fbpx

Commission Arrangements

We, Insight Insurance Brokers Limited act as 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 Brokers, 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 Broker which it has agreed with its product producers.

What is commission?

For the purpose of this document, commission is the payment earned by the Broker 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.

There are different types of commission models:

Single commission model:

where payment is made to the Broker shortly after the sale is completed and is based on a percentage of the premium paid/amount invested/amount borrowed.

Indemnity commission

Indemnity commission is the term used to describe a commission payment made before the commission is deemed to be ‘earned’. Indemnity commission may be subject to a clawback (see below) if the consumer lapses or cancels the product before the commission is deemed to be earned.

 

Other forms of indemnity commission are advances of commission for future sales granted to Brokers in order to assist with set up costs or business development.

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 Broker 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.

Investments

Investment firms, which fall within the scope of the S.I. 375 of European Communities (Markets in Financial Instruments) Regulations 2017 (the MiFID Regulations), offer both standard commission and commission models involving initial and recurring commission. Increments may be based on a percentage of the investment management fees, or on the value of the fund.

Clawback

Clawback is an obligation on the Broker 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 Broker 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. Include arrangements etc

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.

AIG Europe S.A

Travel Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

PA/Travel

20%

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

 

PI Rapidcover

22.50%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

D&O, Crime, PTL, EPL, Entity Rapidcover (Bus Guard)

20%

PL Rapidcover

17.50%

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 %

Com Comb Rapidcover

20%

Cyber Rapidcover

25%

Excess Rapidcover

22.50%

Marine Rapidcover

20%

Office Rapidcover

20%

Prop Own Rapidcover

20%

Shops Rapidcover

15%

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 AIG

20%

Professional Indemnity Insurance Allianz

20%

Professional Indemnity Insurance Chubb

20%

Professional Indemnity Insurance Dual

27.50%

Professional Indemnity Insurance Irish Public Bodies Mutual Insurance

17.50%

Professional Indemnity Insurance Hiscox

27.50%

Professional Indemnity Insurance Liberty

20%

Professional Indemnity Insurance Zurich

20%

Professional Indemnity Insurance XL Insurance

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 %

Private Car (Personal Lines) Chubb

12.50%

Private Motor Insurance Chubb

12.50%


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 Aon

20%

Combined Liability Allied World Assurance Company

20%

Combined Liability Berkshire Hathaway

15%

Combined Liability RSA

25%

Combined Liability Zurich

15%

Directors & Officers Liability – Chubb

25%

Directors & Officers Liability – Hiscox

20%

Directors & Officers Liability – Liberty

20%

Directors & Officers Liability – Travelers

20%

Directors & Officers Liability (Golf) – Travelers

20%

Excess Liability – Chubb

20%

Excess Liability – Liberty

20%

Professional Indemnity Insurance – Allianz

20%

Professional Indemnity Insurance – Chubb

20%

Professional Indemnity Insurance – Dual

27.50%

Professional Indemnity Insurance – Hiscox

27.50%

Professional Indemnity Insurance – Liberty

20%

Professional Indemnity Insurance – XL Insurance

20%

Professional Indemnity Insurance – Zurich

20%

Property Owners Liability – Liberty

17.50%

Public Liability – Irish Public Bodies Mutual Insurance

17.50%

Public/Products Liability – The Underwriting Exchange

13.50%

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 Insurance – Hiscox

25%

Household Insurance – Azur Underwriting

25%

Household Insurance – Chubb

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 %

Aon Toal Planthire Scheme Commercial Package – Travelers Insurance

12.50%

Combined Directors & Officers and Employment Practices Liability Travelers Insurance

