Commission summaries
Here at NFP, we act as an intermediary 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 intermediaries, 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 intermediary which it has agreed with its product producers.
What is commission?
For the purpose of this document, remuneration is the payment earned by the intermediary for work undertaken on behalf of both the provider and the consumer. The amount of remuneration is generally directly related to the value of the products sold.
There are different types of remuneration/commission models:
Single commission model: where payment is made to the intermediary shortly after the sale is completed and is based on a percentage of the premium paid/amount invested/amount borrowed.
Trail/Renewal commission model: Further payments at intervals are paid throughout the life span of the product.
Indemnity commission
Indemnity commission is the term used to describe a commission payment made before the commission is deemed to be ‘earned’. Indemnity commission may be subject to a clawback
(see below) if the consumer lapses or cancels the product before the commission is deemed to be earned.
Other forms of indemnity commission are advances of commission for future sales granted to intermediaries 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.
Life Assurance/Investments/Pension products
For Life Assurance products commission is divided into initial commission and renewal commission (related to premium), fund based or trail (relating to accumulated fund).
Trail commission, bullet commission, fund based, flat commission or renewal commission are all terms used for ongoing payments. Where an investment fund is being built up through 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.Life Assurance products fall into either individual or group protection policies and Investment/Pension products would be either single or regular contribution policies. 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 European Communities (Markets in Financial Instruments) Regulations 2007 (the MiFID Regulations), offer both standard commission and commission models involving initial and trail 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 intermediaries 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 intermediaries (Mortgage Broker).
Clawback
If we receive commission from a product provider [and off-set the commission against the fee which we would otherwise have charged you] but the commission is subsequently clawed-back by the provider because of early encashment by you or because of the transferring of the assets or business to another provider or in any circumstances consequent on your actions or omissions, we will charge a fee to you that is equal to [100% of] the clawed-back commission. That fee will be owing in simple contract upon the claw-back of the commission.
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.
Preferred Provider Rate
Other Fees, Administrative Costs/ Non-Monetary Benefits
The firm may also be in receipt of other fees, administrative costs, or non-monetary benefits such as:
- Attendance at product provider educational seminars
- Assistance with Advertising/Branding
Commission Summaries
The list of the providers that our firm deals with can be accessed below based on the product type required
Mortgage commission summary
| Provider | Commission | Clawback Period |
| BOI | 1% | 3 Years |
| Finance Ireland | 1% | 3 Years |
| Haven | 1% | 3 Years |
| ICS | 1% | 3 Years |
| Permanent TSB | 1% | 3 Years |
Avant Money Broker Commission and Commission Clawbacks - effective 14 September 2020
| Segment | Avant Money Commission | Avant Money Commission Clawback |
| First TIme Buyer | 1% | Clawback is monthly pro-rata over 36 months* |
| Second/ Subsequent Buyer | 1% | Clawback is monthly pro-rata over 36 months* |
| Switcher | 1% | Clawback is monthly pro-rata over 36 months* |
| Equity Release | 1% | Clawback is monthly pro-rata over 36 months* |
* Avant Money clawback commission over 36 months on a pro-rata, month by month basis (36/36ths) i.e. if the loan redeems after 15 months, clawback will be 21/36 of commission.
