Commissions
We, OBF Insurance Group Ltd. act as intermediary (Broker) between you, the consumer, and the product provider with whom we place your business.
The background
Provision 4.58A of the Central Bank of Ireland's September 2019 Addendum to the Consumer Protection Code states that 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, commission is the payment earned by the intermediary 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 payments from product producers. When assessing products, we will consider the different approach taken by product providers in terms of them integrating sustainability risks into their product offering. This will form part of our analysis for choosing a product provider.
Our Brokerage commission options are displayed as a range, showing the maximum amount which can be received. The level of commission depends on individual circumstances, based on the following factors:
The factors that may impact a variation in charges include;
- Client segmentation
- Adviser discretion
- Competitive pressures
- Investment/pensions/saving size
- Schemes size
- Term/timeline of a policy or service
- Complexity of advice
- Preferential terms in the market, available to a Brokerage & client at the time
There are different types of 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/premium amount financed. |
| Trail/Renewal commission model: | Where 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, commercial 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 intermediary 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 renewal commission (related to premium) or fund-based commission/trail commission relating to the value of the accumulated fund.
Trail commission, bullet commission, fund-based or renewal commission are all terms used for ongoing payments. Where an investment fund is being built up though an insurance-based investment product or a pension product, the payments may be based on a percentage of the value of the fund or the annual premium. For a single premium/lump sum product, the payment 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 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 insurance premium financing and 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). OBF Insurance Group Ltd. is not a mortgage broker.
Clawback
Clawback is an obligation on the intermediary 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 intermediary must return commission to the product producer.
Fees
The firm may also be remunerated by fee by the product producer such as policy fee, administration fee, or in the case of investment firms, advisory fees. Please see the section of our website called Fees and Charges for details.
Please Note
The enclosed commission guidance section gives indicative values across every product provider and every product advised upon where a commission or fee is received by us. This is the maximum our brokerage will receive and is subject to change. We do not receive the maximum commission in every case. In a small number of one-off cases, our brokerage may receive 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.
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.
Arachas Corporate Brokers Ltd - AIC
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 9.6% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Traders | 10% |
| Commercial Combined | 4.84% |
| Legal Expenses | 10% |
AIG Europe S.A
Travel Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| PA/Travel | 20% |
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| PI | 17.5% |
| PI Rapidcover | 20% |
| Professional Indemnity | 10% |
| Professional Indemnity | 20% |
| Professional Indemnity | 12% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Classic Car Scheme | 5% |
| Morris Minor | 20% |
| Motor Cycle | 17.5% |
Personal Accident Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Personal Accident | 20% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| D&O, Crime, PTL, EPL, Entity Rapidcover (Bus Guard) | 20% |
| Directors and Officers | 17.5% |
| Excess Liability | 20% |
| Products Liability | 20% |
| Property Owners Liability | 9.5% |
| Public Liability | 20% |
| Transit Liability | 20% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Fire Schedule | 20% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Annual | 25% |
| Apartments | 20% |
| Com Comb Rapidcover | 20% |
| Commercial Package | 20% |
| Crime | 17.5% |
| Crisis Management | 25% |
| Cyber | 20% |
| Excess | 15% |
| Excess Rapidcover | 25% |
| Glass | 20% |
| Instructor Vehicle | 20% |
| Livestock | 15% |
| Marine | 20% |
| Multi Risk | 15% |
| Office | 20% |
| Office Combined | 20% |
| Office Rapidcover | 20% |
| Prop Own Rapidcover | 20% |
| Property Damage | 20% |
| Property Owners | 20% |
| Shop Combined | 20% |
| Shops Rapidcover | 20% |
| Terrorism | 17.5% |
Campion Insurances Ltd
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Traders | 10% |
| Commercial Combined | 10% |
Allianz Plc.
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission € | Commission % |
|---|---|---|
| PFP Professional Indemnity | €19 | 19% |
| Professional Indemnity | - | 20% |
| SPI Professional Indemnity | - | 15% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Motor Contingency | 18.78% |
| OGR Motor - Own Goods | 15% |
| Private motor | 5% |
Personal Accident Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Personal Accident | 15% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Sports Policy Combined | 10% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| CGL Cargo Liability | 19% |
| Cargo Liability | 18.775% |
| Employers Liability | 20% |
| Hull Damage/ Liability | 15% |
| LIA Combined Liability | 10% |
| LIA Combined Liability - EL | 15% |
| Products Liability | 10% |
| Public Liability | 10% |
| RPL Public Liability | 10% |
| RPL Public Liability MML | 5% |
| SPL Social Public Liability | 15% |
| Transit Liability | 20% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Accidental Damage | 7.5% |
| Fire Only | 15% |
| Fire Schedule | 10% |
