Commission Schedule

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Line of Business

Chieftain

Dominion of Canada

Facility Association 5

ING

Kingsway

Scottish & York

Pilot

Royal & SunAlliance

 

 

 

 

 

 

 

 

 

Personal Automobile 1

 

12.5%

12.5%

n/a

12.5%

5%

4 to 14%

9.5 to 17.5%

12.5%

High Risk and Special Purpose Vehicles

 

7.5 to 10%

7.5 to 11%

maximum $250 per car

7.5 to 10%

12.5 to 13.5%

n/a

7.5 to 15%

7.5 to 10%

Commercial Auto

n/a

10%

6 to 10% cap may apply

 

 

n/a

n/a

n/a

Property 2

20%

20%

n/a

20%

n/a

4% to 14%

15 to 24%

20%

Umbrella Liability 3

n/a

15%

n/a

15%

n/a

4% to 14%

n/a

15%

Liability

n/a

20%

n/a

20%

n/a

n/a

20%

15%

Professional  Liability

n/a

n/a

n/a

n/a

n/a

n/a

n/a

15 to 20%

Equipment Breakdown 4

n/a

20%

n/a

20%

n/a

n/a

n/a

20%

Marine

n/a

n/a

n/a

n/a

n/a

n/a

n/a

15 to 20%

Surety

n/a

25 to 30%

n/a

25 to 30%

n/a

n/a

n/a

20%

Group Programmes

n/a

20 to 25%

n/a

n/a

n/a

n/a

n/a

20 to 25%

 

 

 

 

 

 

 

 

 

Contingent Profit Agreement 6

yes

yes

no

yes

no

yes

yes

yes

General Notes

  • “n/a” either means we do not have a contract with the insurer to place that particular class of business or means the insurer does not offer that particular class of business.
  • Because of risk characteristics we occasionally place risks through wholesale brokers or other retail brokers. In these cases, the commission is usually 7.5 to 10%.

Specific Notes

  1. except high risk and special purpose vehicles
  2. includes homeowners, tenants, and condominium policies and all commercial package, property and liability policies
  3. includes personal excess liability and commercial umbrella and excess liability policies
  4. also called Boiler & Machinery
  5. Facility Association is the Ontario automobile insurer of last resort.
  6. Contingent Commissions, if any, are paid after the end of a year and they are based mainly on the profitability of our total portfolio of business, often averaged over two or more years. The amount payable also takes into account the amount of business transacted during the year.