Phelan Caswell Insurances Ltd (PCI), formally BHP Insurances Ltd, was founded in 1998 with a commitment to be a leading provider of Insurance and Financial Planning services.

Our Contacts

First Floor, Unit 16 A, Fonthill Business Park, Dublin 22, D22 F2P1

info@pcinsurances.ie

+353 1 620 2030

Working Hours

Monday
9.00 - 17.00
Tuesday
9.00 - 17.00
Wednesday
9.00 - 17.00
Thursday
9.00 - 17.00
Friday
9.00 - 17.00
Saturday
Closed
Sunday
Closed

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 commissionIndemnity 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).

ProductCommission %
PA/Travel20%
Travel25%

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)

ProductCommission %
PI17.5%
PI Rapidcover25%
Professional Indemnity5%
Professional Indemnity15%
Professional Indemnity10%
Professional Indemnity18%
Professional Indemnity15%
Trailer25%

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)

ProductCommission %
Car Hire Excess25%
Classic Car Scheme8%
Classic Car Scheme10%
Limited Mileage10%
MG Owners Scheme8%
Morris Minor10%
Motor Cycle10%
Multi Vehicle6%
Multi Vehicle8%
Private Car10%

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).

ProductCommission %
Personal Accident20%

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).

ProductCommission %
Cyber Liability20%
D&O, Crime, PTL, EPL, Entity17.5%
D&O, Crime, PTL, EPL, Entity Rapidcover (Bus Guard)20%
Directors and Officers20%
EL6%
Employers Liability6%
Environmental Liability18%
Excess Liability10%
PL10%
PL Rapidcover20%
Products Liability10%
Public Liability10%
Sports Liability12%
Transit Liability12%

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).

ProductCommission %
Claim15%
Fire Schedule12%
Fire/Perils12%
Household25%

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).

ProductCommission %
Agricultural Vehicle5%
Com Comb Rapidcover20%
Commercial Combined25%
Commercial Vehicle6%
Commercial Vehicle10%
Computer15%
Contractors Works15%
Crisis Management25%
Cyber20%
Cyber Rapidcover25%
Directors and Officers15%
Driving Instruction10%
Driving Instruction8%
Driving Testers10%
Engineering Insurance Inspection15%
Excess10%
Excess Rapidcover25%
Fleet Insurance5%
Glass15%
Goods in Transit18%
Horses15%
Instructor Vehicle10%
Livestock15%
Loss of Profits12%
Marine20%
Money15%
Motor Contingency15%
Motor Traders5%
Multi Risk5%
Office Rapidcover20%
Prop Own Rapidcover20%
Property15%
Property Damage10%
Shop15%
Shopkeepers15%
Shops Rapidcover20%
Terrorism15%
Theft15%

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).

ProductCommission %
Travel25%

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)

ProductCommission ₮Commission %
PFP Professional Indemnity₮1920%
Professional Indemnity15%

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)

ProductCommission %
Motor Contingency15%
Motor Contingency15%
Multi Vehicle5%
OGR Motor – Own Goods5%
PCR RoI Broker Motor Product10%

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).

ProductCommission %
Sports Policy Combined10%

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).

ProductCommission %
CGL Cargo Liability19%
Employers Liability6%
LIA Combined Liability10%
LIA Combined Liability – EL6%
LIA Combined Liability – PL10%
LIN Combined Liability NI – EL6%
LIN Combined Liability NI – PL10%
Products Liability10%
Public Liability10%
RPL Public Liability MML5%
RPL Public Liability10%
SPL Social Public Liability15%
Sports Liability12%
Transit Liability18%

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).

ProductCommission %
Accidental Damage10%
Fire Only15%
Fire Schedule12%
Fire/Perils15%
Glass15%
HHR Combined House Insurance20%
HPR Personal lines household15%
HYR Holiday Home ROI15%
Theft15%

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).

ProductCommission %
Agricultural Vehicle0.5%
Apartment Block17.5%
Aviation10%
BMR Business – Commercial Motor5%
Bond7.5%
Bond10%
Business Interuption15%
CBR Combined Property15%
CGD Cargo Goods19%
CMP Computer15%
CPR Commercial Construction6%
Caravan15%
Combined Traders15%
Commercial Combined15%
Commercial Vehicle5%
Computer15%
Contractors Works15%
Credit and Guarantee10%
ENG Engineering15%
Engineering Business Interuption15%
Engineering Insurance Inspection15%
Fleet Insurance5%
Goods in Transit19%
HPY Hospitality15%
HYT Hull Marine18%
Hackney10%
Hackney – Limousine10%
Horses15%
Hull Insurance10%
Internal Risks15%
Internal Risks10%
Internal Risks15%
LPR Landlord House Insurance15%
Livestock15%
Loss of Profits12%
MFR Motor – Fleet5%
MTR Motor – Road Risks5%
Marine: Small Craft15%
Money15%
Motor Trader Combined 5%10%
Motor Traders Combined BI15%
Motor Traders Combined CMF15%
Motor Traders Combined EL15%
Motor Traders Combined GAP15%
Motor Traders Combined PL15%
Motor Traders Combined PRL15%
OFM Office15%
POP Property Owner15%
PRP Combined Property15%
Property Damage10%
RCR Combined Risks – BI15%
RCR Combined Risks – BU15%
RCR Combined Risks – CL15%
RCR Combined Risks – EL15%
RCR Combined Risks – FG15%
RCR Combined Risks – FR15%
RCR Combined Risks – GAP15%
RCR Combined Risks – GAR15%
RCR Combined Risks – MML15%
RCR Combined Risks – PA15%
RCR Combined Risks – PL15%
REN Engineering15%
RPM Hospital Malpractice Insurance10%
RTM Retail15%
Religious Protection10%
SBR – Social Mini-Bus ROI5%
SCR Combined Risk15%
SFR Motor – Small Fleet5%
SHC Shop15%
SME – Business Policy15%
SMP – Property Owners15%
STR – Motor – Special Types15%
Shop15%
Shopkeepers15%
Special Types5%
Taxi10%
Trailer25%