| Fire/Perils | 15% |
| Glass | 15% |
| HHR Combined House Insurance | 20% |
| HPR Personal lines household | 15% |
| HYR Holiday Home ROI | 5% |
| IHR Broker Household | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| All Risks | 15% |
| Apartment Block | 18.75% |
| Apartment Blocks | 17.5% |
| Auctioneers Bond | 15% |
| Aviation | 10% |
| Bond | 10% |
| Bond | 15% |
| Broker Household | 15% |
| Business Interruption | 15% |
| Business Interuption | 15% |
| CBR Combined Property | 15% |
| CGD Cargo Goods | 19% |
| Caravan | 15% |
| Cargo Goods | 18.775% |
| Combined Risks | 15% |
| Combined Traders | 15% |
| Commercial Combined | 15% |
| Commercial Fire | 15% |
| Commercial Package | 15% |
| Commercial Vehicle | 10% |
| Commercial property | 15% |
| Contract Guarantee Bond | 7.5% |
| Contractors All Risks | 15% |
| Contractors Works | 15% |
| Directors and Officers | 15% |
| ENG Engineering | 15% |
| Engineering Business Interuption | 15% |
| Engineering Insurance Inspection | 15% |
| Fleet Insurance | 10% |
| Goods in Transit | 20% |
| HPY Hospitality | 15% |
| HPY Hospitality | 15% |
| HPY Pleasure Craft | 16% |
| HYT Hull Marine | 19% |
| Hackney | 5% |
| Hull Insurance | 10% |
| Internal Risks | 15% |
| LPR Landlord House Insurance | 15% |
| Loss of Profits | 15% |
| MFR Motor - Fleet | 15% |
| MTC Motor Traders Combined | 15% |
| MTC Road Risk Only | 10% |
| MTR Motor - Road Risks | 15% |
| Marine: Small Craft | 20% |
| Motor Caravan Club | 10% |
| Motor Special Types | 5% |
| Motor Trader Combined 5% | 10% |
| Motor Traders Combined BI | 15% |
| Motor Traders Combined CMF | 15% |
| Motor Traders Combined CMV | 7.5% |
| Motor Traders Combined EL | 15% |
| Motor Traders Combined GAP | 15% |
| Motor Traders Combined PL | 15% |
| Motor Traders Combined PRL | 15% |
| Moyot Own Goods | 7.5% |
| OFM Office | 18.78% |
| Office | 15% |
| POP Property Owner | 20% |
| PRP Combined Property | 15% |
| Pleasure Craft | 15% |
| Property Damage | 10% |
| Property Owners | 15% |
| RCR Combined Risks - BI | 15% |
| RCR Combined Risks - BU | 15% |
| RCR Combined Risks - CL | 15% |
| RCR Combined Risks - EL | 15% |
| RCR Combined Risks - FG | 15% |
| RCR Combined Risks - FR | 15% |
| RCR Combined Risks - GAP | 15% |
| RCR Combined Risks - GAR | 15% |
| RCR Combined Risks - MML | 15% |
| RCR Combined Risks - PA | 15% |
| RCR Combined Risks - PL | 15% |
| REN Engineering | 15% |
| RPM Hospital Malpractice Insurance | 10% |
| Religious Protection | 10% |
| Rented Property | 15% |
| Retail | 15% |
| SBR - Social Mini-Bus ROI | 5% |
| SCR Combined Risk | 15% |
| SFR Motor - Small Fleet | 15% |
| SME - Business Policy | 15% |
| SMP - Property Owners | 15% |
| STR - Motor - Special Types | 15% |
| Shop | 15% |
| Social Agricultural Vehicle | 5% |
| Special Types | 20% |
| TXM Taxi/ Hackney | 10% |
Aon Insurance Markets Ireland
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity Insurance Dual | 15% |
| Professional Indemnity Insurance Hiscox | 10% |
| Professional Indemnity Insurance Irish Public Bodies Mutual | 8% |
| Professional Indemnity Insurance Liberty | 10% |
| Professional Indemnity Insurance XL Insurance | 10% |
| Professional Indemnity Insurance XL Insurance | 10% |
| Professional Indemnity Insurance Zurich | 10% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Private Car (Personal Lines) Chubb | 5% |
| Private Motor Insurance Chubb | 5% |
Personal Accident Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Personal Accident & Illness AIG | 10% |
| Personal Accident Insurance Chubb | 20% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Marine | 10% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Liability Berkshire Hathaway | 10% |
| Combined Liability Zurich | 10% |
| Directors & Officers Liability - Golf Travelers Insurance | 10% |
| Directors and Officers Liability Travelers Insurance | 10% |
| Employers Liability Irish Public Bodies Mutual | 8% |
| Professional Indemnity Insurance Chubb | 10% |
| Property Owners Liability | 15% |
| Public Liability Irish Public Bodies Mutual | 8% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Household | 10% |
| Household Insurance Azur Underwriting | 12% |
| Household Insurance Chubb | 12% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Aon Toal Planthire Scheme - Commercial Package Travelers Insurance | 5% |
| Combined Directors & Officers and Employment Practices Liability Travelers Insurance | 12% |
| Combined Liability Allied World | 10% |
| Combined Liability Aon UK | 8% |
| Combined Liability RSA | 15% |
| Combined Traders | 10% |
| Commercial Combined | 10% |
| Commercial Combined Package Axa | 10% |
| Commercial Combined Package Barbican | 10% |
| Commercial Combined Package Chubb | 10% |
| Commercial Combined Package Ecclesiastical Insurance Office plc | 12.5% |
| Commercial Combined Package Hiscox | 10% |
| Commercial Combined Package Irish Public Bodies Mutual | 7.5% |
| Commercial Combined Package Liberty | 10% |
| Commercial Combined Package Travelers Insurance | 8% |
| Commercial Combined Package XL Insurance | 10% |
| Commercial Combined Package Zurich | 13% |
| Commercial Package - NHI Liberty | 10% |
| Commercial Package AIG | 10% |
| Commercial Package Aon UK | 15% |
| Commercial Package Chubb | 10% |
| Commercial Package Zurich | 4.5% |
| Commercial Property Policy Berkshire Hathaway | 10% |
| Commercial Vehicle Liberty | 5% |
| Commercial Vehicle Zurich | - |
| Computer All Risks RSA | 7.5% |
| Computer All Risks Zurich | 7.5% |
| Construction Liability Insurance Liberty | 10% |
| Construction Liability Insurance XL Insurance | 10% |
| Contractors All Risks Insurance (AW) Northern Marine | 10% |
| Contractors All Risks Insurance Liberty | 10% |
| Contractors All Risks Northern Marine | 10% |
| Cyber Liability Insurance Hiscox | 10% |
| Cyber with Beazley | 20% |
| Directors & Officers Liability Chubb | 25% |
| Directors & Officers Liability Hiscox | - |
| Directors & Officers Liability Liberty | 10% |
| Directors and Officers Liability Liberty | 10% |
| Engineering Aviva | 7.5% |
