Our Charges
We, Carron Insurances act as intermediary (Broker) between you, the consumer, and the product provider with whom we place your business.
The background
Pursuant to provision 4.58A of the Central Bank of Ireland's September 2019 Addendum to the Consumer Protection Code, all 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/amount borrowed. |
| Trail/Renewal commission model: | Further payments at intervals are paid throughout the life span of the product. |
| Indemnity commission | Indemnity commission is the term used to describe a commission payment made before the commission is deemed to be 'earned'. Indemnity commission may be subject to a clawback (see below) if the consumer lapses or cancels the product before the commission is deemed to be earned. |
General insurance products
General insurance products, such as motor, home, travel, health, retail or liability insurance, are typically subject to a single or standard commission model, based on the amount of premium charged for the insurance product.
Profit Share arrangements
In some cases, the 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), fund based or trail relating to 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 increments may be based on a percentage of the value of the fund or the annual premium. For a single premium/lump sum product, the increment is generally based on the value of the fund.
Examples of products include Life Protection, Regular Premium Life Assurance Investments, Single Premium (lump sum) Insurance-based Investments, and Single Premium Pensions.
Investments
Investment firms, which fall within the scope of the European Communities (Markets in Financial Instruments) Regulations 2007 (the MiFID Regulations), offer both standard commission and commission models involving initial and trail commission. Increments may be based on a percentage of the investment management fees, or on the value of the fund.
Credit Products/Mortgages
Commission may be earned by intermediaries for arranging credit for consumers, such as mortgages. The single, or standard, commission model is the most common commission model applied to the sale of mortgage products by mortgage credit intermediaries (Mortgage Broker).
Clawback
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, admin fee, or in the case of investment firms, advisory fees.
Our Fees:
Administration Fees:- General Insurance
Personal Lines- up to a maximum of €30.00 per policy
Commerical Lines - up to a maximum of €150.00 per policy.
On-going Advice -Service Fees - only applies should you elect to pay by fee rather than commission
Investment /Pensions: up to a maximum of 0.5% of funds under management.
Ad hoc advice fee hourly rate - for services such as help or advice in a specific area where you don't want a full financial planning review or not looking for on-going support afterwards.
Fees applying : Director/Associate - up to a €250.00 per hour
Please Note
The enclosed commission guidance section gives indicative values across every product provider and every product advised whereby a commission or fee is received within our business. This is the maximum our Brokerage will take and is subject to change, in certain cases our Brokerage may take a different remuneration than the enclosed percentages/amounts. This will be disclosed to each client as per the Central Bank Consumer Protection Code regulations, on a client by client basis.
Other Fees, Administrative Costs/ Non-Monetary Benefits
The firm may also be in receipt of non-monetary benefits such as:
- Attendance at product provider seminars
- Assistance with Advertising/Branding
Further detail on the providers we work with, the products we sell and the maximum commissions available to us are outlined below.
Accident and General
Travel Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Travel | 25% |
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 % |
|---|---|
| Trailer | 25% |
AIG Europe S.A
Travel Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| PA/Travel | 20% |
| Travel | 25% |
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| PI | 17.5% |
| PI Rapidcover | 25% |
| Professional Indemnity | 10% |
| Professional Indemnity | 18% |
| Professional Indemnity | 15% |
| Professional Indemnity | 5% |
| Professional Indemnity | 15% |
| Trailer | 25% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Classic Car Scheme | 8% |
| Classic Car Scheme | 10% |
| MG Owners Scheme | 8% |
| Multi Vehicle | 8% |
| Multi Vehicle | 6% |
| Private Car | 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 % |
|---|---|
| Cyber Liability | 20% |
| D&O, Crime, PTL, EPL, Entity | 17.5% |
| D&O, Crime, PTL, EPL, Entity Rapidcover (Bus Guard) | 20% |
| Directors and Officers | 20% |
| EL | 6% |
| Employers Liability | 6% |
| Environmental Liability | 18% |
| Excess Liability | 10% |
| PL | 10% |
| PL Rapidcover | 20% |
| Products Liability | 10% |
| Property Owners Liability | 9.5% |
| Public Liability | 10% |
| 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 % |
|---|---|
| Fire Schedule | 12% |
| Fire/Perils | 12% |
| Household | 25% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Annual | 25% |
| Apartments | 20% |
| Com Comb Rapidcover | 20% |
| Commercial Combined | 25% |
| Commercial Package | 20% |
| Commercial Vehicle | 6% |
| Commercial Vehicle | 10% |
| Computer | 15% |
| Contractors Works | 15% |
| Crime | 17.5% |
| Crisis Management | 25% |
| Cyber | 20% |
| Cyber Rapidcover | 25% |
| Directors and Officers | 15% |
| Driving Instruction | 10% |
| Engineering Insurance Inspection | 15% |
| Excess | 10% |
| Excess Rapidcover | 25% |
| Fleet Insurance | 5% |
| Goods in Transit | 18% |
| Loss of Profits | 12% |
| Marine | 20% |
| Motor Contingency | 15% |
| Motor Traders | 5% |
| Multi Risk | 5% |
| Office | 20% |
| Office Combined | 20% |
| Office Rapidcover | 20% |
| Prop Own Rapidcover | 20% |
| Property | 15% |
| Property Damage | 10% |
| Property Owners | 20% |
| Shop | 15% |
| Shop Combined | 20% |
| Shopkeepers | 15% |
| Shops Rapidcover | 20% |
| Terrorism | 15% |
Allianz Plc.