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)

ProductCommission %
Professional Indemnity25%

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).

ProductCommission %
Directors and Officers25%

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)

ProductCommission %
Professional Indemnity Insurance Dual15%
Professional Indemnity Insurance Hiscox10%
Professional Indemnity Insurance Irish Public Bodies Mutual8%
Professional Indemnity Insurance Liberty10%
Professional Indemnity Insurance XL Insurance10%
Professional Indemnity Insurance XL Insurance10%
Professional Indemnity Insurance Zurich10%

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)

ProductCommission %
Private Car (Personal Lines) Chubb5%
Private Motor Insurance Chubb5%

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).

ProductCommission %
Personal Accident & Illness AIG10%
Personal Accident Insurance Chubb20%

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).

ProductCommission %
Aviation10%
Marine12.5%

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).

ProductCommission %
Combined Liability11%
Combined Liability Berkshire Hathaway10%
Combined Liability Zurich10%
Directors & Officers Liability – Golf Travelers Insurance10%
Directors and Officers Liability Travelers Insurance10%
Employers Liability Irish Public Bodies Mutual8%
Excess Liability Liberty10%
Professional Indemnity Insurance Chubb10%
Property Owners Liability15%
Public Liability Irish Public Bodies Mutual8%

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).

ProductCommission %
Household10%
Household Insurance Azur Underwriting12%
Household Insurance Chubb12%

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).

ProductCommission %
Aon Toal Planthire Scheme – Commercial Package Travelers Insurance5%
Combined Directors & Officers and Employment Practices Liability Travelers Insurance12%
Combined Liability Allied World10%
Combined Liability Aon UK8%
Combined Liability RSA15%
Combined Traders8%
Commercial Combined10%
Commercial Combined Package Axa10%
Commercial Combined Package Barbican10%
Commercial Combined Package Chubb10%
Commercial Combined Package Ecclesiastical Insurance Office plc12.5%
Commercial Combined Package Hiscox10%
Commercial Combined Package Irish Public Bodies Mutual7.5%
Commercial Combined Package Liberty10%
Commercial Combined Package Travelers Insurance8%
Commercial Combined Package XL Insurance10%
Commercial Combined Package Zurich13%
Commercial Package – NHI Liberty10%
Commercial Package AIG10%
Commercial Package Aon UK15%
Commercial Package Chubb10%
Commercial Package Zurich4.5%
Commercial Property Policy Berkshire Hathaway10%
Commercial Vehicle Liberty5%
Commercial Vehicle Zurich
Computer All Risks RSA7.5%
Computer All Risks Zurich7.5%
Construction Liability Insurance Liberty10%
Construction Liability Insurance XL Insurance10%
Contractors All Risks Insurance (AW) Northern Marine10%
Contractors All Risks Insurance Liberty10%
Contractors All Risks Northern Marine10%
Cyber Liability Insurance Hiscox10%
Cyber with Beazley20%
Directors & Officers Liability Chubb25%
Directors & Officers Liability Hiscox
Directors & Officers Liability Liberty10%
Directors and Officers Liability Liberty10%
Engineering Aviva7.5%
Engineering RSA10%
Environmental Impairment Liability (EIL) AIG7.5%
Event Insurance Hiscox10%
Excess Liability10%
Excess Liability Insurance Chubb10%
Excess Public/Products Liability Allied World12%
Fine Art Insurance Axa5%
Fine Art Insurance Hiscox
Golf Buggy Insurance Travelers Insurance
Golfers Combined Package Travelers Insurance10%
Group Travel AIG13%
Household Insurance12%
ICMA : Motor Fleet Insurance Zurich
ICMA : Private Motor Insurance Zurich
Machinery Movement RSA10%
Marine Insurance (AW) Northern Marine10%
Marine Insurance RSA12.5%
Medical Malpractise Hiscox10%
Motor Fleet Insurance Liberty5%
Motor Fleet Insurance Travelers Insurance5%
Motor Fleet Zurich
Motor Trade Road Risks Travelers Insurance7%
Motor Trade Road Risks Zurich
Multi Risk7.5%
One-Plan Package Chubb10%
Personal Accident Insurance10%
Private Car (Commercial) Zurich
Property Owners15%
Property Owners Liability Liberty12.5%
Property/Business Interruption Liberty10%
Public/Products Liability The Underwriting Exchange6.75%
Real Estate Property & Property Owners Liability Pkg10%
Rugby Clubs : Commercial Combined Package Aviva15%
Stud & Stable Insurance Package Aviva8%
Tennis Commercial Combined Package Ecclesiastical Insurance Office plc12.5%

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).