20%

Combined Liability – Aon

20%

Combined Liability – Allied World Assurance Company

20%

Combined Liability – Berkshire Hathaway

15%

Combined Liability – RSA

25%

Combined Liability – Zurich

15%

Commercial Combined Package – Liberty

20%

Commercial Combined Package – AIG

20%

Commercial Combined Package – Aviva

25%

Commercial Combined Package – Axa

20%

Commercial Combined Package – Chubb

20%

Commercial Combined Package – Ecclesiastical

22.50%

Commercial Combined Package – Irish Public Bodies

15%

Commercial Combined Package – Travelers Insurance

16.50%

Commercial Combined Package – XL Insurance

20%

Commercial Combined Package Zurich

25%

Commercial Package – AIG

20%

Commercial Package – Aon UK

28%

Commercial Package – Chubb

20%

Commercial Package NHI – Liberty

20%

Commercial Package – Zurich

11.25%

Commercial Property Policy – Berkshire Hathaway

15%

Commercial Vehicle – Liberty

10%

Commercial Vehicle – Zurich

5%

Computer All Risks – RSA

15%

Computer All Risks – Zurich

15%

Construction Liability Insurance – Liberty

15%

Construction Liability Insurance – XL Insurance

20%

Contractors All Risks Insurance (AW) – Northern Marine

20%

Contractors All Risks Insurance – Liberty

16.50%

Contractors All Risks – Northern Marine

20%

Cyber Liability Insurance – Hiscox

27.50%

Engineering – Aviva

15%

Engineering – Allianz

15%

Engineering – RSA

25%

Environmental Impairment Liability (EIL) – AIG

17.50%

Event Insurance – Hiscox

20%

Excess Public/Products Liability – Allied World

23%

Fine Art Insurance – Axa

20%

Fine Art Insurance – Hiscox

25%

Golf Buggy Insurance – Travelers Insurance

12.50%

Golfers Combined Package – Travelers Insurance

20%

Group Travel – AIG

20%

ICMA : Motor Fleet Insurance – Zurich

10%

ICMA : Private Motor Insurance – Zurich

10%

ICMA: Commercial Vehicle Insurance – Zurich

10%

Machinery Movement – RSA

25%

Marine Insurance (AW) – Northern Marine

25%

Marine Insurance – RSA

18.80%

Medical Malpractise – Hiscox

20%

Motor Fleet Insurance – Liberty

10%

Motor Fleet Insurance Travelers Insurance

12.50%

Motor Trade Road Risks – Travelers Insurance

14%

Motor Trade Road Risks – Zurich

5%

One-Plan Package – Chubb

20%

Personal Accident Insurance – AIG

20%

Personal Accident Insurance – Chubb

30%

Persona; Accident insurance – Travelers

20%

Private Car (Commercial) – Zurich

5%

Property/Business Interruption – Liberty

20%

Real Estate Property & Property Owners Liability – Zurich

20%

Rugby Clubs: Commercial Combined Package – Aviva

22%

Stud & Stable Insurance Package – Aviva

15%

Tennis Commercial Combined Package – Ecclesiastical Insurance

25%

Arachas

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 %

A/D Fire and Theft

12.50%

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 %

Self-Build

10%

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

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 %

Cleaners

11.25%

Cleaning Contractors

11.25%

Employers Contingent

10%

Security Contractors

12.50%

Recruitment Consultants

12.50%

Public Liability

10%

Trademaster

10%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

A/D Fire and Theft

12.50%

Commercial Combined

7.5%

Commercial Combined (Hiscox)

12.5%

Combined Liability

10%

Contractors Works

12.5%

Cyber Security

12.5%

Directors & Officers

10%

Engineering

7.5%

Fleet Insurance

5%

Personal Accident

7.5%

Property Owners

15%

 

Product

Commission %

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 €

Commercial

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

17.50%

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

5%

Motor ARB Ideal

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 %

AIG apartment blocks

12.50%

Commercial Combined

15%

Commercial Vehicle

5%

Motor Trade – ARB Motor Trade (COB 150)

7.50%

Motor Trade – ARB Motor Trade (COB 160)

5%

Motor Trade – Commercial Property Motor Trade (Internal)

10%

Commercial Property – JRP Property

15%

Commercial Property – Combined Liability

15%

Aviva Insurance 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%

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

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 €

Agri Business

15%

Commercial Motor (MV)

5%

Commercial Motor (MZ)

10%

Contract Works

20%

ENG INS – JC

20%

ENG INS – JF

Mixed

ENG INS – JM

20%

ENG INS – JP

Mixed

Motor Fleet Insurance

Mixed

Marine

18.78%

PACKAGES – AO

16%

PACKAGES – AS

16%

PACKAGES – US

15%

Trademark +

15%

AXA Insurance dac

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission €

Car

5%

Motor Cycle

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 %

Liability Combined

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 %

House

12.5%

Rental

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

5%

Farmers

17.5%

Commercial Motor (GCV)

5%

Commercial Motor (PSV)

5%

Fleet Insurance

5%

Business Combined

20%

Specials

5%

Brady Underwriting

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Business Protect (Retail, Office, Hospitality & Manufacturing)

15%

Admin & underwriting Fees Charged per Policy

€20-€50

Event Insure Product

10%

Legal Expenses – Event Insure

10%

Legal Expenses – All other Products

15%

 

Bump Insurance

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

6%

Broker Solutions Ireland

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

12.50%

Home Owner

12.50%

Rented Property

12.50%

Mobile Home

12.50%

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 %

Caravan Park

12.50%

Agricultural Vehicles

5%

Horse Boxes

5%

Special Types

5%

Other Commercial (Not specified above)