Travel Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Travel | 25% |
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission € | Commission % |
|---|---|---|
| PFP Professional Indemnity | €19 | 20% |
| Professional Indemnity | - | 15% |
| 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 | 15% |
| Motor Contingency | 15% |
| Multi Vehicle | 5% |
| PCR RoI Broker Motor Product | 10% |
| Private motor | 5% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| CGL Cargo Liability | 19% |
| Cargo Liability | 18.775% |
| Employers Liability | 6% |
| Hull Damage/ Liability | 15% |
| LIA Combined Liability | 10% |
| Products Liability | 10% |
| Public Liability | 10% |
| RPL Public Liability MML | 5% |
| RPL Public Liability | 10% |
| SPL Social Public Liability | 15% |
| Transit Liability | 18% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Accidental Damage | 10% |
| Fire Only | 15% |
| Fire Schedule | 12% |
| Fire/Perils | 15% |
| HHR Combined House Insurance | 20% |
| HPR Personal lines household | 15% |
| HYR Holiday Home ROI | 15% |
| 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 % |
|---|---|
| Agricultural Vehicle | 0.5% |
| All Risks | 15% |
| Apartment Block | 17.5% |
| Apartment Blocks | 17.5% |
| Auctioneers Bond | 15% |
| Aviation | 10% |
| Broker Household | 15% |
| Business Interruption | 15% |
| Business Interuption | 15% |
| CBR Combined Property | 15% |
| CGD Cargo Goods | 19% |
| CMP Computer | 15% |
| Caravan | 15% |
| Cargo Goods | 18.775% |
| Combined Risks | 15% |
| Combined Traders | 15% |
| Commercial Combined | 15% |
| Commercial Fire | 15% |
| Commercial Package | 15% |
| Commercial Vehicle | 5% |
| Commercial property | 15% |
| Computer | 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 | 5% |
| Goods in Transit | 19% |
| HPY Hospitality | 15% |
| HPY Hospitality | 15% |
| HPY Pleasure Craft | 16% |
| HYT Hull Marine | 18% |
| Hull Insurance | 10% |
| Internal Risks | 15% |
| Internal Risks | 15% |
| LPR Landlord House Insurance | 15% |
| Loss of Profits | 12% |
| MTC Motor Traders Combined | 15% |
| MTC Road Risk Only | 10% |
| Marine: Small Craft | 15% |
| 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 | 15% |
| Office | 15% |
| POP Property Owner | 15% |
| 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% |
| RTM Retail | 15% |
| Religious Protection | 10% |
| Rented Property | 15% |
| Retail | 15% |
| SBR - Social Mini-Bus ROI | 5% |
| SCR Combined Risk | 15% |
| SHC Shop | 15% |
| SME - Business Policy | 15% |
| SMP - Property Owners | 15% |
| STR - Motor - Special Types | 15% |
| Shop | 15% |
| Shopkeepers | 15% |
| Social Agricultural Vehicle | 5% |
| Special Types | 5% |
| TXM Taxi/ Hackney | 10% |
| Trailer | 25% |
Aon Insurance Markets Ireland
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity Insurance Dual | 15% |
| Professional Indemnity Insurance Hiscox | 10% |
| Professional Indemnity Insurance Irish Public Bodies Mutual | 8% |
| Professional Indemnity Insurance Liberty | 10% |
| Professional Indemnity Insurance XL Insurance | 10% |
| Professional Indemnity Insurance XL Insurance | 10% |
| Professional Indemnity Insurance Zurich | 10% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Private Car (Personal Lines) Chubb | 5% |
| Private Motor Insurance Chubb | 5% |
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 | 12.5% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Liability | 11% |
| Combined Liability Berkshire Hathaway | 10% |
| Combined Liability Zurich | 10% |
| Directors & Officers Liability - Golf Travelers Insurance | 10% |
| Directors and Officers Liability Travelers Insurance | 10% |
| Employers Liability Irish Public Bodies Mutual | 8% |
| Excess Liability Liberty | 10% |
| Professional Indemnity Insurance Chubb | 10% |
| Property Owners Liability | 15% |
| Public Liability Irish Public Bodies Mutual | 8% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Household | 10% |