ProductCommission %
Marine15%
Marine: Small Craft15%

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).

ProductCommission %
Multi Risk5%

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)

ProductCommission %
Professional Indemnity12.5%

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).

ProductCommission %
Construction Liability10%
Liability – RSA, HDI, Allianz15%

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).

ProductCommission %
Cleaning Contractor12%
Combined Traders15%
Contractors All Risks13%
House – Holiday Home – KHB, KHH OR HM10%
House – Holiday Home HSH15%
House – Holiday Home HSH15%
House – Rental Let15%
Liability HISCOX13%
Oil Distributors8%
Petrol Stations7.5%
Property Owners15%
Recruitment Consultants12.5%
Schools10%
Security Contractors12.5%

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).

ProductCommission %
Travel25%

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)

ProductCommission %
Motor Damage10%

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).

ProductCommission %
Trailer25%

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).

ProductCommission %
Public Liability15%

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).

ProductCommission %
Caravan15%
Caravan10%
Holiday Home10%
Household15%
Mobile Home10%
Mobile Home15%

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).

ProductCommission %
Commercial Combined15%
Multi Risk5%

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).

ProductCommission %
Travel20%

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)

ProductCommission %
Professional Indemnity18%

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)

ProductCommission %
Motor ARB Ideal8%
Private Car10%
Road risk10%
vehicle5%

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).

ProductCommission %
Personal Accident20%

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).

ProductCommission %
JRP MD/BI only policies15%
JRP POL15%

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).

ProductCommission %
AIG apartment blocks12.5%
Commercial Combined15%
Commercial Vehicle7.5%
Hackney5%
Motor Trade10%
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 MTIR10%
Property Owners10%
Shopkeepers15%
Surestone MTIR policies10%
Taxi15%

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).

ProductCommission %
Fleet Insurance5%

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)

ProductCommission %
Private Car7.5%

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)

ProductCommission %
Professional Indemnity15%
Professional Indemnity15%

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)

ProductCommission %
Caravan15%
Motor Contingency15%
Motor Cycle5%
Multi Vehicle5%
Private Car7.5%

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).

ProductCommission %
Personal Accident20%

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).

ProductCommission %
Combined Liability9%
Combined Liability10%
Employers Liability6%
Products Liability10%
Public Liability10%
Sports Liability12%
Transit Liability18%
Transit Liability12%
Warehouse Liability10%

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).

ProductCommission %
Household15%

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).

ProductCommission %
Admin Bond20%
Agricultural Vehicle5%
All Risks10%
All Risks15%
Bakery Motor Scheme5%
Bond10%
Claims Management10%
Commercial Combined15%
Commercial Vehicle10%
Computer15%
Contractors Works15%
ENG INS – JC15%
ENG INS – JF15%
ENG INS – JM15%
ENG INS – JP15%
Engineering Business Interuption15%
Engineering Insurance Inspection15%
Farmers Combined15%
Fidelity Guarantee15%
Fire Schedule12%
Fire/Perils15%
Fleet Insurance5%
Glass15%
Goods in Transit18%
Horses15%
I.D.A. Motor Scheme5%
Internal Risks10%
Livestock15%
Loss of Licence10%
Loss of Profits12%
MARINE15%
Marine18%
Marine: Small Craft15%
Milk Agents Motor5%
Money15%
Motor Traders5%
Multi Risk5%
Office Combined15%
PACKAGES – AO16%
PACKAGES – AS16%
PACKAGES – US15%
Property Damage10%
Property Owners10%
R.I.A.I. Motor Scheme5%
R.I.A.I. Motor Scheme5%
Self Build15%
Shop15%
Shopkeepers15%
Special Types5%
Surgery Insurance15%
Theft15%
Traders Combined15%

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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Term Protection150%22%24

Single Premium PRSA

ProductInitial %Recurring %
Single Premium PRSA4%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Specified150%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Savings15%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Regular Premium PRSA22.5%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.

ProductInitial %Recurring Commission %
PRB5.25%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Mortgage Protection150%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Income Protection200%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.

ProductInitial %Recurring Commission %
Investments5.25%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Regular Premium pension20%1%48
Single premium pension5.25%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.

 

ProductInitial %Recurring Commission %
ARF5.25%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).

ProductCommission %
Travel25%

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)

ProductCommission %
Professional Indemnity15%

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)

ProductCommission %
Car8%
Caravan15%
Morris Minor5%
Motor5%
Motor Contingency15%
Multi Vehicle5%
Private Car8%
Van5%

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).

ProductCommission %
Computer15%
Contractors Works15%
Engineering Business Interuption15%
Engineering Insurance Inspection15%
Fire Schedule12%
Goods in Transit18%
Horses15%
Livestock15%
Loss of Profits12%
Money15%
Professional Photographer20%
Special Types5%
Taxi15%
Theft15%
Trailer25%

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).