Life, pensions and investments commission summary
Outlined below is a list of the providers that our firm deals with:
| Single Contribution Products | Initial Commission | Clawback Period | Trail Commission |
| Single Contribution: Pension | |||
| Aviva | 5% | 1% p.a | |
| Davy Select | 0.50% | ||
| Friends First | 5% | 0.75% p.a | |
| Irish Life | 5% | 0.75% p.a | |
| New Ireland | 5% | 5 Years | 1% p.a |
| Newcourt Retirement Fund Managers | 0.25% | 0.50% | |
| Standard Life | 5% | 1% p.a | |
| Wealth Options Limited | 0.50% | ||
| Zurich Life | 5.5% | 0.50% p.a |
| Single Contribution PRSA | |||
| Aviva | 4% | 0.50% p.a | |
| Davy Select | 0.50% | ||
| Friends First | 7.5% | 0.25% p.a | |
| Irish Life | 5% | 1% p.a | |
| New Ireland | 7% | 5 Years | 0.5% p.a |
| Newcourt Retirement Fund Managers | 0.25% | 0.50% | |
| Standard Life | 5% | 0.50% | |
| Wealth Options Limited | 0.30% | ||
| Zurich Life | 5.5% | 0% p.a |
| ARF /AMRF | |||
| Aviva | 5% | 1% p.a | |
| Davy Select | 0.50% | ||
| Friends First | 5% | 0.75% p.a | |
| Irish Life | 5% | 0.75% p.a | |
| New Ireland | 5% | n.a | 1% p.a |
| Newcourt Retirement Fund Managers | 0.25% | 0.50% | |
| Standard Life | 4% | 1% p.a | |
| Wealth Options Limited | 0.50% | ||
| Zurich Life | 3% | 0.50% p.a |
| Annuity | |||
| Aviva | 3% | n.a | |
| Friends First | 3% | n.a | |
| Irish Life | 3% | n.a | |
| New Ireland | 3% | n.a | n.a |
| Zurich Life | 3% | n.a |
| Investment Bond | |||
| Aviva | 5% | 1% p.a | |
| BCP | 2.1% | ||
| BlackBee Investments | 3% | ||
| Broker Solutions | 2.5% | ||
| Cantor Fitzgerald Ireland Ltd. | 2.25% | ||
| Davy Select | 0.50% | ||
| Friends First | 4% | 0.75% p.a | |
| Investec Europe Limited | 2.25% | ||
| Irish Life | 3% | 0.50% p.a | |
| New Ireland | 4% | 3 Years | 1% p.a |
| Standard Life | 4% | 1% p.a | |
| Zurich Life | 5% | 0.50% p.a |
| Regular Contribution Products | Initial Commission | Clawback Period | Renewal / Flat Commission | Trial Commission |
| Regular Contribution Pension | ||||
| Aviva | 15% | 1% p.a | ||
| Davy Select | 0.50% | |||
| Friends First | 25% | 0.75% p.a | ||
| Irish Life | 17.5% | 5% | 0.50% p.a | |
| New Ireland | 25% | 5 Years | 8% | 1% p.a |
| Standard Life | 25% | 5% | 1% p.a | |
| Zurich Life | 20% | 4 Years | 3% | 050% p.a |
| Regular Contribution PRSA | ||||
| Aviva | 15% | 1% p.a | ||
| Davy Select | 0.50% | |||
| Friends First | 17.5% | 0.25% p.a | ||
| Irish Life | 17.5% | 5% | 0.50% p.a | |
| New Ireland | 25% | 5 Years | 6% | 0.50% p.a |
| Standard Life | 5% | 5% | 0.50% p.a | |
| Zurich Life | 5% | 4 Years | 5% | 0% p.a |
| Savings | ||||
| Aviva | 15% | 1% p.a | ||
| Davy Select | 0.50% | |||
| Friends First | 10% | 0.75% p.a | ||
| Irish Life | 5.5% | 5.5% | 0.50% p.a | |
| New Ireland | 10% | 5 Years | 2.5% | 0.50% p.a |
| Standard Life | 15% | 5 Years | n.a | 1% p.a |
| Zurich Life | 10% | 4 Years | 1% | 0.50% p.a |
| Individual Protection | Yr1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9+ | Clawback Period |
| Aviva | 200% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 2 Years |
| Irish Life | 120% | 28% | 30% | 28% | 28% | 30% | 28% | 28% | 28% | |
| New Ireland | 225% | 50% | 20% | 20% | 20% | 12.5% | 12.5% | 12.5% | 12.5% | 5 Years |
| Royal London | 225% | 0% | 0% | 0% | 0% | 3% | 3% | 3% | 3% | 5 Years |
| Zurich Life | 100% | 12% | 12% | 12% | 12% | 12% | 12% | 12% | 12% | 1 Year |
| Group Protection | Death in Service | Clawback Period | Permanent Health Insurance | Clawback Period |
| Aviva | 6% | 12.5% | ||
| Irish Life | 6% p.a | 12.5% p.a | ||
| New Ireland | 15% | 1 Year | 20% | 1 Year |
| Zurich Life | 6% | n.a | 12.5% | n.a |
We, NFP Commercial Insurance Solutions (Ireland) Limited act as an intermediary between you, the consumer, and the product provider with whom we place your business.