| Household Insurance Azur Underwriting | 12% |
| Household Insurance Chubb | 12% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Aon Toal Planthire Scheme - Commercial Package Travelers Insurance | 5% |
| Combined Directors & Officers and Employment Practices Liability Travelers Insurance | 12% |
| Combined Liability Allied World | 10% |
| Combined Liability Aon UK | 8% |
| Combined Liability RSA | 15% |
| Combined Traders | 8% |
| Commercial Combined | 10% |
| Commercial Combined Package Axa | 10% |
| Commercial Combined Package Barbican | 10% |
| Commercial Combined Package Chubb | 10% |
| Commercial Combined Package Ecclesiastical Insurance Office plc | 12.5% |
| Commercial Combined Package Hiscox | 10% |
| Commercial Combined Package Irish Public Bodies Mutual | 7.5% |
| Commercial Combined Package Liberty | 10% |
| Commercial Combined Package Travelers Insurance | 8% |
| Commercial Combined Package XL Insurance | 10% |
| Commercial Combined Package Zurich | 13% |
| Commercial Package - NHI Liberty | 10% |
| Commercial Package AIG | 10% |
| Commercial Package Aon UK | 15% |
| Commercial Package Chubb | 10% |
| Commercial Package Zurich | 4.5% |
| Commercial Property Policy Berkshire Hathaway | 10% |
| Commercial Vehicle Liberty | 5% |
| Commercial Vehicle Zurich | - |
| Computer All Risks RSA | 7.5% |
| Computer All Risks Zurich | 7.5% |
| Construction Liability Insurance Liberty | 10% |
| Construction Liability Insurance XL Insurance | 10% |
| Contractors All Risks Insurance (AW) Northern Marine | 10% |
| Contractors All Risks Insurance Liberty | 10% |
| Contractors All Risks Northern Marine | 10% |
| Cyber Liability Insurance Hiscox | 10% |
| Cyber with Beazley | 20% |
| Directors & Officers Liability Chubb | 25% |
| Directors & Officers Liability Hiscox | - |
| Directors & Officers Liability Liberty | 10% |
| Directors and Officers Liability Liberty | 10% |
| Engineering Aviva | 7.5% |
| Engineering RSA | 10% |
| Environmental Impairment Liability (EIL) AIG | 7.5% |
| Event Insurance Hiscox | 10% |
| Excess Liability | 10% |
| Excess Liability Insurance Chubb | 10% |
| Excess Public/Products Liability Allied World | 12% |
| Fine Art Insurance Axa | 5% |
| Fine Art Insurance Hiscox | - |
| Golf Buggy Insurance Travelers Insurance | - |
| Golfers Combined Package Travelers Insurance | 10% |
| Group Travel AIG | 13% |
| Household Insurance | 12% |
| ICMA : Motor Fleet Insurance Zurich | - |
| ICMA : Private Motor Insurance Zurich | - |
| Machinery Movement RSA | 10% |
| Marine Insurance (AW) Northern Marine | 10% |
| Marine Insurance RSA | 12.5% |
| Medical Malpractise Hiscox | 10% |
| Motor Fleet Insurance Liberty | 5% |
| Motor Fleet Insurance Travelers Insurance | 5% |
| Motor Fleet Zurich | - |
| Motor Trade Road Risks Travelers Insurance | 7% |
| Motor Trade Road Risks Zurich | - |
| 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 Corporate Brokers
Travel Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Travel | 25% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Motor Damage | 10% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Public Liability | 15% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Caravan | 15% |
| Caravan | 10% |
| Eversure Home Insurance | 15% |
| Holiday Home | 10% |
| Holiday Home HSH | 15% |
| Household | 15% |
| Mobile Home | 10% |
| Mobile Home | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Cleaning Contractors | 11.25% |
| Combined Traders | 15% |
| Commercial Combined | 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% |
| Private Car | 10% |
| Road risk | 10% |
| 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 | 15% |
| Commercial Vehicle | 7.5% |
| Motor Trade | 10% |
| Motor Trade - ARB Motor Trade (COB 150) | 8% |
| Motor Trade - ARB Motor Trade (COB 160) | 5% |
| Motor Trade - Commercial Property Motor Trade Internal) | 10% |
| Motor Trade - Commercial Property SS MTIR | 10% |
| Property Owners | 10% |
| Shopkeepers | 15% |
Aviva Insurance Ltd.