| Engineering RSA | 10% |
| Environmental Impairment Liability (EIL) AIG | 7.5% |
| Event Insurance Hiscox | 10% |
| Excess Liability | 10% |
| Excess Liability Insurance Chubb | 10% |
| Excess Public/Products Liability Allied World | 12% |
| Fine Art Insurance Axa | 5% |
| Fine Art Insurance Hiscox | - |
| Golf Buggy Insurance Travelers Insurance | - |
| Golfers Combined Package Travelers Insurance | 10% |
| Group Travel AIG | 13% |
| Household Insurance | 12% |
| ICMA : Motor Fleet Insurance Zurich | - |
| ICMA : Private Motor Insurance Zurich | - |
| Machinery Movement RSA | 10% |
| Marine Insurance (AW) Northern Marine | 10% |
| Marine Insurance RSA | 12.5% |
| Medical Malpractise Hiscox | 10% |
| Motor Fleet Insurance Liberty | 5% |
| Motor Fleet Insurance Travelers Insurance | 5% |
| Motor Fleet Zurich | - |
| Motor Trade Road Risks Travelers Insurance | 7% |
| Motor Trade Road Risks Zurich | - |
| One-Plan Package Chubb | 10% |
| Personal Accident Insurance | 10% |
| Private Car (Commercial) Zurich | - |
| Property Owners | 15% |
| Property Owners Liability Liberty | 12.5% |
| Property/Business Interruption Liberty | 10% |
| Public/Products Liability The Underwriting Exchange | 6.75% |
| Real Estate Property & Property Owners Liability Pkg | 10% |
| Rugby Clubs : Commercial Combined Package Aviva | 15% |
| Stud & Stable Insurance Package Aviva | 8% |
| Tennis Commercial Combined Package Ecclesiastical Insurance Office plc | 12.5% |
Arachas
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Liability | 10% |
| Engineering | 12% |
| Liability - RSA, HDI, Allianz | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Traders | 15% |
| Contractors All Risks | 13% |
| House - Holiday Home - KHB, KHH OR HM | 10% |
| House - Holiday Home HSH | 15% |
| House - Holiday Home HSH | 15% |
| House - Rental Let | 15% |
| Liability HISCOX | 13% |
| Oil Distributors | 10% |
| Recruitment Consultants | 12.5% |
| Schools | 10% |
Arachas Corporate Brokers
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Motor Damage | 15% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Eversure Home Insurance | 15% |
| Holiday Home | 15% |
| Holiday Home HSH | 15% |
| Mobile Home | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Cleaning Contractors | 11.25% |
| Combined Traders | 15% |
ARB Underwriting Ltd.
Travel Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Travel | 20% |
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 18% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Motor ARB Ideal | 8% |
| vehicle | 5% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Excess Liability | 20% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Commercial Combined | 20% |
| Motor Trade - ARB Motor Trade (COB 150) | 8% |
| Motor Trade - ARB Motor Trade (COB 160) | 5% |
| Motor Trade - Commercial Property Motor Trade Internal) | 10% |
| Motor Trade - Commercial Property SS MTIR | 10% |
| Property Owners | 20% |
| Surestone MTIR policies | 20% |
Aviva Insurance Ltd.
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 20% |
| Professional Indemnity | 20% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Caravan | 7.5% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Defective Title | 10% |
| Lost Share Indemnity | 10% |
| Lost Title Deeds | 10% |
| Title / Administration Bond | 20% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Liability | 10% |
| Employers Liability | 7.5% |
| Sports Liability | 5% |
| Transit Liability | 12% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Holiday Homes | 20% |
| Household | 20% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Admin Bond | 20% |
| Agricultural Vehicle | 5% |
| Claims Management | 10% |
| Commercial Combined | 15% |
| Computer | 15% |
| Contractors Works | 15% |
| ENG INS - JC | 15% |
| ENG INS - JF | 15% |
| ENG INS - JM | 15% |
| ENG INS - JP | 15% |
| Engineering | 20% |
| Engineering Business Interuption | 15% |
| Engineering Insurance Inspection | 21% |
| Farmers Combined | 15% |
| Fire Schedule | 15% |
| Fire/Perils | 20% |
| Fleet Insurance | 5% |
| Glass | 7.5% |
| Goods in Transit | 15% |
| Livestock | 20% |
| Loss of Licence | 10% |
| Loss of Profits | 20% |
| MARINE | 15% |
| Milk Agents Motor | 20% |
| Multi Risk | 21% |
| Office Combined | 15% |
| PACKAGES - AO | 16% |
| PACKAGES - AS | 16% |
| PACKAGES - US | 15% |
| Property Owners Liability | 20% |
| Property Owners Product - Fast Trade | 21% |
| R.I.A.I. Motor Scheme | 10% |
| Salon Insurance | 20% |
| Self Build | 15% |
| Shop | 15% |
| Shopkeepers | 17.5% |
| Special Types | 17.5% |
| Surgery Insurance | 20% |
| Traders Combined | 15% |
Aviva Life & Pensions Ireland DAC
Term Life Protection
A Term Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Term Protection | 140% | 22% | 24 |
Single Premium PRSA
| Product | Initial % | Recurring % |
|---|---|---|
| Single Premium PRSA | 4% | 0.5% |
Specified Illness
A Specified Illness Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Specified | 140% | 22% | 24 |
Savings
The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Renewal | Clawback Period (Months) |
|---|---|---|---|---|
| Savings | 7.5% | 0.25% | 2% | 48 |
Pension Term
A Pension Term Assurance Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Pension Term | 150% | 22% | 24 |
Personal Retirement Savings Account RP (PRSA)
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Renewal |
|---|---|---|
| Regular Premium PRSA | 5% | 5% |
Personal Retirement Bond (PRB)
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| PRB | 3.5% | 0.25% |
Mortgage Protection
A Mortgage Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Mortgage Protection | 140% | 22% | 24 |
Income Protection
An Income Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Income Protection | 200% | 30% | 48 |
Investment
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| Investments | 3.5% | 0.25% |
Group Life Protection
| Product | Initial % | Recurring Commission % |
|---|---|---|
| Group Life | 6% | 6% |
Group Income Protection
| Product | Initial % | Recurring Commission % |