ProductCommission %
Employers Liability6%
Liability15%
Liability15%
Products Liability10%
Public Liability10%
Sports Liability12%
Transit Liability12%

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).

ProductCommission %
Holiday Home20%
House20%
Household20%
Household25%

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).

ProductCommission %
Apartment Block Insurance10%
Commercial Combined20%
Commercial Vehicle8%
Commercial Vehicle5%
Farm17.5%
Fire/Perils12%
Fleet Insurance10%
Glass15%
Guest House10%
Hackney15%
Hackney5%
I.D.A. Motor Scheme8%
Motor Traders5%
Multi Risk5%
Office Combined15%
Property Damage10%
Property Owners10%
R.I.A.I. Motor Scheme8%
Shop/Office/Surgery20%
Shopkeepers15%
Shopkeepers20%
Tractor/Agri5%

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)

ProductCommission %
Professional Indemnity20%

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).

ProductCommission %
Holiday Home15%
Household15%
Household15%

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).

ProductCommission %
Commercial Combined20%
Office/Shop15%
Property Owners20%
Traders Combined15%

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).

ProductCommission %
Travel15%
Travel – Unions10%
Travel – White Label20%
Travel – Wholesale30%

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)

ProductCommission %
Car Hire Excess20%
Motor Breakdown20%

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).

ProductCommission %
Gadget15%
Pet Insurance15%
Wedding Insurance20%

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).

ProductCommission %
Personal Accident10%

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).

ProductCommission %
Expenses15%

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).

ProductCommission %
Business Protect (Retail, Office, Hospitality & Manufacturing)15%
Business protect15%
Eventinsure10%
Eventinsure Product10%
Legal Expenses10%

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.

ProductInitial %
Investments3%

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)

ProductCommission %
PI – Profesional Indemnity17.5%

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).

ProductCommission %
All Other Lines20%
Marine K&R35%
Terrorism25%

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).

ProductCommission %
Travel25%

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)

ProductCommission %
Professional Indemnity15%

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)

ProductCommission %
Motor Contingency15%
Private Car5%

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).

ProductCommission %
PERSONAL ACCIDENT20%
Personal Accident30%

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).

ProductCommission %
Computer15%
Contractors Works15%
Directors and Officers20%
Fire Schedule12%
Goods in Transit18%
Horses15%
Livestock15%
Loss of Profits12%
Money15%
Theft15%
Trailer25%

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).

ProductCommission %
Employers Liability6%
Excess Liability15%
Excess Liability15%
Products Liability10%
Public Liability10%
Sports Liability12%
Transit Liability12%

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).

ProductCommission %
Commercial Combined15%
Fire/Perils12%
Glass15%
Multi Risk5%
Property Damage10%
Shop15%
Shopkeepers15%

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).

ProductCommission %
PA/Travel Policy20%

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)

ProductCommission %
Professional Indemnity Policy20%

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)

ProductCommission %
Motor Damage15%

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).

ProductCommission %
Contract Works Policy15%
D & O Policy20%
Directors and Officers15%
Marine Policy25%

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).

ProductCommission %
Employers Liability10%
Employment Practice Liability20%
Excess PL Policy15%
PL Policy10%
Pension Trustee Liab Policy25%

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).

ProductCommission %
Household23%
Prop Owners Policy15%

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).

ProductCommission %
Commercial Combined15%
Commercial Package Policy15%
Multi Risk5%

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).

ProductCommission %
Combined Liability10%
Employers Liability7.5%
Public Liability12.5%

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).

ProductCommission %
All types10%
Property Damage12.5%

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).

ProductCommission %
Credit Insurance10%

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).

ProductCommission %
Goods in Transit19%
Marine Cargo20%
Trailers15%

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).

ProductCommission %
Carriers Liability19%

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).

ProductCommission %
HORSE INSURANCE6.5%

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).

ProductCommission %
Apartment Landlord15%
Apartment Owner Occupied15%
HOUSEHOLD15%
Homeshield Rental15%
Kidd Endeavour15%
Kidd High Net Worth15%
Kidd Holiday Home10%
Kidd Homeworker15%
Kidd Mobile Home Fixed Site10%
Kidd Non-standard Construction10%
Kidd Touring Caravan10%
Kidd Unoccupied10%
Kiddsure Select15%

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).

ProductCommission %
Light Commercial Vehicle10%

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).

ProductCommission %
Household23%

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).

ProductCommission ₮Commission %
Commercial Legal Expenses₮24.5925%
EL Policy6%

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).

ProductCommission %
Travel25%

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)

ProductCommission %
Professional Indemnity15%

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)

ProductCommission %
Caravan15%
Motor Contingency15%
Private Car5%

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).

ProductCommission %
Additional Expenses5%
Agricultural Vehicle15%
Computer15%
Contractors Works15%
Fire Schedule12%
Goods in Transit18%
Horses15%
Livestock15%
Loss of Profits12%
Money15%
Theft15%
Trailer25%

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).

ProductCommission %
Employers Liability6%
Products Liability10%
Sports Liability12%
Transit Liability12%

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).

ProductCommission %
Household15%

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).