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 15% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Motor Contingency | 15% |
| Private Car | 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 | 9% |
| Combined Liability | 10% |
| Employers Liability | 6% |
| Products Liability | 10% |
| Public Liability | 10% |
| Transit Liability | 12% |
| Transit Liability | 18% |
| Warehouse Liability | 10% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Holiday Homes | 20% |
| Household | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Admin Bond | 20% |
| All Risks | 15% |
| All Risks | 10% |
| Commercial Combined | 15% |
| Commercial Vehicle | 10% |
| Computer | 15% |
| Contractors Works | 15% |
| ENG INS - JC | 15% |
| ENG INS - JF | 15% |
| ENG INS - JM | 15% |
| ENG INS - JP | 15% |
| Engineering | 20% |
| Engineering Business Interuption | 15% |
| Engineering Insurance Inspection | 15% |
| Farmers Combined | 15% |
| Fire Schedule | 12% |
| Fire/Perils | 15% |
| Fleet Insurance | 5% |
| Goods in Transit | 18% |
| Internal Risks | 10% |
| Loss of Licence | 10% |
| MARINE | 15% |
| Marine | 18% |
| Marine: Small Craft | 15% |
| Motor Traders | 5% |
| Multi Risk | 5% |
| Office Combined | 15% |
| PACKAGES - AO | 16% |
| PACKAGES - AS | 16% |
| PACKAGES - US | 15% |
| Property Damage | 10% |
| Property Owners | 10% |
| Property Owners Liability | 20% |
| Property Owners Product - Fast Trade | 21% |
| Salon Insurance | 20% |
| Self Build | 15% |
| Shop | 15% |
| Shopkeepers | 15% |
| Special Types | 5% |
| Surgery Insurance | 15% |
| Traders Combined | 15% |
Aviva Life & Pensions Ireland DAC
Term Life Protection
A Term Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Term Protection | 150% | 22% | 24 |
Single Premium PRSA
| Product | Initial % | Recurring % |
|---|---|---|
| Single Premium PRSA | 4% | 0.5% |
Specified Illness
A Specified Illness Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Specified | 150% | 22% | 24 |
Savings
The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Savings | 15% | 1% | 48 |
Personal Retirement Savings Account RP (PRSA)
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Regular Premium PRSA | 22.5% | 0.5% | 48 |
Personal Retirement Bond (PRB)
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| PRB | 5.25% | 1% |
Mortgage Protection
A Mortgage Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Mortgage Protection | 150% | 22% | 24 |
Income Protection
An Income Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Income Protection | 200% | 30% | 48 |
Investment
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| Investments | 5.25% | 1% |
Defined Contribution Pension
A Defined Contribution Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Regular Premium pension | 20% | 1% | 48 |
| Single premium pension | 5.25% | 1% | - |
Approved Retirement Fund (ARF)
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| ARF | 5.25% | 1% |
AXA Insurance dac
Travel Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Travel | 25% |
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 15% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Car | 10% |
| Motor | 10% |
| Motor Contingency | 15% |
| Multi Vehicle | 5% |
| Private Car | 10% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Computer | 15% |
| Contractors Works | 15% |
| Engineering Business Interuption | 15% |
| Engineering Insurance Inspection | 15% |
| Fire Schedule | 12% |
| Goods in Transit | 18% |
| Professional Photographer | 20% |
| Special Types | 5% |
| Trailer | 25% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Employers Liability | 6% |
| Liability | 15% |
| Liability | 15% |
| Products Liability | 10% |
| Public Liability | 10% |
| Transit Liability | 12% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Holiday Home | 20% |
| House | 20% |
| Household | 25% |
| 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 % |
|---|---|
| Agricultural Vehicle Insurance | 5% |
| Apartment Block Insurance | 10% |
| Bus Insurance | 5% |
| Commercial Combined | 20% |
| Commercial Package | 20% |
| Commercial Vehicle | 5% |
| Commercial Vehicle | 8% |
| Farm | 17.5% |
| Fire/Perils | 12% |
| Fleet Insurance | 10% |
| Goods Carrying Vehicles | 5% |
| Guest House | 10% |
| Motor Traders | 5% |
| Multi Risk | 5% |
| Office Combined | 15% |
| Professionals Insurance | 15% |
| Property Damage | 10% |
| Property Owners | 20% |
| Rental Property | 20% |
| Rental Property | 15% |
| Services Protect Insurance | 15% |
| Shop/Office/Surgery | 17.5% |
| Shopkeepers | 20% |
| Shopkeepers | 17.5% |
| Specials Insurance | 5% |
| Tractor/Agri | 5% |
| Tradesmen and Professionals | 15% |
| Tradesmen and Professionals | 15% |
Benchmark Underwriting Ltd.
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 20% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Holiday Home | 15% |
| Household | 15% |
| Household | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Commercial Combined | 20% |
| Commercial Package | 20% |
| Office/Shop | 15% |
| Property Owners | 20% |
| Traders Combined | 15% |
Chubb Ins Co. of Europe S.E.
Travel Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| PA/Travel Policy | 20% |
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity Policy | 20% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Motor Damage | 15% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Contract Works Policy | 15% |
| D & O Policy | 20% |
| Directors and Officers | 15% |
| Marine Policy | 25% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Cyber Liability | 20% |
| Employers Liability | 10% |
| Employment Practice Liability | 20% |
| Excess PL Policy | 15% |
| PL Policy | 10% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Household | 23% |
| Prop Owners Policy | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Apartments | 14% |
| Commercial Combined | 15% |
| Commercial Package Policy | 15% |
| Multi Risk | 5% |
Citynet Insurance Brokers Ltd.
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Liability | 10% |
| Employers Liability | 7.5% |
| Public Liability | 12.5% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| All types | 10% |
| Property Damage | 12.5% |
Arachas Corporate Brokers t/a Cover Centre
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| HORSE INSURANCE | 6.5% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Apartment Landlord | 15% |
| Apartment Owner Occupied | 15% |
| HOUSEHOLD | 15% |
| Homeshield Rental | 15% |
| Kidd High Net Worth | 15% |
| Kidd Holiday Home | 10% |
| Kidd Homeworker | 15% |
| Kidd Mobile Home Fixed Site | 10% |
| Kidd Non-standard Construction | 10% |
| Kidd Touring Caravan | 10% |
| Kidd Unoccupied | 10% |
| Kiddsure Select | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Commercial Motor | 6% |
| Light Commercial Vehicle | 10% |
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 | - | 6% |
Dual 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% |
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 | 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 % |
|---|---|
| Home | 19.7% |
Ecclesiastical Insurance Office Plc.
