TO OUR CUSTOMERS:

OUR BROKER COMPENSATION

Thank you for your business. As your Independent Insurance Broker, we purchase insurance products and services on your behalf that are available, affordable, and understandable.

Our role is to provide you with the best insurance value that combines 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 interest.

Brokerage compensation is part of your insurance premium. For your benefit, we have listed below Personal Automobile Insurers that we represent and have included the range of compensation each provides as a percentage of your overall premium. 

•  AXA Canada* – 10% to 12.5% 
•  Aviva* – 10% to 12.5%
•  RSA Insurance* - 10% to 12.5% 
•  Pembridge* – 10% to 12.5%
•  Facility** (Royal & Nordique) –7.5% to 10% 
•  Intact Insurance* (formerly ING) - 10% to 12.5%
•  Algoma Mutual* – 10% to 12.5%
•  Echelon – 10% to 13.5%
•  Western Assurance* – 10% to 12.5% 
•  Pafco* – 10% to 12.5%
•  Jevco – 10% to 15% 
•  North Waterloo Farmers Mutual – 10% to 12.5
•  Peel Maryborough Mutual* – 10% to 12.5%

**commission is capped at $250.00

We have also listed below Personal Property Insurers that we represent and have included the range of compensation each provides as a percentage of your overall premium. 

•  AXA Canada* –20% 
•  Aviva* –20%
•  RSA Insurance* –20%
•  Pembridge* –20%
•  Peel Maryborough Mutual* – 17.5% to 20% 
•  Intact Insurance* (formerly ING) - 20%
•  Algoma Mutual* – 17.5% to 22% 
•  Western Assurance* –20%
•  Aviva – 15% to 20%
•  South Western Group – 10% to 15%
•  Totten Group – 10% to 15%
•  Beacon Underwriting – 10%
•  North Waterloo Farmers Mutual– 20%
•  Premier Marine – 15% 
•  Coast Underwriting  – 10% to 20%

This commission percentage is paid annually for both new business and renewals.

Should there be an increase in the commission schedule we receive from your insurer, or, any other material change that affects compensation arrangements, we will notify you.

In order for us to maintain strong relationships with quality insurers, we work with each to provide the type of business they desire. The Insurers with an asterisk noted above recognize our efforts through a Contingent (Profit) Commission contract. Payment of this Contingent (Profit) Commission may depend on a combination of growth, profitability (loss ratio), volume, retention and increased services that we provide on behalf of the Insurer. Contingent (profit) Commission is not guaranteed. For detailed information on Contingent Commission, please go to the individual company’s website.

"Equisure Financial Network ("Equisure"), an affiliate of Intact Insurance (formerly ING Insurance), has a direct ownership interest in our brokerage. We currently also have interest-bearing financing at market rates provided by Intact Insurance.""

Your Insurer will be providing you with a Consumer Code of Rights and Responsibilities, which will be forwarded to you with your new business policy. If you have any questions regarding this or any other aspect of your insurance please contact us.

Blue Sky Financial Group Inc.