ProductCommission %
Apartment Block Insurance10%
Charity, Faith and Community Insurance (CHA)15%
Commercial Combined15%
Commercial Combined (ICS)15%
Commercial Package (IIP)15%
Education (ISS)15%
Engineering, Cyber (CEN)15%
Fire/Perils12%
Fire/Perils15%
Glass15%
Heritage (IHG)15%
Legal Expenses15%
Multi Risk5%
Office Combined15%
Property Damage10%
Property Owners15%
Property Owners (IPO)15%
Shop15%
Shopkeepers15%

Friends First


Single Premium PRSA

ProductInitial %Recurring %
Single Premium PRSA7.5%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Savings10%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Regular Premium PRSA17.5%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.

ProductInitial %Recurring Commission %
Investments5%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.

 

ProductInitial %Recurring Commission %
ARF5%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).

ProductCommission %
Household10%

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).

ProductCommission %
All policy types10%

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)

ProductCommission %
Professional Indemnity20%

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).

ProductCommission %
All Other Lines20%
Directors and Officers20%
Event Insurance17.5%

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).

ProductCommission %
Combined Liability9%

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).

ProductCommission %
Household20%

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).

ProductCommission %
All Commercial Policies20%
Commercial Combined20%
Commercial Combined20%
Office Combined20%

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).

ProductCommission %
ALPI (IRELAND) LIMITED15%

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).

ProductCommission %
COLIN O’DONOGHUE T/A CD MOTORS15%
Engineering10%
Engineering Inspection10%

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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Whole of Life100%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Term Protection100%28%60

Single Premium PRSA

ProductInitial %Recurring %
Single PRemium PRSA5%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Specified100%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.

ProductInitial %Recurring Commission %RenewalClawback Period (Months)
Savings5.5%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.

ProductInitial %Recurring Commission %RenewalClawback Period (Months)
Regular Premium PRSA17.5%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.

ProductInitial %Recurring Commission %
PRB5%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Mortgage Protection100%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Income Protection120%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.

ProductInitial %Recurring Commission %
Investments5%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.

ProductInitial %Recurring Commission %RenewalClawback Period (Months)
Regular Premium pension17.5%0.5%5%48
Single premium pension5%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.

 

ProductInitial %Recurring Commission %
ARF5%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).

ProductCommission %
Marine10%

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).

ProductCommission %
Public Liability Only10%

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).

ProductCommission %
All Others Guesthouse Fire /Theft Accidental Damage10%
Charities10%
Commercial10%
Electrical Contractors10%
Sports10%

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)

ProductCommission %
Private Car8%
Private Car8%

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).

ProductCommission %
Nursing Home Combined17.5%
Taxi5%

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).

ProductCommission %
Household20%

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).

ProductCommission %
Commercial Combined15%
Commercial Vehicle8%
Fleet Insurance8%
Hackney5%

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).

ProductCommission %
Travel25%

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)

ProductCommission %
Professional Indemnity15%

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)

ProductCommission %
Motor Contingency15%
Multi Vehicle5%
Private Car5%

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).

ProductCommission %
Agricultural Vehicle5%
Contractors Works15%
Engineering Business Interuption15%
Engineering Insurance Inspection15%
Fire Schedule12%
Goods in Transit18%
Horses15%
Livestock15%
Loss of Profits12%
Money15%
Theft15%
Trailer25%

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).

ProductCommission %
Products Liability10%
Public Liability10%
Sports Liability12%
Transit Liability12%

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).

ProductCommission %
Commercial Vehicle5%
Fire/Perils12%
Fleet Insurance5%
Glass15%
Motor Traders5%
Property Damage10%
Shopkeepers15%

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).

ProductCommission %
Travel25%

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)

ProductCommission ₮Commission %
MOTOR EXCESS=₮15
Motor Extra Benefits45%

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).

ProductCommission ₮Commission %
Key Dependent on price =₮18
Legal Expenses45%
Legal Expenses45%
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).

ProductCommission %
ROI Owner Occupied20%
ROI Residential Let25%

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).

ProductCommission %
Commercial Combined23%

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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Term Protection225%50%60

Single Premium PRSA

ProductInitial %Recurring %Clawback Period
Single Premium PRSA7%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Specified225%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.

ProductInitial %Recurring Commission %RenewalClawback Period (Months)
Savings10%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.

ProductInitial %Recurring Commission %RenewalClawback Period (Months)
Regular Premium PRSA25%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
PRB5%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Mortgage Protection225%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Income Protection225%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Investments4%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.

ProductInitial %Recurring Commission %RenewalClawback Period (Months)
Regular Premium pension25%1%8%60
Single premium pension5%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.

 

ProductInitial %Recurring Commission %
ARF5%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).

ProductCommission %
Combined Traders Funeral Directors15%
Combined Traders Hair and Beauty Salons15%

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).

ProductCommission %
Goods in Transit20%
Marine20%

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)

ProductCommission %
P.I20%

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).

ProductCommission %
Personal Accident15%

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).

ProductCommission %
B & B15%
Couriers12.5%
Goods in Transit20%

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).

ProductCommission %
Combined Liability15%
ELPL15%

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).