Travel Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Travel | 25% |
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 15% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| 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 % |
|---|---|
| Computer | 15% |
| Contractors Works | 15% |
| Fire Schedule | 12% |
| Goods in Transit | 18% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Employers Liability | 6% |
| Products Liability | 10% |
| Transit Liability | 12% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Household | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Apartment Block Insurance | 10% |
| Charity, Faith and Community Insurance (CHA) | 15% |
| Combined Liability | 15% |
| Commercial Combined | 15% |
| Commercial Combined (ICS) | 15% |
| Commercial Package (IIP) | 15% |
| Directors & Officers | 15% |
| Education (ISS) | 15% |
| Engineering, Cyber (CEN) | 15% |
| Fire/Perils | 12% |
| Fire/Perils | 15% |
| Heritage (IHG) | 15% |
| Holiday Home | 15% |
| Legal Expenses | 15% |
| Miscellaneous | 15% |
| Office Combined | 15% |
| Property Damage | 10% |
| Property Owners | 15% |
| Property Owners (IPO) | 15% |
| Shop | 15% |
| Shopkeepers | 15% |
Finance Ireland
Mortgage Switcher
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product | Commission % | Clawback Period (Months) |
|---|---|---|
| Mortgage - Switcher | 1% | 36 |
Second and Subsequent Time Buyers
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product | Commission % | Clawback Period (Months) |
|---|---|---|
| Mortgage - Second/subsequent Buyer | 1% | 36 |
First-Time Buyer
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product | Commission % | Clawback Period (Months) |
|---|---|---|
| Mortgage - First-Time Buyer | 1% | 36 |
Equity Release
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product | Commission % | Clawback Period (Months) |
|---|---|---|
| Mortgage - Equity Release | 1% | 36 |
Haven
Mortgage Switcher
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product | Commission % | Clawback Period (Months) |
|---|---|---|
| Mortgage - Switcher | 1% | 36 |
Second and Subsequent Time Buyers
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product | Commission % | Clawback Period (Months) |
|---|---|---|
| Mortgage - Second/subsequent Buyer | 1% | 36 |
First-Time Buyer
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product | Commission % | Clawback Period (Months) |
|---|---|---|
| Mortgage - First-Time Buyer | 1% | 36 |
Equity Release
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product | Commission % | Clawback Period (Months) |
|---|---|---|
| Mortgage - Equity Release | 1% | 36 |
Hickey Clarke & Langan Ltd.
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Household | 10% |
ICS/dilosk
Mortgage Switcher
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product | Commission % | Clawback Period (Months) |
|---|---|---|
| Mortgage - Switcher | 1% | 36 |
Second and Subsequent Time Buyers
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product | Commission % | Clawback Period (Months) |
|---|---|---|
| Mortgage - Second/subsequent Buyer | 1% | 36 |
First-Time Buyer
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product | Commission % | Clawback Period (Months) |
|---|---|---|
| Mortgage - First-Time Buyer | 1% | 36 |
Equity Release
Credit intermediation with respect to Mortgages allows for an initial once off upfront commission to remunerate a Brokerage based on the advice, service and packaging of a mortgage. If a client switches or ceases to pay a Mortgage repayment with the clawback period, the Brokerage will receive a pre agreed pro rata clawback within the below timeframes.
| Product | Commission % | Clawback Period (Months) |
|---|---|---|
| Mortgage - Equity Release | 1% | 36 |
Independent Trustee Company Limited
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 % |
|---|---|
| PRSA | 2% |
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 % |
|---|---|
| PRB | 2% |
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 | 2% |
KennCo 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 | 15% |
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% |
| Private Car | 7.5% |
| Private Motor Choice | 5% |
| Private Motor Unique | 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 | 15% |
| 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% |
| Household Policies | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Commercial Combined | 15% |
| Commercial Vehicle | 7.5% |
| Garage Combined | 15% |
| Motor Policies | 15% |
| Motor Trade Policies | 10% |
| Property Owners | 15% |
Generali Seguros t/a RedClick
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Private Car | 8% |
| Private Car | 8% |
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% |
| 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 | 10% |
| Commercial Vehicle | 8.5% |
| Fleet Insurance | 8% |
| Private Motor | 8.5% |
| Rental Property | 20% |
NewCourt
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 | Recurring Commission % |
|---|---|
| PRSA | 0.25% |
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 | Recurring Commission % |
|---|---|
| PRB | 0.25% |
| PRB | 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 % |
|---|---|---|
| Investments | 0.25% | 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 | Recurring Commission % |
|---|---|
| ARF | 0.25% |
| ARF | 0.25% |
New Ireland Assurance Company plc
Term Life Protection
A Term Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Term Protection | 225% | 50% | 60 |
Single Premium PRSA
| Product | Initial % | Recurring % | Clawback Period |
|---|---|---|---|
| Single Premium PRSA | 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 % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Specified | 225% | 50% | 60 |
Savings
The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Renewal | Clawback Period (Months) |
|---|---|---|---|---|
| Savings | 10% | 0.5% | 2.5% | 60 |
Personal Retirement Savings Account RP (PRSA)
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Renewal | Clawback Period (Months) |
|---|---|---|---|---|
| Regular Premium PRSA | 25% | 0.5% | 6% | 60 |
Personal Retirement Bond (PRB)
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| PRB | 5% | 1% | 60 |
Mortgage Protection
A Mortgage Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Mortgage Protection | 225% | 50% | 60 |
Income Protection
An Income Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Income Protection | 225% | 50% | 60 |
Investment
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Investments | 5% | 1% | 36 |
| Regular Contribution Investment Policy | 15% | 0.5% | 60 |
| Regular Contribution PRSA | 25% | 0.5% | 60 |
| Regular Contribution Pensions | 25% | 1% | 60 |
Defined Contribution Pension
A Defined Contribution Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Renewal | Clawback Period (Months) |
|---|---|---|---|---|
| Regular Premium pension | 25% | 1% | 8% | 60 |
| Single premium pension | 5% | 1% | - | 60 |
Approved Retirement Fund (ARF)
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| ARF | 5% | 1% |
Northern Marine U/W Ltd.