|---|---|---|
| Group IP | 12.5% | 12.5% |
Defined Contribution Pension
A Defined Contribution Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Renewal |
|---|---|---|---|
| Regular Premium pension | 3% | 0.25% | 3% |
| Single premium pension | 3.5% | 0.25% | - |
Approved Retirement Fund (ARF)
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| ARF | 3.5% | 0.25% |
Annuity
The Annuity contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % |
|---|---|
| Annuity | 3% |
AXA Insurance dac
Travel Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Travel | 15% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Car | 5% |
| Motor | 5% |
| Van | 5% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Fire Schedule | 17.5% |
| Goods in Transit | 18% |
| Money | 20% |
| Professional Photographer | 20% |
| Special Types | 5% |
| Taxi | 5% |
| Theft | 15% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Employers Liability | 7.5% |
| Products Liability | 17.5% |
| Sports Liability | 10% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Holiday Home | 25% |
| House | 15% |
| Household | 17.5% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Agricultural Vehicle Insurance | 5% |
| Bus Insurance | 5% |
| Commercial Package | 20% |
| Enterprise | 15% |
| Farm | 17.5% |
| Glass | 5% |
| Goods Carrying Vehicles | 5% |
| Hackney | 5% |
| Hackney | 20% |
| Motor Traders | 12% |
| Portfolio | 15% |
| Professionals Insurance | 15% |
| Property Damage | 17.5% |
| Rental Property | 20% |
| Rental Property | 15% |
| Services Protect Insurance | 15% |
| Shopkeepers | 5% |
| Specials Insurance | 5% |
| Tractor/Agri | 5% |
| Tradesmen and Professionals | 15% |
| Tradesmen and Professionals | 15% |
BCP
Investment
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % |
|---|---|
| Investments | 4% |
Approved Retirement Fund (ARF)
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial € | Recurring Commission % |
|---|---|---|
| ARF | No | 0.75% |
Beazley Insurance Dac
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 25% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Virtual Care Products | 20% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product |
|---|
| Cyber Liability |
| Management Liability |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Event Insurance Products | 25% |
| Pleasure Craft | 20% |
Benchmark Underwriting Ltd.
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Holiday Home | 17.5% |
| Household | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Commercial Combined | 17.5% |
| Commercial Package | 20% |
| Office/Shop | 17.5% |
| Traders Combined | 15% |
bespoke
Investment
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product |
|---|
| Investments |
Bishops Gate
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 15% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Therapy Binder | 25% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Household | 15% |
| Household binder | 32.5% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Commercial Combined | 15% |
| Finsure | 28.5% |
Blue Insurances Ltd
Travel Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Travel | 20% |
| Travel - White Label | 20% |
| Travel - Wholesale | 20% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Car Hire Excess | 20% |
| Motor Breakdown | 20% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Gadget | 15% |
| Pet Insurance | 20% |
| Wedding Insurance | 20% |
Joseph G Brady Insurance Ltd t/a Brady Underwriting
Personal Accident Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Personal Accident | 10% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Expenses | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Business Protect (Retail, Office, Hospitality & Manufacturing) | 15% |
| Business protect | 15% |
| Commercial Combined | 10% |
| Eventinsure | 10% |
| Legal Expenses | 10% |
Ornella Underwriting Ltd t/a Bump Insurance
Canopius Underwriting Ltd
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Trailer | 25% |
CFC Underwriting
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Cyber Liability | 20% |
| Products Liability | 20% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Traders | 20% |
| Commercial Combined | 20% |
| Directors & Officers | 20% |
Chubb European Group (Dublin)
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 20% |
Personal Accident Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| PERSONAL ACCIDENT | 20% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Livestock | 20% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Liability | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Commercial Motor | 8% |
| Commercial Property | 15% |
| Fleet Insurance | 8% |
Chubb Ins Co. of Europe S.E.
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity Policy | 20% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Contract Works Policy | 20% |
| Marine Policy | 20% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Cyber Liability | 20% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Apartments | 14% |
Tysers Ireland Limited T/A Tysers Underwriting
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Goods in Transit | 20% |
Arachas Corporate Brokers t/a Cover Centre
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| HOUSEHOLD | 15% |
| Kidd High Net Worth | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Commercial Motor | 6% |
ARAG Legal Protection Ltd
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission € | Commission % |
|---|---|---|
| Commercial Legal Expenses | €24.59 | 25% |
| EL Policy | - | 10% |
Davy Select
Personal Retirement Savings Account RP (PRSA)
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Renewal |
|---|---|---|
| PRSA | 5% | 5% |
Personal Retirement Bond (PRB)
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| PRB | 3.5% | 0.25% |
Investment
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| Investment | 3.5% | 0.25% |
Approved Retirement Fund (ARF)
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| ARF | 3.5% | 0.25% |
Dolmen Insurance Brokers Ltd.