ProductCommission %
Commercial Combined15%
Contractors All Risks15%
Office15%
Property Owner17.5%
Pub/Restaurant15%
Real Estate17.5%
Self Build15%
Shop15%
Shopkeepers15%

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)

ProductCommission %
MOTOR CYCLE5%
Non-standard Car5%
Non-standard Van5%
Private Car5%

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).

ProductCommission %
Construction HGV Gefion7.5%
Contractors All Risks15%
Contractors Plant All Risks15%
Courier7.5%
Courier – AXA5%
Engineering & Inspection15%
Equestrian Property7.5%
Horse Lorry Axa5%
Horsebox – AXA5%
Horsebox Lorry Gefion7.5%
Horses
Special Types5%
Special Types Axa5%
Special Types Gefion7.5%
Taxi5%

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).

ProductCommission %
Carriers Liability10%
Combined Liability10%
Contractors Liability15%
Equestrian Liability5%
Public Liability5%

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).

ProductCommission %
Holiday Home15%
Household15%

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).

ProductCommission %
ADF&T10%
AXA Haulage5%
All Risks15%
Commercial Combined MGAM15%
Commercial Combined- Gefion15%
Commercial Vehicle5%
Courier – Axa5%
Engineering15%
Fleet7.5%
Fleet Risk Fix5%
Flexi Fleet7.5%
Horse Box – Axa5%
Logistics Combined15%
Logistics Combined – Gefion15%
Logistics Combined MGAM15%
Logistics HGV – Gefion7.5%
Logistics HGV AXA5%
Logistics Vehicle7.5%
Own Goods Vehicle7.5%
Rental Fleet7.5%
Single Vehicle Courier Axa7.5%
Single Vehicle Courier Gefion7.5%
Special Types5%
Special Types – Axa5%
Standard Haulage5%
Transport Fleet5%
Unmanned Aircraft7.5%

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).

ProductCommission %
Income Replacement12.5%
Life Enquiry12.5%

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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Whole of Life200%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Term Protection200%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Specified225%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Mortgage Protection200%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Income Protection225%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).

ProductCommission %
Personal Accident/Travel20%
Travel30%

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)

ProductCommission %
Professinal Indemnity22.5%
Professional Indemnity10%
Professional Indemnity17.5%
Professional Indemnity15%

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)

ProductCommission %
Caravan15%
Classic Car Scheme5%
Limited Mileage5%
MG Owners Scheme5%
Morris Minor5%
Motor5%
Motor Damage10%
Multi Vehicle5%
RSA Broker Motor Insurance Private Car8%

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).

ProductCommission %
Personal Accident15%
Personal Accident20%
Sports Person Accident25%

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).

ProductCommission %
Agricultural Vehicle5%
Computer15%
Contractors Works20%
Crime20%
Directors and Officers15%
Engineering Business Interuption15%
Engineering Insurance Inspection15%
Fidelity Guarantee20%
Financial Risks15%
Fire Schedule15%
Goods in Transit18.8%
Goods in Transit20%
Marine18%
Marine18.8%
Marine20%
Marine: Small Craft15%
Money15%
Special Types5%
Sports Property Damage15%
Taxi10%
Theft20%
Theft by Employees20%
Trailer25%

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).

ProductCommission %
Carriers Liability20%
Combined Liability10%
Combined Liability9%
Employers Liability6%
Employers Liability6%
Office Liability10%
Public Liability10%
Public Liability10%
Sports Liability17.5%
Transit Liability18%
Transit Liability20%

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).

ProductCommission %
Holiday Home25%
Household25%
R.I.A.I. Home Secure5%

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).

ProductCommission %
All Risks15%
Apartments/Block of Flats15%
Barristers Office22.5%
Cargo20%
Combined15%
Commercial Combined15%
Commercial Vehicle5%
Commercial Vehicle Fleet5%
Contractors All Risks15%
Engineering15%
Engineering15%
Farmers Combined15%
Fire/Perils12.5%
Fire/Perils15%
Fleet Insurance10%
Glass20%
I.D.A. Motor Scheme5%
I.H.C.A. Motor Scheme5%
Motor Traders5%
Multi Risk5%
Office17.5%
Office Combined17.5%
Office Combined15%
Property12.5%
Property12.5%
Property Damage15%
Property Owners15%
R.I.A.I. Motor Scheme5%
Shop15%
Shopkeepers15%
Traders20%
Traders20%

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).

ProductCommission %
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)

ProductCommission %
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)

ProductCommission %
Chubb Masterpiece Motor5%
HNW Motor – Dual5%
Private Motor5%

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).

ProductCommission %
Combined Liability10%
Cyber Liability (Various)10%
Excess Liability10%
Excess Liability10%
Excess Liability (CNA Hardy)10%
Excess Liability (Chubb)10%
PROPERTY OWNERS15%
PUBLIC LIABILITY
Premises Liability15%

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).

ProductCommission %
HOUSEHOLD15%
OL PROPERTY OWNER10%

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).

