, Cyber (CEN) | 15% |
| Fire/Perils | 12% |
| Fire/Perils | 15% |
| Glass | 15% |
| Heritage (IHG) | 15% |
| Legal Expenses | 15% |
| Multi Risk | 5% |
| Office Combined | 15% |
| Property Damage | 10% |
| Property Owners | 15% |
| Property Owners (IPO) | 15% |
| Shop | 15% |
| 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 |
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% |
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% |
Other
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 Lines | 20% |
| Directors and Officers | 20% |
| Event Insurance | 17.5% |
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% |
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
Other
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 % |
|---|---|
| ALPI (IRELAND) LIMITED | 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 % |
|---|---|
| COLIN O’DONOGHUE T/A CD MOTORS | 15% |
| Engineering | 10% |
| Engineering Inspection | 10% |
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 |
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% |
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% |
Marsh Ireland Brokers Limited, trading as JLT Ireland
Other
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 % |
|---|---|
| Marine | 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 % |
|---|---|
| Public Liability Only | 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 Others Guesthouse Fire /Theft Accidental Damage | 10% |
| Charities | 10% |
| Commercial | 10% |
| Electrical Contractors | 10% |
| Sports | 10% |
Liberty Seguros
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 | 8% |
| Private Car | 8% |
Other
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 % |
|---|---|
| Nursing Home Combined | 17.5% |
| Taxi | 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 | 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 % |
|---|---|
| Commercial Combined | 15% |
| Commercial Vehicle | 8% |
| Fleet Insurance | 8% |
| Hackney | 5% |
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% |
Other
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% |
| Contractors Works | 15% |
| Engineering Business Interuption | 15% |
| Engineering Insurance Inspection | 15% |
| Fire Schedule | 12% |
| Goods in Transit | 18% |
| Horses | 15% |
| Livestock | 15% |
| Loss of Profits | 12% |
| Money | 15% |
| Theft | 15% |
| Trailer | 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 % |
|---|---|
| Products Liability | 10% |
| Public Liability | 10% |
| Sports 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 % |
|---|---|
| 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 |
|---|
| All types |
MIS 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 | 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 € | Commission % |
|---|---|---|
| MOTOR EXCESS= | €15 | – |
| Motor Extra Benefits | – | 45% |
Other
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 % |
|---|---|---|
| Key Dependent on price = | €18 | – |
| Legal Expenses | – | 45% |
| Legal Expenses | – | 45% |
| Rent Guarantee policy | €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 % |
|---|---|
| ROI Owner Occupied | 20% |
| ROI Residential Let | 25% |
MS Amlin Underwriting @ Lloyds
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 | 23% |
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 |
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 |
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 |
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% | 1% |
Norman Thompson Insurances 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 % |
|---|---|
| Combined Traders Funeral Directors | 15% |
| Combined Traders Hair and Beauty Salons | 15% |
Northern Marine U/W Ltd.
Other
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 % |
|---|---|
| Goods in Transit | 20% |
| Marine | 20% |
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% |
Other
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 % |
|---|---|
| B & B | 15% |
| Couriers | 12.5% |
| Goods in Transit | 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 | 15% |
| ELPL | 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% |
| 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% |
Other
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 % |
|---|---|
| Construction HGV Gefion | 7.5% |
| Contractors All Risks | 15% |
| Contractors Plant All Risks | 15% |
| Courier | 7.5% |
| Courier – AXA | 5% |
| Engineering & Inspection | 15% |
| Equestrian Property | 7.5% |
| Horse Lorry Axa | 5% |
| Horsebox – AXA | 5% |
| Horsebox Lorry Gefion | 7.5% |
| Horses | – |
| Special Types | 5% |
| Special Types Axa | 5% |
| Special Types Gefion | 7.5% |
| Taxi | 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% |
Pulse Insurance Ltd
Other
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 % |
|---|---|
| Income Replacement | 12.5% |
| Life Enquiry | 12.5% |
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 |
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 |
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 | 10% |
| Professional Indemnity | 17.5% |
| 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% |
| 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% |
Other
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% |
| Computer | 15% |
| Contractors Works | 20% |
| Crime | 20% |
| Directors and Officers | 15% |