13%

Catalpa Underwriting Limited

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

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 %

Liability

10%

Corporate Underwriting

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Carriers Liability

18.775%

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 %

Marine Cargo

18.775%

Trailers & Containers

15%

Cover Centre Insurance 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 %

Apartment Landlord

15%

Apartment Owner Occupied

15%

Home Shield Holiday Home

15%

Home Shield Rental

15%

Home Shield Rental Bespoke

15%

Kidd Homeworkers

15%

Kidd Air B&B

10%

Kidd Holiday Home

10%

Kidd Mobile/Caravan

10%

Kidd Non-standard

10%

Kidd Unoccupied Property

15%

Kidd Unoccupied Private

10%

Kidd Owner Occupied

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

 

Light Commercial Vehicle

6%

Dual Underwriting Ireland

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

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

10%

Everest Underwriting

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Commercial Combined

17.5%

Property Owners (RE)

17.5%

Property Owners (NB)

20%

Fingal Insurances

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

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 %

Tree Surgeons/Forestry Liability

10%

ADFT Forestry Liability

10%

Landscapers Liability

10%

Marine, Goods in Transit, Carriers Liability

10%

 

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%

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 %

Public House Insurance

10%

Private House Insurance

10%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Apartment Block

10%

Vacant Building

10%

Special Types

5%

Contractors All Risk

10%

Small Craft Insurance

5%

Property Owners

10%

Self Build Insurance

10%

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%

Household Admin Fee (RE)

€20

Mobile Home

10%

Mobile Home Admin Fee (RE)

€20

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

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

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 (Car/Van)

5%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Household

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 %

Cyber

12.5%

Commercial

15%

Garage Combined

15%

Medical Malpractice

10%

Motor Trade

5%

Liberty Insurance

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %

Private Car

7.5%

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 %

Commercial Vehicle

10%

Marsh Ireland

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Charities

10%

Electrical Contractors

10%

Sports (not including IPB motor)

10%

McDonald, Dwyer, Reddy – Shield

Shield arranges numerous types of insurance products over many individual classes of business for their customers. This business is transacted in Lloyd’s of London with many of its syndicates and with various international insurance companies. As a result, commissions will differ between products and risks and are advised to Insight Insurance prior to inception or renewal of a policy and then specified clearly as your commission on subsequent account statements issued to Insight Insurance.

As a general rule however, we are able to advise that on average the commission Insight Insurance will receive from us will range from between 0% and 15% of the Insurer’s premium but this will be dependent on each risk, the class of business and the insurance provider.

We are aware of the importance to trade in the best interests of our clients and to ensure we do not risk impairing our obligation to satisfy regulatory requirements to avoid a potential conflict of interest arising between us, as well as between you and your clients. Accordingly, we confirm that the commission we offer Insight Insurance is not linked to income volume targets or business retention levels. Furthermore, we can also advise that we do not pay additional remuneration such as fees or other form of remuneration.

We trust this disclosure has satisfied the requirement to publish information for consumers.

Optis Insurances 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 %

Self-Build

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

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 %

Carriers Liability

12.50%

Combined Liability

15%

Equestrian Liability

5%

Public Liability

5%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Commercial Combined

15%

Contractors All Risks

15%

Personal Accident

15%

Property Owners/Real Estate

17.50%

Pub/Restaurant

15%

Pub/Restaurant Admin Fee

€100

Shop/Retail

15%

Office

15%

Goods in Transit – €1000

€12

Goods in Transit – €2000

€24

Goods in Transit – €5000

€30.25

Guesthouse

15%

Patrona 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 %

Non-standard Car

5%

Non-standard Van

5%

Private Car

5%

 

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Carriers Liability

10%

Combined Liability

5%

Equestrian Liability

5%

Public Liability

5%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

ADF&T

10%

AXA Haulage

5%

Commercial Vehicle

5%

Courier – Axa

5%

Courier

7.5%

Equestrian Property (EB)

7.5%

Fleet

7.5%

Horsebox – Axa

5%

Horses

Logistics Combined

15%

Logistics Vehicle

7.5%

Motorsport GIT

Motorsport

Own Goods Vehicle

7.5%

Rental Fleet

7.5%

Special Types – Axa

5%

Special Types

5%

Standard Haulage

5%

Taxi

5%

Transport Fleet

5%

Unmanned Aircraft

Plum Underwriting

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 %

Flex, Let, Retreat, Unoccupied & Retreat

20%

Homeworks

15%

Premier & Amethyst

20%

Prestige Underwriting Services (Ireland) Limited

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 %

Prestige Ireland Non Standard Private Car

8%

Prestige Ireland non Standard Private Car EDI

6%

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 %

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%

Prestige Ireland Motor Trade

7.5%

Prestige Ireland Non Standard CV

8%

Prestige Manual Product

Prestige ROI Coverall

15%

Securus Insurance 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 %

PA/Travel (Chubb)

