Disclosure

Brokerforce Insurance Inc., Disclosure Policy Statement

It is important for you, our customer, to know our firm is a truly independent insurance brokerage. No insurance company owns shares in our company. Therefore, we are in a position to provide objective, unbiased professional service and advice on your insurance needs. We value this independence, and consider the maintenance of this independent stature to be of the highest importance.


Our statement on services provided:

Our role is to provide our clients with the best insurance value, combining coverage, service, and price. We also provide personalized, quality service that includes professional insurance advice, ongoing policy maintenance and claims support. When any issue arises regarding your insurance coverage, we are your advocate using our professional experience to best represent your individual interests.

Brokerforce Insurance Inc., Statement on broker contingent (profit) commission

In order for us to maintain strong relationships with quality insurers, we work with each to provide the type of business they desire. Our contracted insurance companies recognize our efforts through a contingent commission contract. Payment of contingent commissions may depend on profitability, volume, retention of business and continuous growth. Contingent commission is not guaranteed. For detailed information on contingent commissions, please refer to the individual company's website.

Our disclosure statements are made in the best interest of our clients. We encourage you to also consult the commitments made by the insurance industry and individual companies by consulting their websites or other available information.

 

Brokerforce Insurance Inc., Summary of Brokerage Commissions
(expressed as a percentage of premium)

Company

Personal  Auto

Personal  Property

Commercial Auto

Commercial Property

AM FREDERICKS

N/A

N/A

N/A

10-20

ATLANTIC MARINE

N/A

N/A

N/A

10-20

AVEC MANAGERS

N/A

N/A

N/A

10-20

AVIVA

7.5-12.5

20

7.5-12.5

10-20

BAYSIDE MARINE UNDERWRITERS

N/A

N/A

N/A

10-20

BOILER INSPECTION

N/A

N/A

N/A

20

CANADA WORLDWIDE

N/A

N/A

N/A

10-20

CENTRAL UNDERWRITING

N/A

N/A

N/A

10-20

CHARTIS

N/A

N/A

N/A

20

CHESTERFIELD MANAGERS

N/A

N/A

N/A

10-20

CHIEFTAIN

12.5

12.5

N/A

N/A

CHUBB

N/A

20

N/A

N/A

CREECHURCH UNDERWRITING

N/A

N/A

N/A

10-20

THE DOMINION(Travelers)

7.5-12.5

20

7.5-12.5

10-20

ENCON

N/A

N/A

N/A

10-20

EXCESS UNDERWRITING

N/A

N/A

N/A

10-20

FRANK COWAN

N/A

N/A

N/A

10-20

GROUPONE

N/A

N/A

N/A

10-20

HUB

N/A

N/A

N/A

10

INDUSTRIAL ALLIANCE

N/A

N/A

N/A

20

INTACT

7.5-12.5

20

7.5-12.5

10-20

MARKEL

N/A

N/A

7.5-12.5

N/A

NATIONAL BROKER

N/A

N/A

N/A

10-20

PAFCO INSURANCE

12.5

N/A

N/A

N/A

PAL

N/A

N/A

N/A

20

PREMIER MARINE

N/A

N/A

N/A

10-20

ROYAL SUN ALLIANCE FA

2-11

N/A

7.5-10

N/A

SOUTHWESTERN UNDERWRITING

N/A

N/A

N/A

10-20

SPECIALTY UNDERWRITING

N/A

N/A

N/A

10

SPORTS FITNESS

N/A

N/A

N/A

10

ST PAUL

N/A

N/A

7.5-12.5

10-20

TOTTEN GROUP

N/A

N/A

N/A

10-20

TRAVEL INSURANCE

N/A

N/A

N/A

10-30

WAWANESA

7.5-12.5

20

7-12.5

10-20

UNICA INSURANCE

7.5-12.5

20

7.5-12.5

10-20

WYNWARD INSURANCE GROUP

NA

NA

NA

10-20