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined liability | 8.5% |
| Professional Indemnity | 10% |
| Property Owners Liability | 8.5% |
| Public Liability | 8.5% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Amethyst | 10% |
| Dolmen SI (Sums Insured) Home | 15% |
| Dolmen SI (Sums Insured) Residential | 15% |
| Flex | 10% |
| Premier | 10% |
| Unoccupied (via Relay & Direct) | 10% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Camper Van | 10% |
| Commercial Combined | 8.5% |
| Contractors All Risks | 12.5% |
| Directors & Officers | 20% |
| Event Insurance | 10% |
| Homeworks | 12.5% |
| Land Liability | 15% |
| Property Owners | 15% |
| Property Works | 12.5% |
| Rental Property | 10% |
Ecclesiastical Insurance Office Plc.
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Motor Contingency | 15% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Additional Expenses | 15% |
| Agricultural Vehicle | 15% |
| Livestock | 15% |
| Theft | 15% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Products Liability | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Apartment Block Insurance | 15% |
| Charity, Faith and Community Insurance (CHA) | 15% |
| Combined Liability | 15% |
| Commercial Combined (ICS) | 15% |
| Commercial Package (IIP) | 15% |
| Directors & Officers | 15% |
| Education (ISS) | 15% |
| Engineering, Cyber (CEN) | 15% |
| Heritage (IHG) | 15% |
| Holiday Home | 15% |
| Legal Expenses | 15% |
| Miscellaneous | 15% |
| Property Owners (IPO) | 15% |
EverSure
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Home Insurance Products | 15% |
| Household | 15% |
| Household Standard | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Rental Property | 15% |
FBD Insurance Plc.
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Multi Vehicle | 20% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Special Types | 6.5% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Employers and Public Liability | 10% |
| Public Liab & Employers Liab | 15% |
| Public Liab Only | 15% |
| Public Liability | 10% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Holiday Home | 20% |
| Property | 20% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| All Other | 15% |
| All Others Guesthouse Fire /Theft Accidental Damage | 20% |
| Comm Combined | 5% |
| Comm Mtr | 10% |
| Commercial Combined | 10% |
| Commercial Combined | 20% |
| Commercial Package | 20% |
| Guest House - Fire/ Theft/ Accidental Damage | 15% |
| Motor Fleet/Motor Trade/ Road risk | 10% |
| Multi Risk | 15% |
| Other Motor (Tractor) | 6.5% |
Friends First
Single Premium PRSA
| Product | Initial % | Recurring % |
|---|---|---|
| Single Premium PRSA | 4% | 0.5% |
Savings
The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Renewal | Clawback Period (Months) |
|---|---|---|---|---|
| Savings | 3% | 0.25% | 3% | 36 |
Personal Retirement Savings Account RP (PRSA)
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Renewal |
|---|---|---|
| Regular Premium PRSA | 5% | 5% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Liability | 10% |
Investment
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| Investments | 3.5% | 0.25% |
Approved Retirement Fund (ARF)
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| ARF | 3.5% | 0.25% |
Frost Insurances Ltd
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Property Owners Liability | 12.5% |
Greenman
Investment
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| Investments | 2.5% | 0.5% |
Hiscox SA
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 17.5% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Directors and Officers | 17.5% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Liability | 17.5% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Household | 17.5% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| All Commercial Policies | 17.5% |
| Office Combined | 17.5% |
Irish Life Assurance plc
Whole of Life Protection
The Whole of Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Whole of Life | 100% | 28% | 60 |
Term Life Protection
A Term Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Term Protection | 180% | 28% | 60 |
Single Premium PRSA
| Product | Initial % | Recurring % |
|---|---|---|
| Single PRemium PRSA | 5% | 0.75% |
Specified Illness
A Specified Illness Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Specified | 180% | 28% | 60 |
Savings
The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Renewal | Clawback Period (Months) |
|---|---|---|---|---|
| Savings | 22% | 0.25% | 5.5% | 48 |
Pension Term
A Pension Term Assurance Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Pension Term | 160% | 20% | 60 |
Personal Retirement Savings Account RP (PRSA)
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Renewal |
|---|---|---|
| Regular Premium PRSA | 17.5% | 5% |
Personal Retirement Bond (PRB)
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| PRB | 3.5% | 0.25% |
Mortgage Protection
A Mortgage Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Mortgage Protection | 180% | 28% | 60 |
Income Protection
An Income Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Income Protection | 180% | 3% | 60 |
Investment
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| Investments | 3.5% | 0.25% |
Group Life Protection
| Product | Initial % | Recurring Commission % |
|---|---|---|
| Group Life | 6% | 6% |
Group Income Protection
| Product | Initial % | Recurring Commission % |
|---|---|---|
| Group IP | 12.5% | 12.5% |
Defined Contribution Pension
A Defined Contribution Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Renewal |
|---|---|---|---|
| Regular Premium pension | 3% | 0.25% | 3% |
| Single premium pension | 3.5% | 0.25% | - |
Approved Retirement Fund (ARF)
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| ARF | 3.5% | 0.25% |
Annuity
The Annuity contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % |
|---|---|
| Annuity | 3% |
Marsh Ireland Brokers Limited
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 10% |
Personal Accident Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Personal Accident | 8.96% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Electrical Cont. Scheme | 12.5% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Liability | 10% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Charities | 10% |
| Commercial | 10% |
| Electrical Contractors | 10% |
| Fleet Insurance | 3% |
| Motor Fleet | 5% |
| Sports | 10% |
KennCo Underwriting Ltd
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 15% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Motor Policies | 15% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Public Liability | 15% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Holiday Homes | 15% |