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Goods in Transit | 20% |
| Marine | 20% |
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 % |
|---|---|
| Contractors all risk | 20% |
Optis Insurances Ltd.
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| P.I | 20% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| B & B | 15% |
| Goods in Transit | 20% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Liability | 15% |
| ELPL | 15% |
| Public 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 Combined | 15% |
| Commercial Package | 15% |
| Contractors All Risks | 15% |
| Office | 15% |
| Property Owner | 17.5% |
| Pub/Restaurant | 15% |
| Real Estate | 17.5% |
| Self Build | 15% |
| Shop | 15% |
| Shopkeepers | 15% |
Prestige Underwriting Services (Ireland) 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 | 5% |
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 % |
|---|---|
| Octane Ireland Motor | 8% |
| Octane Ireland Motor EDI | 6% |
| Prestige Ireland Private Motor | 10% |
| Prestige Personal Portfolio (Home, Motor & New NI Motor) | - |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Holiday Home | 25% |
| Household | 25% |
| Prestige Homesafe | 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 % |
|---|---|
| Amtrust Property ROI | 14% |
| Commercial Vehicle | 8% |
| Motor Trade | 10% |
| Rental Property | 20% |
Royal London Insurance DAC
Whole of Life Protection
The Whole of Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Whole of Life | 200% | 36% | 60 |
Term Life Protection
A Term Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Term Protection | 200% | 36% | 60 |
Specified Illness
A Specified Illness Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Specified | 225% | 36% | 60 |
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 | 200% | 36% | 60 |
Income Protection
An Income Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Income Protection | 225% | 60% | 60 |
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
Travel Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Personal Accident/Travel | 20% |
| Travel | 30% |
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professinal Indemnity | 22.5% |
| Professional Indemnity | 10% |
| Professional Indemnity | 17.5% |
| Professional Indemnity | 15% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Caravan | 15% |
| Morris Minor | 5% |
| Motor | 5% |
| Motor Damage | 10% |
| Multi Vehicle | 5% |
| RSA Broker Motor Insurance Private Car | 8% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Agricultural Vehicle | 5% |
| Computer | 15% |
| Contractors Works | 20% |
| Directors and Officers | 15% |
| Engineering Business Interuption | 15% |
| Engineering Insurance Inspection | 15% |
| Financial Risks | 15% |
| Fire Schedule | 15% |
| Goods in Transit | 18.8% |
| Goods in Transit | 20% |
| Marine | 18% |
| Marine | 20% |
| Marine | 18.8% |
| Marine: Small Craft | 15% |
| Special Types | 5% |
| Sports Property Damage | 15% |
| Trailer | 25% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Carriers Liability | 20% |
| Combined Liability | 10% |
| Combined Liability | 9% |
| Employers Liability | 6% |
| Employers Liability | 6% |
| Office Liability | 10% |
| Public Liability | 10% |
| Public Liability | 10% |
| Transit Liability | 20% |
| Transit Liability | 18% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Holiday Home | 25% |
| Household | 25% |
| R.I.A.I. Home Secure | 5% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| All Risks | 15% |
| Apartments/Block of Flats | 15% |
| Cargo | 20% |
| Combined | 15% |
| Commercial Combined | 15% |
| Commercial Package | 20% |
| Commercial Vehicle | 5% |
| Commercial Vehicle Fleet | 5% |
| Contractors All Risks | 15% |
| Engineering | 15% |
| Engineering | 15% |
| Farmers Combined | 15% |
| Fire/Perils | 12.5% |
| Fire/Perils | 15% |
| Fleet Insurance | 10% |
| Motor Traders | 5% |
| Multi Risk | 5% |
| Office | 17.5% |
| Office Combined | 17.5% |
| Office Combined | 15% |
| Property | 12.5% |
| Property | 12.5% |
| Property Damage | 15% |
| Property Owners | 15% |
| R.I.A.I. Motor Scheme | 5% |
| Shop | 15% |
| Shopkeepers | 15% |
| Surgery | 17.5% |
| Traders | 20% |
| Traders | 20% |
Standard Life International dac
Single Premium PRSA
| Product | Initial % | Recurring % |
|---|---|---|
| Single Premium PRSA | 5% | 0.5% |
Savings
The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Savings | 15% | 1% | 60 |
Personal Retirement Savings Account RP (PRSA)
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Renewal |
|---|---|---|---|
| Regular Premium PRSA | 5% | 0.5% | 5% |
Personal Retirement Bond (PRB)
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| PRB | 5% | 1% |
Investment
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| Investment | 4% | 1% |
Defined Contribution Pension
