Brokerage Services & Compensation
To Our Customers:
Atrens-Counsel Insurance Brokers, a division of Arthur J. Gallagher Canada Limited appreciates the opportunity you have given us to act on your behalf as your insurance advisor.
As your 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 professional experience to best represent your individual interest.
Brokerage compensation is part of your insurance premium. For your benefit, we have listed the Insurers that we represent and have included the range of compensation each provides as a percentage of your overall premium for new and renewal business.
In order for us to maintain strong relationships with quality insurers, we work with each to provide the type of business they desire. The insurer’s with an asterisk (*) 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, and retention of business with each individual insurer. Contingent (Profit) Commission is not guaranteed. For information on Contingent (Profit) Commissions, please go to the individual company’s website.
ABEX o/b Affiliated Brokers Exchange
ACE
AIG
AVIVA*
BOILER INSPECTION
CHUBB*
CHUBB INSURANCE SOLUTIONS AGENCY INC.
ELLIOTT SPECIAL RISKS
ECONOMICAL*
EVEREST
GUARANTEE COMPANY OF NORTH AMERICA
INTACT*
NOVEX GROUP INSURANCE*
JEVCO
PERTH
PREMIER MARINE
QBE
ROYAL & SUN ALLIANCE INSURANCE COMPANY OF CANADA*
ROYAL & SUN ALLIANCE INSURANCE COMPANY OF CANADA (Facility) – 5% Subject to $250. Cap.
WA INSURANCE
ZURICH |
All Companies Range 10% to 20% |
In addition to the Insurance Companies we represent under contract, as indicated above, Arthur J. Gallagher Canada Limited will place risks with Specialty Markets when it is in our clients’ best interest. In most cases, these specialty markets provide compensation at a lower rate than the Insurers we represent. In some cases, it may be necessary for us to charge a fee in lieu of or in addition to the commission payable under the insurance policy.
Additionally, all policies are subject to the Code of Consumer Rights and Responsibilities provided by your insurance company.
Once again, thank you for selecting Atrens-Counsel Insurance Brokers, a division of Arthur J. Gallagher Canada Limited to handle your insurance needs. We are committed to strive in every way possible, to meet your expectations. We would be pleased to answer any questions or hear any suggestions you may have to help in our effort to serve you.
Atrens-Counsel Insurance Brokers, a division of Arthur J. Gallagher Canada Limited.