| Home - Choice | 15% |
| Home - Rental | 15% |
| Home - Unique | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Garage Combined | 15% |
| Motor Policies | 15% |
| Motor Trade Policies | 15% |
Generali Seguros t/a RedClick
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Holiday Homes | 10% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Agricultural Vehicle | 10% |
| Commercial Combined | 15% |
| Private Motor | 8.5% |
| Rental Property | 20% |
Lloyds of London
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 15% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Carriers | 10% |
| Haulage Liability | 8% |
| Trades Liability | 12% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| ADF&T | 10% |
| Commercial Vehicle | 32% |
| Fire/Perils | 28.5% |
| Fleet Insurance | 28.5% |
| Motor Traders | 32% |
Methodist Insurance Plc,
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| COMBINED LIABILITY | 15% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| HOUSEHOLD | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| COMBINED ALL RISKS | 15% |
| COMBINED TRADERS | 12.5% |
| COMMERCIAL COMBINED | 15% |
New Ireland Assurance Company plc
Term Life Protection
A Term Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Clawback Period (Months) |
|---|---|---|
| Term Protection | 150% | 36 |
Single Premium PRSA
| Product | Initial % | Recurring % | Clawback Period |
|---|---|---|---|
| Single Premium PRSA | 10% | 0.5% | 60 |
Specified Illness
A Specified Illness Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Clawback Period (Months) |
|---|---|---|
| Specified | 150% | 36 |
Savings
The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Renewal |
|---|---|---|---|
| Savings | 10% | 0.25% | 2.5% |
Pension Term
A Pension Term Assurance Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Pension Term | 225% | 50% | 60 |
Personal Retirement Savings Account RP (PRSA)
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Renewal |
|---|---|---|
| Regular Premium PRSA | 5% | 5% |
Personal Retirement Bond (PRB)
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| PRB | 3.5% | 0.25% |
Mortgage Protection
A Mortgage Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Clawback Period (Months) |
|---|---|---|
| Mortgage Protection | 150% | 36 |
Income Protection
An Income Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Income Protection | 130% | 3% | 16 |
Investment
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Investments | 3.5% | 0.25% | - |
| Regular Contribution Investment Policy | 15% | 0.5% | 60 |
| Regular Contribution PRSA | 25% | 0.5% | 60 |
| Regular Contribution Pensions | 25% | 1% | 60 |
Group Life Protection
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Group Life | 20% | 20% | 12 |
Group Income Protection
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Group IP | 20% | 20% | 12 |
Defined Contribution Pension
A Defined Contribution Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Renewal |
|---|---|---|---|
| Regular Premium pension | 3% | 0.25% | 3% |
| Single premium pension | 3.5% | 0.25% | - |
Approved Retirement Fund (ARF)
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| ARF | 3.5% | 0.25% |
Annuity
The Annuity contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % |
|---|---|
| Annuity | 3% |
NFP Commercial Insurance Solutions (Ireland)
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 10% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Comm package | 14.5% |
| PL/Malpractice | 9.5% |
| Unoccupied Properties | 20% |
Hastings Insurance (Dublin) Limited t/a Hastings Insurance
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Traders Hair and Beauty Salons | 15% |
Arachas Corporate Brokers- O'Driscoll O'Neil
Travel Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Travel/Personal Accident - Crispin Speers & Partners Ltd | 15% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product |
|---|
| Classic Car - Aviva Insurance Limited |
Personal Accident Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product |
|---|
| Soccer Personal Accident - Aviva Insurance Limited |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| COMBINED LIABILITY | 7.5% |
| Combined Liability -Sportscover | - |
| PUBLIC LIABILITY | 7.5% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| ALL RISKS | 7.5% |
| ALL RISKS | 7.5% |
| COMBINED ALL RISKS | 7.5% |
| COMBINED TRADERS | 10% |
| COMMERCIAL COMBINED | 10% |
| Commercial Combined - Hiscox SA | 15% |
| Commercial Combined - XL Insurance Company SE | 15% |
| Legal Protection ARC Legal Assistance Ltd | 15% |
| Property Owners Commercial Combined - Swiss Re Corporate Solutions | 15% |
Aston Lark Europe Limited t/a Robertson Low
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 10% |
| Professional Indemnity(Excess Layer) | 10% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Liability | 10% |
| Employers Liability | 10% |
| General Liability | 10% |
| Medical Malpractice | 10% |
| Product Liability | 10% |
| Public Liability | 10% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| HNW Household | 10% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Apartment Block | 15% |
| Apartment Block(Aviva) | 10% |
| Aviation (Hull) | 10% |
| Business Interruption | 10% |
| Commercial Combined | 10% |
| Commercial Combined | 13% |
| Commercial Combined( NBS) | 5% |
| Construction Bond | 10% |
| Construction/Trademaster scheme | 10% |
| Contractors All Risks | 10% |
| Contractors All Risks | 10% |
| Cyber Insurance | 10% |
| Cyber Risk | 12% |
| Directors & Officers | 10% |
| Event Cancellation | 10% |
| Exhibition Insurance | 10% |
| Fire & Perils | 10% |
| Material Damage | 10% |
| Property Owner | 10% |
Royal London Insurance DAC
Whole of Life Protection
The Whole of Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Whole of Life | 225% | 36% | 60 |
Term Life Protection
A Term Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Term Protection | 225% | 36% | 60 |
Specified Illness
A Specified Illness Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Specified | 225% | 36% | 60 |
Pension Term
A Pension Term Assurance Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Pension Term | 225% | 36% | 60 |
Personal Retirement Savings Account RP (PRSA)
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Renewal |
|---|---|---|
| PRSA | 22.5% | 5% |
Personal Retirement Bond (PRB)
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % |
|---|---|
| Personal Retirement Bond | 5% |
Mortgage Protection
A Mortgage Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Mortgage Protection | 225% | 36% | 60 |
Income Protection