ProductCommission %
APARTMENT BLOCK15%
COMMERCIAL COMBINED16%
Chubb Masterpiece Household12.5%
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 – Dual12.5%
Kidnap & Ransom (Chubb)10%
MOTOR FLEET15%
Marine Cargo (CNA)10%
Miscellaneous15%
Office15%
POL – Securus – offline10%
POL – Securus – online15%
Property Owners (Citynet)10%
Terrorism Cover (Citynet)
UNOCCUPIED PROPERTY OWNERS INSURANCE QBE10%
Vacant Property (Securus – offline)10%
Vacant Property (Securus – online)15%

Standard Life International dac


Single Premium PRSA

ProductInitial %Recurring %
Single Premium PRSA5%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Savings15%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.

ProductInitial %Recurring Commission %Renewal
Regular Premium PRSA5%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.

ProductInitial %Recurring Commission %
PRB5%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.

ProductInitial %Recurring Commission %
Investment4%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.

ProductInitial %Recurring Commission %RenewalClawback Period (Months)
Regular Premium pension25%1%8%60
Single premium pension5%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.

 

ProductInitial %Recurring Commission %
ARF4%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).

ProductCommission %
Travel – Business10%
Travel – Individual10%

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).

ProductCommission %
Personal Accident10%
Personal Accident / Illness10%

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).

ProductCommission %
All Others
Miscellaneous Safe15%

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).

ProductCommission %
Combined Liability12.5%

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).

ProductCommission %
Chip Safe15%
Gourmet Safe15%
Property Owners15%
Shop Safe15%

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)

ProductCommission %
Professional Indemnity (AmTrust)12.5%
Professional indemnity – AmTrust Europe Ltd through Collegiate Underwriting12.5%

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).

ProductCommission %
Personal Accident & Illness with Lloyds Insurance Co SA10%
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).

ProductCommission %
Combined Liability15%
Liability (Calpe)15%
Liability with Calpe Insurance Company Limited via Corin Underwriting Ltd15%

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).

ProductCommission %
Bonds case by case depending on Surety
Commercial Combined15%
Contractors All Risk with Great American International Insurance (EU) DAC via Corin Underwriting Ltd15%
Contractors All Risks with Certain Underwriters at Lloyd’s via The Fiducia MGA Co Ltd15%
Contractors all risks (Great America)15%
Contractors all risks(Fiducia)15%
Cyber (Safe Online)12%
Cyber with Lloyd’s Insurance Co SA12%
Cyber, Lloyd’s Insurnace Co SA10%
Material Damage & BI15%
Material Damage & BI with Lloyd’s Insurance Co SA15%
Property Owners15%
Property Owners with LLoyds Insurance Co SA15%

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)

ProductCommission %
Professional Indemnity15%

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)

ProductCommission %
Classic Car Scheme5%
Multi Vehicle5%
Private Car10%
Private Motor Vehicle – NB and Rnl10%

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).

ProductCommission %
Miscellaneous10%

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).

ProductCommission %
Combined Liability9%
Employers Liability6%
Employers Liability (Package)15%
Employers Liability (Stand Alone)6%
Management Liability Package17.5%
Management Liability Package – NB25%
Motor Trade (Property & Liability covers)15%
Public Liability10%
Public Liability (Package)15%
Public Liability (Stand Alone)10%
Technology E&O and Cyber Liabilities20%

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).

ProductCommission %
APARTMENT BLOCK15%
Commercial Combined15%
Commercial Vehicle5%
Fleet Insurance5%
Golf Select20%
I.H.C.A. Motor Scheme5%
Motor Fleet5%
Motor Trade Road Risks5%
Motor Trade Road Risks – NB10%
Motor Traders5%
Motortrade10%
Multi Risk5%
Property Covers (Package or Stand Alone but excluding Motor Trade)15%
Property Owners15%
R.I.A.I. Motor Scheme5%

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).

ProductCommission %
CONSEQUENTIAL LOSS12.5%

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).

ProductCommission %
Liability12.5%

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).

ProductCommission %
Combined17.5%
Motor Fleet7.5%
Property15%

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)

ProductCommission %
Professional Indemnity10%

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)

ProductCommission ₮Commission %
Asgard Private Car₮55%
Motor Damage10%
Multi Vehicle5%
Private Car10%
Rent a Car10%

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).

ProductCommission %
Contractors Works10%

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).

ProductCommission ₮Commission %
Combined Liability9%
Combined Liability9%
Employers Liability6%
Public Liability10%
SIM Liability₮77%
SIMI MOTOR TRADE – LIABILITY7%
Tradesure Liability₮1515%

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).

ProductCommission ₮Commission %
Asgard Bus & Coach 1-4₮55%
Asgard Bus & Coach Fleet₮55%
Asgard Commercial Fleet₮55%
Commercial Combined13%
Commercial Combined10%
Commercial Vehicle8%
Commercial Vehicle10%
Golfsure Combined₮1515%
Golfsure Motor₮55%
Golfsure Personal₮55%
Guest House10%
I.D.A. Motor Scheme5%
Internal Risks10%
Motor Traders5%
Multi Risk5%
Office Combined₮1515%
Propsure₮17.517.5%
SIMI MOTOR TRADE – MOTOR5%
SIMI MOTOR TRADE – PROPERTY, BI, MONEY15%
SIMI Motor₮55%
SIMI Motor Trade | Property, BI & Money₮1515%
Traders Combined10%
Tradesure Commercial Motor₮1010%

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).