The list of providers we have commission sharing arrangements with is below:
NFP – UPI Facility
| Product | Commission % |
|
Commercial lines |
|
|
Business Interruption |
25.00% |
|
Property |
25.00% |
AIG
|
Product |
Commission % |
|
Personal lines |
|
|
Household |
15.00% |
|
Motor |
5.00% |
|
Travel |
20.00% |
|
Marine |
|
|
Hull & Machinery |
15.00% |
|
Cargo |
15.00% |
|
Liability |
15.00% |
|
Commercial lines |
|
|
Business Interruption |
15.00% |
|
Motor |
5.00% |
|
Property |
15.00% |
|
Liability |
10.00% |
|
Liability |
|
|
Directors & Officers |
15.00% |
|
Employers |
6.00% |
|
Products |
10.00% |
|
Professional Indemnity |
15.00% |
|
Public |
10.00% |
|
Cyber |
15.00% |
|
Contractors All Risks |
15.00% |
|
Miscellaneous |
|
|
Motor Fleet |
5.00% |
Allianz
|
Product |
Commission % |
|
Personal lines |
|
|
Household |
15.00% |
|
Motor |
5.00% |
|
Travel |
15.00% |
|
Marine |
|
|
Hull & Machinery |
15.00% |
|
Cargo |
18.775% |
|
Liability |
18.775% |
|
Commercial lines |
|
|
Business Interruption |
15.00% |
|
Motor |
5.00% |
|
Property |
15.00% |
|
Liability |
15.00% |
|
Liability |
|
|
Directors & Officers |
20.00% |
|
Employers |
15.00% |
|
Products |
15.00% |
|
Professional Indemnity |
20.00% |
|
Public |
15.00% |
|
Miscellaneous |
|
|
Motor Fleet |
5.00% |
|
Engineering |
15.00% |
Allied World
|
Product |
Commission % |
|
Commercial lines |
|
|
Liability |
15.00% |
|
Liability |
|
|
Employers |
15.00% |
|
Products |
15.00% |
|
Public |
15.00% |
Angel Risk Management
|
Product |
Commission % |
|
Marine |
|
|
Directors & Officers |
25.00% |
|
Professional Indemnity |
25.00% |
Aquabroker
|
Product |
Commission % |
|
Marine |
|
|
Hull & Machinery |
7.50% |
|
Liability |
6.25% |
ARAG Legal Expenses
|
Product |
Commission % |
|
Liability |
|
|
Legal Expenses |
15.00% |
Atradius
|
Product |
Commission % |
|
Liability |
|
|
Credit Insurance |
10.00% |
Aviva/Hibernian
|
Product |
Commission % |
|
Personal lines |
|
|
Household |
15.00% |
|
Motor |
5.00% |
|
Travel |
15.00% |
|
Marine |
|
|
Hull & Machinery |
15.00% |
|
Cargo |
15.00% |
|
Liability |
15.00% |
|
Commercial lines |
|
|
Business Interruption |
15.00% |
|
Property |
15.00% |
|
Liability |
15.00% |
|
Liability |
|
|
Employers |
15.00% |
|
Products |
15.00% |
|
Public |
15.00% |
|
Cyber |
15.00% |
|
Contractors All Risks |
15.00% |
|
Miscellaneous |
|
|
Goods in Transit |
15.00% |
|
Motor Fleet |
5.00% |
|
Engineering |
15.00% |
AXA
|
Product |
Commission % |
|
Personal lines |
|
|
Household |
15.00% |
|
Motor |
5.00% |
|
Travel |
15.00% |
|
Commercial lines |
|
|
Property |
15.00% |
|
Liability |
15.00% |
|
Liability |
|
|
Employers |
15.00% |
|
Products |
15.00% |
|
Public |
15.00% |
AXA / XL
|
Product |
Commission % |
|
Liability |
|
|
Directors & Officers |
15.00% |
|
Professional Indemnity |
15.00% |
|
Cyber |
15.00% |
Beazley Group
|
Product |
Commission % |
|
Commercial lines |
|
|
Business Interruption |
15.00% |
|
Property |
15.00% |
|
Liability |
15.00% |
|
Liability |
|
|
Employers |
15.00% |
|
Products |
15.00% |
|
Public |
15.00% |
|
Miscellaneous |
|
|
Engineering |
15.00% |
Berkshire Hathaway
|
Product |
Commission % |
|
Commercial lines |
|
|
Property |
15.00% |
|
Liability |
15.00% |
Blackrock Insurance Services
|
Product |
Commission % |
|
Commercial lines |
|
|
Liability |
10.00% |
|
Liability |
|
|
Employers |
10.00% |
|
Products |
10.00% |
|
Public |
10.00% |
|
Cyber |
15.00% |
Benchmark Underwriting
|
Product |
Commission % |
|
Personal lines |
|
|
Household |
15.00% |
|
Commercial lines |
|
|
Business Interruption |
15.00% |
|
Property |
15.00% |
|
Liability |
15.00% |
|
Liability |
|
|
Employers |
15.00% |
|
Products |
15.00% |
|
Public |
15.00% |
CFU Underwriting
|
Product |
Commission % |
|
Commercial lines |
|
|
Business Interruption |
15.00% |
|
Property |
15.00% |
|
Liability |
15.00% |
|
Liability |
|
|
Employers |
15.00% |
|
Products |
15.00% |
|
Public |
15.00% |
Chubb Europe
|
Product |
Commission % |
|
Personal |
|
|
Household |
20.00% |
|
Motor |
10.00% |
|
Travel |
20.00% |
|
Commercial lines |
|
|
Business Interruption |
15.00% |
|
Property |
15.00% |
|
Liability |
15.00% |
|
Liability |
|
|
Directors & Officers |
15.00% |
|
Employers |
15.00% |
|
Products |
15.00% |
|
Professional Indemnity |
15.00% |
|
Public |
15.00% |
|
Contractors All Risks |
15.00% |
|
Miscellaneous |
|
|
Personal Accident |
15.00% |
CityNet Resources Ltd.