| Engineering Business Interuption | 15% |
| Engineering Insurance Inspection | 15% |
| Fidelity Guarantee | 20% |
| Financial Risks | 15% |
| Fire Schedule | 15% |
| Goods in Transit | 18.8% |
| Goods in Transit | 20% |
| Marine | 18% |
| Marine | 18.8% |
| Marine | 20% |
| Marine: Small Craft | 15% |
| Money | 15% |
| Special Types | 5% |
| Sports Property Damage | 15% |
| Taxi | 10% |
| Theft | 20% |
| Theft by Employees | 20% |
| Trailer | 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 | 18% |
| Transit 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 % |
|---|---|
| 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 Vehicle | 5% |
| Commercial Vehicle Fleet | 5% |
| Contractors All Risks | 15% |
| Engineering | 15% |
| Engineering | 15% |
| Farmers Combined | 15% |
| Fire/Perils | 12.5% |
| Fire/Perils | 15% |
| 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 | 17.5% |
| Office Combined | 15% |
| Property | 12.5% |
| Property | 12.5% |
| Property Damage | 15% |
| Property Owners | 15% |
| R.I.A.I. Motor Scheme | 5% |
| Shop | 15% |
| Shopkeepers | 15% |
| 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% |
| 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 | – |
| 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% |
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% |
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% |
Other
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 Others | – |
| Miscellaneous Safe | 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 | 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% |
| Gourmet Safe | 15% |
| Property Owners | 15% |
| Shop Safe | 15% |
Thomond 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 (AmTrust) | 12.5% |
| Professional indemnity – AmTrust Europe Ltd through Collegiate Underwriting | 12.5% |
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 with Lloyds Insurance Co SA | 10% |
| Personal Accident (Axis/Lloyds) | 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% |
| Liability (Calpe) | 15% |
| Liability with Calpe Insurance Company Limited via Corin Underwriting Ltd | 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 % |
|---|---|
| Bonds case by case depending on Surety | – |
| Commercial Combined | 15% |
| Contractors All Risk with Great American International Insurance (EU) DAC via Corin Underwriting Ltd | 15% |
| Contractors All Risks with Certain Underwriters at Lloyd’s via The Fiducia MGA Co Ltd | 15% |
| Contractors all risks (Great America) | 15% |
| Contractors all risks(Fiducia) | 15% |
| Cyber (Safe Online) | 12% |
| Cyber with Lloyd’s Insurance Co SA | 12% |
| Cyber, Lloyd’s Insurnace Co SA | 10% |
| Material Damage & BI | 15% |
| Material Damage & BI with Lloyd’s Insurance Co SA | 15% |
| Property Owners | 15% |
| Property Owners with LLoyds Insurance Co SA | 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% |
Other
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 % |
|---|---|
| Miscellaneous | 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 Vehicle | 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
Other
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 % |
|---|---|
| CONSEQUENTIAL LOSS | 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 % |
|---|---|
| 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 % |
|---|---|
| Combined | 17.5% |
| Motor Fleet | 7.5% |
| Property | 15% |
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% |
Other
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 % |
|---|---|
| Contractors Works | 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 % |
|---|---|---|
| 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 Vehicle | – | 8% |
| Commercial Vehicle | – | 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 Traders | – | 5% |
| Multi Risk | – | 5% |
| Office Combined | €15 | 15% |
| 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% |
W R Berkley Ins (Eur) Ltd -Bdx
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 | 20% |
| Public 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 % |
|---|---|
| Commercial Combined | 20% |
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% |
| 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% |
| 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% |
| 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% |
XL
Other
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 % |
|---|---|
| Nursing Homes | 25% |
XS Direct Ins. Brokers 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% |
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 | 25% |
| Professional Indemnity | 15% |
| 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 Vehicle | 7.5% |
| Commercial Vehicle | 5% |
| 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% |
| 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% |
| Hackney | 5% |
| I.D.A. Motor Scheme | 5% |
| I.H.C.A. Motor Scheme | 5% |
| Internal Risks | 10% |
| Legal Expenses | 15% |
| Legal Expenses | 25% |
| 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% |
| Tradestar Office | 15% |
| Tradestar Property Owners | 15% |
| Tradestar Shop | 15% |
| Tradestar-Property Owners | 15% |
| Trailer | 15% |
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 |
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% |
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% | – | – |
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% |