An Income Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Income Protection | 225% | 60% | 60 |
Approved Retirement Fund (ARF)
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % |
|---|---|
| ARF | 5% |
RSA Insurance Ireland DAC
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 10% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Classic Car Scheme | 20% |
| MG Owners Scheme | 15% |
| Motor | 7.5% |
| RSA Broker Motor Insurance Private Car | 8% |
Personal Accident Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Sports Person Accident | 15% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Financial Risks | 5% |
| Goods in Transit | 5% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Employers Liability | 15% |
| Employers Liability | 5% |
| Office Liability | 19% |
| Transit Liability | 5% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Cargo | 20% |
| Commercial Package | 20% |
| Engineering | 15% |
| Engineering | 17.5% |
| I.D.A. Motor Scheme | 20% |
| I.H.C.A. Motor Scheme | 20% |
| Motor Traders | 20% |
| Multi Risk | 20% |
| Office Combined | 5% |
| Office Combined | 17.5% |
| Property Damage | 15% |
| R.I.A.I. Motor Scheme | 15% |
| Surgery | 17.5% |
| Traders | 20% |
Securus Insurance Ltd
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| PROFESSIONAL INDEMN. | 10% |
| Professional Indemnity (AXA XLl) | 10% |
| Professional Indemnity (Chubb) | 10% |
| Professional Indemnity (Citynet) | 15% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Chubb Masterpiece Motor | 10% |
| Classic Car | 5% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Liability | 10% |
| Excess Liability | 10% |
| Excess Liability | 10% |
| Premises Liability | 15% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| HOUSEHOLD | 15% |
| OL PROPERTY OWNER | 10% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| APARTMENT BLOCK | 15% |
| COMMERCIAL COMBINED | 16% |
| Chubb Masterpiece Household | 12.5% |
| Commercial Combined (Citynet) | - |
| D&O (Chubb) | 15% |
| D&O (HCC) | 10% |
| Engineering (HSB) | 16% |
| HNW Household - Dual | 12.5% |
| Kidnap & Ransom (Chubb) | 10% |
| Marine Cargo (CNA) | 10% |
| Miscellaneous | 15% |
| Office | 15% |
| POL - Securus - online | 15% |
| Property Owners (Citynet) | 10% |
| UNOCCUPIED PROPERTY OWNERS INSURANCE QBE | 10% |
| Vacant Property (Securus - offline) | 10% |
| Vacant Property (Securus - online) | 15% |
Standard Life International dac
Single Premium PRSA
| Product | Initial % | Recurring % |
|---|---|---|
| Single Premium PRSA | 5% | 0.5% |
Savings
The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Renewal |
|---|---|---|---|
| Savings | 3% | 0.25% | 3% |
Personal Retirement Savings Account RP (PRSA)
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Renewal |
|---|---|---|
| Regular Premium PRSA | 5% | 5% |
Personal Retirement Bond (PRB)
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| PRB | 3.5% | 0.25% |
Investment
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| Investment | 3.5% | 0.25% |
Defined Contribution Pension
A Defined Contribution Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Renewal |
|---|---|---|---|
| Regular Premium pension | 3% | 0.25% | 3% |
| Single premium pension | 3.5% | 0.25% | - |
Approved Retirement Fund (ARF)
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| ARF | 3.5% | 0.25% |
Annuity
The Annuity contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % |
|---|---|
| Annuity | 3% |
Tasker & Partners Ltd (JRP)
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| COMBINED LIABILITY | 10% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| COMBINED ALL RISKS | 10% |
| Traders Combined | 10% |
Tokio Marine HCC - International Group
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| PROFESSIONAL INDEMN. | 25% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Directors & Officers | 25% |
Travelers Insurance Co Ltd
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Private Car | 15% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Miscellaneous | 10% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Liability | 15% |
| Management Liability Package - NB | 25% |
| Public Liability | 15% |
| Public Liability (Package) | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| APARTMENT BLOCK | 15% |
| Commercial Combined | 15% |
| Commercial Package | 15% |
| Directors & Officers | 17.5% |
| Fleet Insurance | 25% |
| Golf Select | 20% |
| I.H.C.A. Motor Scheme | 15% |
| Motor Fleet | 5% |
| Motor Trade Road Risks | 15% |
| Motortrade | 17.5% |
| Property Covers (Package or Stand Alone but excluding Motor Trade) | 15% |
Specialist Risk Europe Ltd t/a The Underwriting Exchange, MX Underwriting & LIME
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 10% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| CONSEQUENTIAL LOSS | 12.5% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Liability | 10% |
| Employers Liability | 10% |
| Excess Public Liabililty | 10% |
| Liability | 12.5% |
| Product Liability | 10% |
| Property Owners Liability | 12.5% |
| Public Liability | 10% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Apartments | 10% |
| Clinical Trials | 10% |
| Commercial Combined | 12.5% |
| Commercial Package | 10% |
| Commercial Property | 10% |
| Motor Fleet | 7.5% |
| Terrorism | 10% |
Willis Towers Watson Insurances (Ireland) Limited t/a Willis Towers Watson
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission € | Commission % |
|---|---|---|
| Asgard Private Car | €5 | 5% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission € | Commission % |
|---|---|---|
| Motor Traders - Liabilities | - | 14% |
| SIM Liability | €7 | 7% |
| SIMI MOTOR TRADE - LIABILITY | - | 7% |
| Tradesure Liability | €15 | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission € | Commission % |
|---|---|---|
| Apartments | - | 17.5% |
| Asgard Bus & Coach 1-4 | €5 | 5% |
| Asgard Bus & Coach Fleet | €5 | 5% |
| Asgard Commercial Fleet | €5 | 5% |
| Commercial Package | - | 11.5% |
| Commercial Vehicle | - | 10% |
| Fleet Insurance | - | 10% |
| Golfsure Combined | €15 | 15% |
| Golfsure Motor | €5 | 5% |
| Golfsure Personal | €5 | 5% |
| Guest House | - | 10% |
| Internal Risks | - | 10% |
| Motor Fleet | - | 7.85% |
| Motor Traders- Material Damage | - | 15% |
| Motor Traders- Road Risks | - | 5% |
| Office Combined | €15 | 15% |
| Property Owners | - | 17.5% |
| Propsure | €17.5 | 17.5% |
| SIMI MOTOR TRADE - MOTOR | - | 5% |
| SIMI MOTOR TRADE - PROPERTY, BI, MONEY | - | 15% |
| SIMI Motor | €5 | 5% |
| SIMI Motor Trade | Property, BI & Money | €15 | 15% |
| Traders Combined | - | 10% |
| Tradesure Commercial Motor | €10 | 10% |
Wrightway Underwriting Ltd.