|
Product |
Commission % |
|
Commercial lines |
|
|
Business Interruption |
12.00% |
|
Property |
12.00% |
|
Liability |
12.00% |
|
Liability |
|
|
Directors & Officers |
10.00% |
|
Employers |
10.00% |
|
Products |
10.00% |
|
Professional Indemnity |
10.00% |
|
Public |
10.00% |
Ecclesiastical
|
Product |
Commission % |
|
Commercial lines |
|
|
Business Interruption |
15.00% |
|
Property |
15.00% |
|
Liability |
15.00% |
|
Liability |
|
|
Employers |
15.00% |
|
Products |
15.00% |
|
Public |
15.00% |
ES Risks
|
Product |
Commission % |
|
Commercial lines |
|
|
Business Interruption |
15.00% |
|
Property |
15.00% |
|
Liability |
|
|
Employers |
15.00% |
|
Products |
15.00% |
|
Public |
15.00% |
HDI Gerling
|
Product |
Commission % |
|
Commercial lines |
|
|
Business Interruption |
15.00% |
|
Liability |
|
|
Employers |
10.00% |
|
Products |
10.00% |
|
Public |
10.00% |
Hiscox
|
Product |
Commission % |
|
Personal lines |
|
|
Household |
22.50% |
|
Commercial lines |
|
|
Business Interruption |
22.50% |
|
Property |
22.50% |
|
Liability |
22.50% |
|
Liability |
|
|
Directors & Officers |
22.50% |
|
Employers |
22.50% |
|
Products |
22.50% |
|
Professional Indemnity |
22.50% |
|
Public |
22.50% |
|
Miscellaneous |
|
|
Personal Accident |
22.50% |
Howden Retail
|
Product |
Commission % |
|
Commercial lines |
|
|
Business Interruption |
15.00% |
|
Property |
15.00% |
|
Liability |
15.00% |
|
Liability |
|
|
Employers |
15.00% |
|
Products |
15.00% |
|
Public |
15.00% |
HSB Engineering
|
Product |
Commission % |
|
Liability |
|
|
Contractors All Risks |
15.00% |
|
Engineering |
15.00% |
Liberty Insurance Limited
|
Product |
Commission % |
|
Commercial lines |
|
|
Business Interruption |
15.00% |
|
Motor |
10.00% |
|
Property |
15.00% |
|
Liability |
15.00% |
|
Liability |
|
|
Employers |
15.00% |
|
Products |
15.00% |
|
Professional Indemnity |
15.00% |
|
Public |
15.00% |
|
Contractors All Risks |
15.00% |
|
Miscellaneous |
|
|
Motor Fleet |
10.00% |
Liberty Mutual - Dublin
Commercial lines
|
Liability |
15.00% |
|
Employers Commercial lines
|
|
|
Property |
15.00% |
|
Motor Fleet |
10.00% |
ODON
|
Product |
Commission % |
|
Personal lines |
|
|
Travel |
10.00% |
|
Commercial lines |
|
|
Business Interruption |
15.00% |
|
Property |
15.00% |
|
Liability |
15.00% |
|
Liability |
|
|
Employers |
15.00% |
|
Products |
15.00% |
|
Public |
15.00% |
|
Legal Expenses |
15.00% |
Ornella Underwriting Limited
|
Product |
Commission % |
|
Bloodstock |
10.00% |
|
Commercial Vehicle |
5.00% |
|
Equicover |
10.00% |
|
Fleet |
10.00% |
|
Private Car Evolve |
5.00% |
|
Private Car FlexiCar |
5.00% |
|
Connect Car |
5.00% |
|
Special Types |
5.00% |
OPTIS
|
Product |
Commission % |
|
Commercial lines |
|
|
Property |
15.00% |
|
Liability |
15.00% |
|
Liability |
|
|
Employers |
15.00% |
|
Products |
15.00% |
|
Public |
15.00% |
RKH
|
Product |
Commission % |
|
Commercial lines |
|
|
Liability |
15.00% |
|
Employers |
15.00% |
|
Products |
15.00% |
|
Public |
15.00% |