ProductCommission %
Employers Liability20%
Public Liability20%

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).

ProductCommission %
Commercial Combined20%

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)

ProductCommission %
Motor Damage5%
Private Car10%
Private Car / Light Commercial Vehicle5%
Van Plan5%

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).

ProductCommission %
Carriers Liability10%
Carriers Liability10%
Haulage Liability10%
Liability Scheme12%
PUBLIC LIABILITY12%
Trades Liability12%

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).

ProductCommission %
HOUSEHOLD17.5%
Holiday Home17.5%
House17.5%

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).

ProductCommission %
ADF&T10%
ADF&T10%
Commercial Vehicle5%
Haulage Fleet5%
Haulage Property10%
Haulage Single Vehicle10%
Haulage Single Vehicle5%
Inspection15%
MARINE INSURANCE5%
MOTOR FLEET5%
Mini Fleet10%
Multi Risk5%
Multi Vehicle10%
Own Goods10%
Rigid Vehicle10%
Special Types5%
Special Types5%
Survey Fee
TRANSIT INSURANCE5%
Traders Transit5%
Traders Transit5%
Trailer ADF&T10%
Truck Plan10%
Watford Fleet5%
Watford MultiPlan5%
Watford TruckPlan5%

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).

ProductCommission %
Nursing Homes25%

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)

ProductCommission %
Private Car10%

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).

ProductCommission %
Annual Travel Policy15%
Group Personal Accident Travel15%
Personal Accident Travel Pol.15%
Travel25%

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)

ProductCommission %
Professional Indemnity25%
Professional Indemnity15%
ZPI – Professional Indemnity15%

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)

ProductCommission %
Caravan15%
Motor Damage10%
Multi Vehicle5%
Private Car7.5%

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).

ProductCommission %
Group Personal Accident Policy15%
Personal Accident20%
Personal Accident Policy15%
Personal Accident Road & Rail15%

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).

ProductCommission %
Combined Liability10%
Employers Liability6%
Public Liability10%
Transit Liability18%

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).

ProductCommission %
Broker Household15%
Broker Household DA20%
Combined Caravan/Mobile Home15%
Holiday Home15%
Home Insurance22%
Household15%
Household15%
Household DA15%
Private Dwelling House Policy15%

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).

ProductCommission %
Accidental Damage12.5%
All Risks15%
Apartment Block Insurance10%
Apartment Block Policy15%
Building in the Course of Erection15%
Combined Property Policy12.5%
Combined Property Policy15%
Commercial Combined15%
Commercial Combined (U.K.) Pol15%
Commercial Liability Policy10%
Commercial Motor Vehicle6.5%
Commercial Vehicle7.5%
Commercial Vehicle5%
Computer15%
Computer All Risks” Policy”15%
Contractors All Risks” Policy”15%
Contractors Works12.5%
Contractors Works15%
Cyber Policy20%
Directors & Officers20%
ENP- Engineering15%
Engineering Insurance Inspection15%
Engineering Policy20%
Farm Fire Policy12.5%
Farm Policy12.5%
Fidelity Guarantee12.5%
Fidelity Policy15%
Fire Schedule12.5%
Fire/Perils12.5%
Fire/Perils15%
Fleet Insurance5%
Fleet Motor Vehicle5%
Goods in Transit18%
Guest House All In” Policy”15%
Hackney5%
I.D.A. Motor Scheme5%
I.H.C.A. Motor Scheme5%
Internal Risks10%
Legal Expenses15%
Legal Expenses25%
MRP – Marine15%
Marine20%
Marine Policy17.5%
Marine: Small Craft15%
Mini Fleet Vehicle5%
Miscellaneous Bonds Policy15%
Motor Traders5%
Motor Traders Combined5%
Motor Traders Internal Policy10%
Multi Risk5%
Nursing Home Combined15%
Office Combined15%
Office Policy15%
Private All Risks” Policy”15%
Property Owners15%
R.I.A.I. Motor Scheme5%
Residential Care Home Policy15%
Shop15%
Shopkeepers15%
Shops Policy15%
Small Craft/ Yacht Policy15%
Special Types5%
Tradestar Office15%
Tradestar Property Owners15%
Tradestar Shop15%
Tradestar-Property Owners15%
Trailer15%

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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Whole of Life90%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Term Protection170%12%12

Single Premium PRSA

ProductInitial %Recurring %
Single Premium PRSA5%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Specified100%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.

ProductInitial %Recurring Commission %RenewalClawback Period (Months)
Savings10%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.

ProductInitial %Recurring Commission %RenewalClawback Period (Months)
Regular Premium PRSA30%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.

ProductInitial %Recurring Commission %
PRB5%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.

ProductInitial %Recurring Commission %Clawback Period (Months)
Mortgage Protection170%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.

ProductInitial %Recurring Commission %
Investment5%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.

ProductInitial %Recurring Commission %RenewalClawback Period (Months)
Regular Premium pension20%0.5%3%48
Single premium pension5.5%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.

 

ProductInitial %Recurring Commission %
ARF5%0.5%