A Defined Contribution Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Renewal | Clawback Period (Months) |
|---|---|---|---|---|
| Regular Premium pension | 25% | 1% | 8% | 60 |
| Single premium pension | 5% | 1% | - | 48 |
Approved Retirement Fund (ARF)
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| ARF | 4% | 1% |
Travelers Insurance Co Ltd
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 15% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Multi Vehicle | 5% |
| Private Car | 10% |
| Private Motor Vehicle - NB and Rnl | 10% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Miscellaneous | 10% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Liability | 9% |
| Employers Liability | 6% |
| Employers Liability (Package) | 15% |
| Employers Liability (Stand Alone) | 6% |
| Management Liability Package | 17.5% |
| Management Liability Package - NB | 25% |
| Motor Trade (Property & Liability covers) | 15% |
| Public Liability | 10% |
| Public Liability (Package) | 15% |
| Public Liability (Stand Alone) | 10% |
| Technology E&O and Cyber Liabilities | 20% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| APARTMENT BLOCK | 15% |
| Commercial Combined | 15% |
| Commercial Package | 15% |
| Commercial Vehicle | 5% |
| Directors & Officers | 17.5% |
| Fleet Insurance | 5% |
| Golf Select | 20% |
| Motor Fleet | 5% |
| Motor Trade Road Risks | 5% |
| Motor Trade Road Risks - NB | 10% |
| Motor Traders | 5% |
| Motortrade | 10% |
| Property Covers (Package or Stand Alone but excluding Motor Trade) | 15% |
| Property Owners | 15% |
Willis Towers Watson Insurances (Ireland) Limited t/a Willis Towers Watson
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 10% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission € | Commission % |
|---|---|---|
| Asgard Private Car | €5 | 5% |
| Motor Damage | - | 10% |
| Multi Vehicle | - | 5% |
| Private Car | - | 10% |
Other
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Contractors Works | 10% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission € | Commission % |
|---|---|---|
| Combined Liability | - | 9% |
| Combined Liability | - | 9% |
| Employers Liability | - | 6% |
| Motor Traders - Liabilities | - | 14% |
| Public Liability | - | 10% |
| SIM Liability | €7 | 7% |
| SIMI MOTOR TRADE - LIABILITY | - | 7% |
| Tradesure Liability | €15 | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission € | Commission % |
|---|---|---|
| Apartments | - | 17.5% |
| Asgard Bus & Coach 1-4 | €5 | 5% |
| Asgard Bus & Coach Fleet | €5 | 5% |
| Asgard Commercial Fleet | €5 | 5% |
| Commercial Combined | - | 10% |
| Commercial Package | - | 11.5% |
| Commercial Vehicle | - | 10% |
| Commercial Vehicle | - | 8% |
| 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% |
| Multi Risk | - | 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 % |
|---|---|
| Motor Damage | 5% |
| Private Car | 10% |
| Private Car / Light Commercial Vehicle | 5% |
| 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 | 10% |
| Carriers Liability | 10% |
| Combined Liability | 8% |
| Contractors Combined Liability | 12% |
| Liability Scheme | 12% |
| PUBLIC LIABILITY | 12% |
| Trades Liability | 12% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| HOUSEHOLD | 17.5% |
| Holiday Home | 17.5% |
| House | 17.5% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| ADF&T | 10% |
| ADF&T | 10% |
| Commercial Vehicle | 5% |
| Engineering | 10.5% |
| Inspection | 15% |
| MARINE INSURANCE | 5% |
| MOTOR FLEET | 5% |
| Mini Fleet | 10% |
| Multi Risk | 5% |
| Multi Vehicle | 10% |
| Own Goods | 10% |
| Rental Property | 17.5% |
| Special Types | 5% |
| Special Types | 5% |
| TRANSIT INSURANCE | 5% |
| Traders Transit | 5% |
| Traders Transit | 5% |
| Trailer ADF&T | 10% |
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 | 15% |
| Personal Accident Travel Pol. | 15% |
| Travel | 25% |
Professional Indemnity
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Professional Indemnity | 25% |
| Professional Indemnity | 15% |
| ZPI - Professional Indemnity | 15% |
Personal Motor
Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)
| Product | Commission % |
|---|---|
| Caravan | 15% |
| Motor Damage | 10% |
| Multi Vehicle | 5% |
| Private Car | 7.5% |
Liability
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Combined Liability | 10% |
| Employers Liability | 6% |
| Public Liability | 10% |
| Transit Liability | 18% |
Home and Contents Insurance
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Broker Household | 15% |
| Broker Household DA | 20% |
| Combined Caravan/Mobile Home | 15% |
| Holiday Home | 15% |
| Home Insurance | 22% |
| Household | 15% |
| Household | 15% |
| Household DA | 15% |
| Private Dwelling House Policy | 15% |
Commercial
Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).