RSA & Europa Galway
|
Product |
Commission % |
|
Personal lines |
|
|
Household |
15.00% |
|
Motor |
5.00% |
|
Travel |
15.00% |
|
Commercial lines |
|
|
Business Interruption |
15.00% |
|
Motor |
5.00% |
|
Property |
15.00% |
|
Liability |
15.00% |
|
Liability |
|
|
Employers |
15.00% |
|
Products |
15.00% |
|
Public |
15.00% |
|
Contractors All Risks |
15.00% |
|
Miscellaneous |
|
|
Motor Fleet |
10.00% |
|
Engineering |
15.00% |
Spa Underwriting
|
Product |
Commission % |
|
Liability |
|
|
Directors & Officers |
15.00% |
|
Professional Indemnity |
15.00% |
Taskers
|
Product |
Commission % |
|
Commercial lines |
|
|
Business Interruption |
15.00% |
|
Property |
15.00% |
|
Liability |
15.00% |
|
Liability |
|
|
Employers |
15.00% |
|
Products |
15.00% |
|
Public |
15.00% |
Thomond Underwriting
|
Product |
Commission % |
|
Commercial lines |
|
|
Property |
15.00% |
|
Liability |
15.00% |
|
Liability |
|
|
Employers |
15.00% |
|
Products |
15.00% |
|
Public |
15.00% |
|
Miscellaneous |
|
|
Cyber |
12.00% |
|
Contractors All Risks |
12.50% |
|
Personal Accident |
10.00% |
Travelers Ins Co Ltd
|
Product |
Commission % |
|
Commercial lines |
|
|
Property |
15.00% |
|
Liability |
15.00% |
|
Liability |
|
|
Employers |
15.00% |
|
Products |
15.00% |
|
Public |
15.00% |
|
Contractors All Risks |
15.00% |
Willis/Asgard Motor Fleet
|
Product |
Commission % |
|
Commercial lines |
|
|
Property |
15.00% |
|
Liability |
15.00% |
|
Liability |
|
|
Employers |
15.00% |
|
Products |
15.00% |
|
Public |
15.00% |
|
Miscellaneous |
|
|
Motor Fleet |
10.00% |
Zurich
|
Product |
Commission % |
|
Personal lines |
|
|
Household |
15.00% |
|
Motor |
5.00% |
|
Travel |
15.00% |
|
Marine |
|
|
Hull & Machinery |
15.00% |
|
Cargo |
15.00% |
|
Liability |
15.00% |
|
Commercial lines |
|
|
Motor |
5.00% |
|
Property |
15.00% |
|
Liability |
15.00% |
|
Liability |
|
|
Directors & Officers |
20.00% |
|
Employers |
15.00% |
|
Products |
15.00% |
|
Professional Indemnity |
20.00% |
|
Public |
15.00% |
|
Cyber |
15.00% |
|
Legal Expenses |
15.00% |
|
Miscellaneous |
|
|
Goods in Transit |
15.00% |
|
Motor Fleet |
5.00% |
We, Margin Investments Limited t/a NFP act as an intermediary between you, the consumer, and the product provider with whom we place your business.
The list of providers we have commission sharing arrangements with is below:
AIG Europe S.A
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
|
Product |
Commission % |
|
PI |
20% |
|
PI Rapidcover |
25% |
|
Excess Rapid Cover |
22.50% |
|
Shop Rapid Cover |
15% |
|
Office Rapid Cover |
22.50% |
|
Property Owners Rapid Cover |
20% |
|
Public Liability |
22.50% |
|
Cyber Rapid Cover |
20% |
|
PA/Travel |
15% |
|
Marine Rapid Cover |
20% |
|
Commercial Combined Rapid Cover |
17.50% |
|
D&O, Crime, PTL, EPL, Entity |
17.50% |
|
Motor |
10% |
|
Excess |
17.50% |
|
Terrorism |
20% |
|
Environmental Liability |
18% |
|
D&O, Crime, PTL, EPL, Entity Rapidcover (Bus Guard) |
20% |
|
Employers Liability |
6% |
AXA Insurance dac.