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Private Car | 10% |
| Van Plan | 5% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| EL & PL Wrightway | 12% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Carriers Liability | 15% |
| Combined Liability | 8% |
| Contractors Combined Liability | 12% |
| PUBLIC LIABILITY | 12% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| HOUSEHOLD | 17.5% |
| House | 17.5% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| ADF&T | 15% |
| ADF&T | 12% |
| Engineering | 10.5% |
| Haulage Fleet | 5% |
| Haulage Single Vehicle | 5% |
| Inspection | 5% |
| MARINE INSURANCE | 5% |
| MOTOR FLEET | 5% |
| Rental Property | 17.5% |
| TRANSIT INSURANCE | 5% |
| Traders Transit | 15% |
Zurich Insurance Europe AG
Travel Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Annual Travel Policy | 15% |
| Group Personal Accident Travel | 6% |
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 5% |
| ZPI - Professional Indemnity | 15% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Private Car | 7.5% |
Personal Accident Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Personal Accident Policy | 5% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Employers Liability | 15% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Broker Household | 15% |
| Holiday Home | 17.5% |
| Home Insurance | 22% |
| Household | 6% |
| Household | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| All Risks | 15% |
| Apartment Block Insurance | 20% |
| Apartment Block Policy | 5% |
| Building in the Course of Erection | 15% |
| Combined Property Policy | 15% |
| Combined Property Policy | 5% |
| Commercial Property | 12% |
| Commercial Vehicle | 15% |
| Commerical Package | 20% |
| Computer All Risks" Policy" | 5% |
| Contractors All Risks" Policy" | 5% |
| Directors & Officers | 20% |
| ENP- Engineering | 15% |
| Elite Private Car | 7.5% |
| Engineering Insurance Inspection | 15% |
| Engineering Policy | 5% |
| Farm Fire Policy | 12.5% |
| Fidelity Policy | 15% |
| Fire/Perils | 15% |
| Fleet Motor Vehicle | 5% |
| HGV Fleet | 10% |
| I.D.A. Motor Scheme | 15% |
| Legal Expenses | 15% |
| MRP - Marine | 15% |
| Marine: Small Craft | 20% |
| Multi Risk | 15% |
| Nursing Home Combined | 5% |
| Office Combined | 5% |
| Private All Risks" Policy" | 5% |
| Special Types | 5% |
| Tradestar Shop | 17.5% |
| Truck Way- Single Truck | 10% |
Zurich Life Assurance plc
Whole of Life Protection
The Whole of Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Clawback Period (Months) |
|---|---|---|
| Whole of Life | 90% | 12 |
Term Life Protection
A Term Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Clawback Period (Months) |
|---|---|---|
| Term Protection | 140% | 12 |
Single Premium PRSA
| Product | Initial % | Recurring % |
|---|---|---|
| Single Premium PRSA | 5% | 0.75% |
Specified Illness
A Specified Illness Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Clawback Period (Months) |
|---|---|---|
| Specified | 140% | 12 |
Savings
The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Renewal |
|---|---|---|
| Savings | 3% | 3% |
Pension Term
A Pension Term Assurance Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Pension Term | 100% | 12% | 12 |
Personal Retirement Savings Account RP (PRSA)
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Renewal |
|---|---|---|
| Regular Premium PRSA | 10% | 5% |
Personal Retirement Bond (PRB)
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| PRB | 3.5% | 0.25% |
Mortgage Protection
A Mortgage Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Clawback Period (Months) |
|---|---|---|
| Mortgage Protection | 180% | 12 |
Investment
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| Investment | 3.5% | 0.25% |
Group Life Protection
| Product | Initial % | Recurring Commission % |
|---|---|---|
| Group Life | 6% | 6% |
Group Income Protection
| Product | Initial % | Recurring Commission % |
|---|---|---|
| Group IP | 12.5% | 12.5% |
Defined Contribution Pension
A Defined Contribution Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Renewal |
|---|---|---|---|
| Regular Premium pension | 3% | 0.25% | 3% |
| Single premium pension | 3.5% | 0.25% | - |
Approved Retirement Fund (ARF)
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| ARF | 3.5% | 0.25% |
Annuity
The Annuity contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to 'clawback' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % |
|---|---|
| Annuity | 3% |