| Product | Commission % |
|---|---|
| Accidental Damage | 12.5% |
| All Risks | 15% |
| Apartment Block Insurance | 10% |
| Apartment Block Policy | 15% |
| Building in the Course of Erection | 15% |
| Combined Property Policy | 12.5% |
| Combined Property Policy | 15% |
| Commercial Combined | 15% |
| Commercial Combined (U.K.) Pol | 15% |
| Commercial Liability Policy | 10% |
| Commercial Motor Vehicle | 6.5% |
| Commercial Property | 12% |
| Commercial Vehicle | 5% |
| Commercial Vehicle | 7.5% |
| Commerical Package | 20% |
| Computer | 15% |
| Computer All Risks" Policy" | 15% |
| Contractors All Risks" Policy" | 15% |
| Contractors Works | 15% |
| Contractors Works | 12.5% |
| Cyber Policy | 20% |
| Directors & Officers | 20% |
| ENP- Engineering | 15% |
| Elite Private Car | 7.5% |
| Engineering Insurance Inspection | 15% |
| Engineering Policy | 20% |
| Farm Fire Policy | 12.5% |
| Farm Policy | 12.5% |
| Fidelity Policy | 15% |
| Fire Schedule | 12.5% |
| Fire/Perils | 12.5% |
| Fire/Perils | 15% |
| Fleet Insurance | 5% |
| Fleet Motor Vehicle | 5% |
| Goods in Transit | 18% |
| Guest House All In" Policy" | 15% |
| HGV Fleet | 10% |
| Internal Risks | 10% |
| Legal Expenses | 15% |
| MRP - Marine | 15% |
| Marine | 20% |
| Marine Policy | 17.5% |
| Marine: Small Craft | 15% |
| Mini Fleet Vehicle | 5% |
| Motor Traders | 5% |
| Motor Traders Combined | 5% |
| Motor Traders Internal Policy | 10% |
| Multi Risk | 5% |
| Office Combined | 15% |
| Office Policy | 15% |
| Private All Risks" Policy" | 15% |
| Property Owners | 15% |
| Shop | 15% |
| Shopkeepers | 15% |
| Shops Policy | 15% |
| Small Craft/ Yacht Policy | 15% |
| Special Types | 5% |
| Special Types | 5% |
| Tradestar Office | 15% |
| Tradestar Property Owners | 15% |
| Tradestar Shop | 15% |
| Tradestar-Property Owners | 15% |
| Trailer | 15% |
| 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 % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Whole of Life | 90% | 18% | 12 |
Term Life Protection
A Term Life Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Term Protection | 180% | 40% | 12 |
Single Premium PRSA
| Product | Initial % | Recurring % |
|---|---|---|
| Single Premium PRSA | 5% | 0.75% |
Specified Illness
A Specified Illness Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Specified | 100% | 12% | 12 |
Savings
The Savings contract typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to ' clawback ' some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Renewal | Clawback Period (Months) |
|---|---|---|---|---|
| Savings | 10% | 0.5% | 1% | 48 |
Personal Retirement Savings Account RP (PRSA)
A Personal Retirement Savings Account or PRSA typically provides for an Initial Commission as outlined below with certain restrictions around PRSA’s. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Renewal | Clawback Period (Months) |
|---|---|---|---|---|
| Regular Premium PRSA | 30% | 0.75% | 5% | 48 |
Personal Retirement Bond (PRB)
The Pension Retirement Bond typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| PRB | 5% | 0.5% |
Mortgage Protection
A Mortgage Protection Product provides for an initial commission as outlined below. These policies have an inbuilt recurring commission structure to remunerate the Brokerage for reviews, service and claims support. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Clawback Period (Months) |
|---|---|---|---|
| Mortgage Protection | 180% | 40% | 12 |
Investment
An Investment Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to “clawback” some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| Investment | 5% | 0.5% |
Defined Contribution Pension
A Defined Contribution Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % | Renewal | Clawback Period (Months) |
|---|---|---|---|---|
| Regular Premium pension | 20% | 0.5% | 3% | 48 |
| Single premium pension | 5.5% | 0.5% | - | - |
Approved Retirement Fund (ARF)
An ARF / AMRF Product typically provides for an Initial Commission as outlined below. Brokerages may also agree with a client a recurring commission that may be based on a percentage of the value of the fund or the annual premium. If for some reason a client moves or terminates their policy within a particular period of time, this might result in the provider seeking to "clawback" some or all of the commission paid to the broker, depending on how long the policy was active with the provider.
| Product | Initial % | Recurring Commission % |
|---|---|---|
| ARF | 5% | 0.5% |