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Household |
15% |
|
Employers Liability |
7.50% |
|
Employers Liability (Agriculture Product) |
10% |
|
Public/Product Liability |
17.50% |
|
Other Classes (Enterprise , Portfolio , Agriculture Products) |
20% |
|
Enterprise Commercial Combined product |
17.50% |
|
Private Car |
5% |
|
Commercial Vehicle |
5% |
|
Shop, Office, Surgery (online |
17.50% |
|
Fleet |
5% |
|
Tradesman and Professionals (online) |
15% |
|
Property Owners Portfolio Product |
17.50% |
Alianz Plc.
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
SME |
15% |
|
SMP (Property Owners) |
15% |
|
Engineering |
15% |
|
Motor Fleet |
5% |
Allied World Plc.
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
|
Product |
Commission % |
|
Combined Liability |
10% |
ARAG
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
|
Product |
Commission % |
|
Commercial Combined |
15% |
|
EPL Standalone |
15% |
ARB Underwriting Ltd.
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
|
Product |
Commission % |
|
Professional Indemnity |
17.5% (risks placed with CFC 10-12.5% based on risk involved) |
|
Commercial Apartment Blocks |
12.50% |
|
Motor and Motor Trade Road Risk |
5% |
|
Motor Trade Internal Risk |
10% |
|
Travel |
20% |
|
Cyber |
12.50% |
|
Medical |
10% |
|
Commercial Property |
15% |
Aviva Insurance Ltd.
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
|
Product |
Commission % |
|
Agriculture Business |
15% |
|
Contract Works |
15% |
|
Engineering Inspection |
15% |
|
Home |
12.50% |
|
Marine |
18.70% |
|
Motor Fleet |
10% |
|
Packages |
20% |
|
Commercial Motor |
10% |
|
Commercial Motor D Product |
20% |
|
Trademark+ |
20% |
Blackrock Insurance Solutions Ltd.
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Liability |
Varies based on risk 5-10% |
Capital Cover Group Ltd.
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Apartment Owner |
15% |
|
Bespoke apt Owner |
15% |
|
Bespoke Apt Renter |
15% |
|
Holiday Home |
15% |
|
Owner Occupied |
15% |
|
Residential Let |
15% |
|
Holiday Home Basics |
10% |
|
Holiday Home |
10% |
|
Homeworker |
15% |
|
Mobile Home |
10% |
|
Mid Net Worth |
15% |
|
Owner Occupied |
15% |
|
Residential Let |
15% |
|
Touring Caravan |
10% |
|
Unoccupied PDH |
10% |
|
Light Commercial Vehicle |
6% |
Catalpha Underwriting Ltd
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Motor Fleet |
10% |
|
Combined Liability |
10% |
Chubb Insurance Co. of Europe S.E.
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Commercial Package |
15% |
|
Combined Liability |
10% |
|
Monoline Public Liability |
10% |
|
Environmental Impairment Liability |
15% |
|
Excess Liability |
15% |
|
Professional Indemnity |
15% |
|
Crime |
15% |
|
Cyber |
15% |
|
D&O |
15% |
|
Marine |
15% |
|
Contractors All Risk |
15% |
|
Masterpiece Motor |
15% |
|
Masterpiece Household |
7.50% |
|
Personal Accident/Travel |
20% |
|
Surety |
10% |
|
Entertainment |
15% |
Citynet Insurance Brokers Ltd.
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
OBE Liability |
10% |
|
OBE Property |
12.50% |
|
JRP Liability |
10% |
|
JRP Property |
12.50% |
|
Syndicate 2525 |
10% |
|
CNA Hardy |
10% |
|
Sompo |
11% |
|
AXA/XL |
10% |
|
Axis |
10% |
|
Aspen |
10% |
|
Manchester Underwriting |
7.50% |
Consilium Insurance Brokers Ltd.
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Property – Helvetia |
5-10% |
|
Combined Liability – Corin |
10% |
Corporate Underwriting Ltd.
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Marine Cargo |
7.50% |
|
Carrier Liability |
18.77% |
Credendo - Guarantees & Specialist Risks
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Bonds |
0-10% |
Dual Insurance
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
PI |
20% |
Ecclesiastical
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Amethyst |
10% |
|
Premier |
10% |
|
Homeworks |
12.50% |
|
Property Works |
12.50% |
|
Unoccupied |
10% |
|
Land Liability |
10% |
|
Property Owners |
15% |
|
PI |
20% |
FBD Insurance Plc.
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Property |
15% |
|
Commercial Combined |
15% |
|
Employers Liability Only |
6% |
|
Public Liability Only |
10% |
|
Public Liability & Employers Liability |
10% |
|
Fleet Motor |
10% |
|
Private Motor |
5% |
|
Commercial Motor |
5% |
|
Home |
15% |
|
Computer |
15% |
|
Marine |
15% |
|
All Others |
15% |
Frost Insurances Ltd.
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Property Owners |
15% |
|
Commercial Combined |
15% |
Hiscox SA.
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Professional and Speciality Commercial |
20% |
HSB Engineering
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Casualty |
15% |
|
Computer & Electronics |
15% |
|
Construction |
15% |
|
Energy |
15% |
|
Engineering |
15% |
|
Equipment Breakdown |
15% |
KennCo Underwriting Ltd.
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Household |
15% |
|
Motor |
15% |
|
Commercial |
15% |
|
Motor Trade |
5% |
|
Garage Combined |
15% |
|
Professional Indemnity |
15% |
|
Cyber |
12.50% |
|
Medical Malpractice |
10% |
|
Travel |
20% |
Liberty Insurance
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Household |
20% |
|
Private Motor |
10% |
|
Commercial Motor |
10% |
|
Fleet |
10% |
|
Liberty Mutal – PI |
20% |
LIME Underwriting
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Motor Fleet |
7.50% |
|
Motor Trade |
10% |
|
Liability |
10% |
|
Property Owners |
10%-12.50% |
|
Personal Accident |
10%-15% |
Newline Group
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
PI (Access through KennCo U/W) |
15% |
Munich RE.
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Facultative – Domestic Transit |
20% |
|
Facultative – Marine Cargo |
25% |
|
Facultative – Marine Goods in Transit |
25% |
|
Domestic Transit |
20% |
|
Marine Cargo |
20% |
|
Marine Goods in Transit |
20% |
|
Stock Throughput |
20% |
|
Worldwide Machinery Installation |
20% |
|
Computer |
20% |
|
Contractors All Risk Annual |
25% |
|
Contractors All Risks Specific |
20% |
|
Erection All Risk Annual |
20% |
|
Erection Al Risks Specific |
20% |
|
Machinery Movement |
20% |
|
Deterioration of Stock |
20% |
|
Forwarding, Forwarding & Haulage |
20% |
|
Forwarding, Haulage & Warehouse |
20% |
|
Haulage & Warehousing |
20% |
|
Hauliers Liability |
20% |
|
Terrorism |
17.50% |
Optis Insurance
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Combined Liability |
15% (QBE 2% – XLC-2.5%) |
|
Property Owners/ Real Estate |
17.50% |
|
Pub |
15% |
|
Commercial Combined |
15% (City Net- 2%) |
|
Shop |
15% |
|
Retail |
2% |
|
Restaurant |
2% |
|
PI |
20% |
|
Self-Build |
15% (City Net- 2%) |
|
Couriers / Couriers Liability |
15% |
|
Office |
15% |
|
B&B & Guesthouse |
15% |
|
Contractors All Risk |
15% |
|
Personal Accident |
15% |
|
Legal Expenses |
15% |
|
Motor Fleet |
0% -10% |
|
Open Market |
0% |
Ornella Underwriting Limited
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Hospitality Package - Commercial Combined |
10-15% |
|
Accidental Damage, Fire and Theft |
10% |
|
Bloodstock |
10% |
|
Fleet |
10% |
|
Private Car |
5% |
Premium Credit Limited
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Finance |
1% |
Prestige Underwriting Services Limited
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Commercial Vehicle |
8% |
|
Prestige Ireland Motor Trade |
7.5% |
|
Prestige Ireland Non Standard Private Car |
8% |
|
Prestige Non Standard Private Car EDI |
6% |
|
Amtrust Property ROI |
14% |
Recyclesure
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Property Owners |
5%-10% |
RSA
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Contractors All Risks |
15% |
|
Carriers Liability |
20% |
|
Cargo |
18.80% |
|
Employers Liability |
6% |
|
Engineering |
6% |
|
Apartments/Block of Flats |
15% |
|
Household Non Full Cycle |
15% |
|
Household Non Full Cycle |
15% |
|
Marine |
15% |
|
Office |
17.50% |
|
Personal Accident/Travel |
20% |
|
Combined |
15% |
|
PI |
17.50% |
|
Public Liability |
10% |
|
Property |
12.50% |
|
Shop |
15% |
|
Traders |
20% |
|
Commercial Vehicle |
5% |
|
Own Goods |
10% |
|
Haulage |
5% |
Surety Bonds
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Bonds |
0-7.5% |
SUS
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Shopsafe |
15% |
|
Gourmetsafe |
15% |
|
Chipsafe |
15% |
|
Miscellaneous Safe |
15% |
|
Property Owners |
15% |
|
Personal Accident |
10% |
|
Personal Accident/Travel |
10% |
|
Travel – Individual |
10% |
|
Travel – Business |
10% |
|
Combined Liability |
12.50% |
|
All Others |
On Request |
Thomond Underwriting
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Liability |
15% |
|
Material Damage & BI |
15% |
|
Property Owners |
15% |
|
Personal Accident |
10% |
|
Personal Accident & Illness |
10% |
|
Contractors All Risks |
12.50% |
|
Contractors All Risk |
15% (Great American International Insurance DAC) |
|
Travel – Individual |
10% |
|
Travel – Business |
10% |
|
Cyber |
12% |
|
Bonds |
Varies on Case |
Travellers
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Motor Fleet |
Package: 5% Standalone: 5% |
|
Property Covers |
Package: 5% Standalone: 15% |
|
Motor Trade Road Risks |
Package: 5% Standalone: 5% |
|
Employers Liability |
Package 15% Standalone: 15% |
|
Public Liability |
Package: 15% Standalone: 15% |
|
Technology E&O |
20% |
|
Cyber Liabilities |
Package: 20% Standalone: 20% |
|
Management Liability |
Package: 17.50% Standalone: 17.5% |
The Underwriting Exchange
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Liability |
10% |
|
OBE Real Estate |
15% |
|
OBE Commercial |
10% |
|
Probitas |
10% |
|
EPU |
15% |
|
JRP |
12.50% |
|
Axis |
15% |
|
Aspen Real Estate |
15% |
|
Aspen Commercial |
10% |
Willis - Aviva Scheme
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Asgard Private Car |
10% |
|
Asgard Commercial Fleet |
10% |
|
Asgard Bus & Coach Fleet & Single |
10% |
|
Propsure |
17.50% |
|
Property , BI & Money |
15% |
|
Liability |
7% |
|
Motor |
5% |
Zurich Insurance Plc
Typically for these products only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
|
Product |
Commission % |
|
Commercial Motor Vehicle |
5% |
|
Private “All Risks” Policy |
15% |
|
Annual Travel Policy |
15% |
|
Building in the Course of Erection |
15% |
|
Contractors “All Risks” Policy |
15% |
|
Commercial Combined Policy |
15% |
|
Commercial Liability Policy |
6% – E.L |
|
Commercial Liability Policy |
10% – P.L |
|
Commercial Liability Policy |
10% – Products |
|
Computer “All Risks” Policy |
15% |
|
Commercial Motor Vehicle |
5% |
|
Combined Property Policy |
12.50% – Fire & Additional Perils, Material Damage All Risks, B.I , All Risks |
|
Combined Property Policy |
– 15% – Business, All Risks, Book Debts, Burglary, Glass , Money , Marine Cargo- Imp/Exp & Git |
|
Private Motor Vehicle |
5% |
|
Commercial Combined (U.K.) Pol |
15% |
|
Engineering Policy |
15% |
|
Farm Fire Policy |
12.50% |
|
Fidelity Policy |
15% |
|
Fleet Motor Vehicle |
5% |
|
Group Personal Accident Travel |
15% |
|
Household |
15% |
|
Household DA |
20% |
|
Legal Expenses |
25% |
|
Combined Caravan/Mobile Home |
15% |
|
Marine Policy |
17.50% |
|
Motor Traders Internal Policy |
10% |
|
Personal Accident Policy |
15% |
|
Group Personal Accident Policy |
15% |
|
Private Dwelling House Policy |
15% |
|
Private Motor Vehicle |
5% |
|
Personal Accident Travel Pol |
15% |
|
Personal Accident Road & Rail |
15% |
|
Apartment Block Policy |
15% |
|
Motor Traders Combined – 5% – (MIA and MIB 10%) |
5% – (MIA and MIB 10%) |
|
Guest House “All In” Policy |
15% |
|
Office Policy |
15% |
|
Tradestar-Property Owners |
15% |
|
Residential Care Home Policy |
15% |
|
Shops Policy |
15% |
|
Small Craft/ Yacht Policy |
15% |
|
Farm Policy Broker Household |
12.50% |
|
15% |
|
|
Broker Household DA |
20% |
|
Mini Fleet Vehicle |
5% |
|
Tradestar Office |
15% |
|
Professional Indemnity |
15% |
|
Tradestar Property Owners |
15% |
|
Tradestar Shop |
15% |