10%

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 (CNA)

10%

Professional Indemnity (AXA XLl)

10%

Professional Indemnity (Chubb)

10%

Professional Indemnity (Citynet) Fee Payable

10%

Professional Indemnity (HCC INTER)

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 %

Chubb Masterpiece Motor

5%

HNW Motor – Dual

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 %

Cyber Liability (Various)

10%

Excess Liability (CNA Hardy)

10%

Excess Liability (Chubb)

10%

Property Owners (Chubb)

10%

Property Owners (Citynet) Fee

10%

Property Owners (Channel Syndicate)

10%

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Chubb Masterpiece Household

12.50%

Clinical Trials (Chubb)

10%

Commercial Combined (Chubb)

10%

Commercial Combined (Citynet) Fee

10%

D&O (Chubb)

10%

D&O (HCC)

10%

D&O (HCC) Fee Payable

€50

Engineering (HSB)

10%

Event Cancellation (Chubb)

10%

HNW Household – Dual

12.50%

Kidnap & Ransom (Chubb)

10%

Marine Cargo (CNA)

10%

POL – Securus – offline

10%

POL – Offline Fee Payable

€50min

POL – Securus – online

15%

POL – Online Fee Payable

€50min

Terrorism Cover (Citynet)

Vacant Property (Securus – offline)

10%

Vacant Property (Securus – online)

15%

Vacant Property – (Online) Fee Payable

€25

Specialist Underwriting Services 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 – Business

10%

Travel – Individual

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

12.50%

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 %

Chip Safe

15%

Gourmet Safe

15%

Property Owners

15%

Shop Safe

15%

Miscellaneous Safe

15%

Personal Accident/Illness

10%

Sertus

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%

Professional Indemnity

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %

Professional Indemnity

17.5%

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 Motor Non Full Cycle

5%

Home and Contents Insurance

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Household Non Full Cycle

15%

Liability

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Carriers Liability

20%

Employers Liability

6%

Public Liability

10%

 

Commercial

Typically for this product only an annualised commission is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s).

Product

Commission %

Apartment/Block of Flats

15%

Cargo

18.8%

Commercial Vehicle

5%

Combined

15%

Contractors All Risks

15%

Engineering

15%

Haulage

5%

Marine

15%

Office

15%

Own Goods

10%

Property

10%

Shop

15%

Traders

20%

Tasker & Partners 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 %

Commercial Combined

12.5%

Thomond 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

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 %

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 %

 

Contractors All Risks – Axis Underwriting Ltd via The Fiducia MGA

Co Ltd

12.50%

Contractors All Risks – Great American International Insurance (EU)DAC via Corin Underwriting Ltd

15%

Cyber

12%

Property Owners

15%

Personal Accident/Illness

10%

Material Damage & BI

15%

Travelers Insurance Co 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 %

Employers Liability (Package)

15%

Employers Liability (Stand Alone)

6%

Management Liability Package

17.5%

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 %

Motor Fleet

5%

Motor Trade Road Risks

5%

Property Covers

15%

Wrightway Underwriting Ltd.

Personal Motor

Typically for this product only an annualised commission or fee is paid out. There can be cases whereby an additional admin or service fee is required, which is disclosed and agreed by the client(s)

Product

Commission %

Private Car

5%

Private Car / Light Commercial 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 %

Carriers Liability

10%

Haulage Liability

8%

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 %

House

17.50%

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

 

ADF&T

10%

Trailer ADF&T

10%

Breakdown Assistance

5%

Engineering inspection

15%

Haulage Fleet (FV)

10%

Haulage Fleet (WF)

5%

Haulage Property

8%

Haulage Single Vehicle (TP)

10%

Haulage Single Vehicle (TR)

5%

Haulage Single Vehicle (WT)

5%

Mini Fleet

10%

Multi Vehicle

5%

Special Types

5%

Traders Transit

5%

XS Direct Ins. Brokers 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

5%

Zurich Insurance 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 %

Annual Travel Policy

15%

Group Personal Accident Travel

15%

Personal Accident Travel Pol.

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 %

Private Car

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 %

Broker Household

15%

Broker Household DA

20%

Combined Caravan/Mobile Home

15%

Household

15%

Household DA

20%

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 %

Apartment Block Policy

15%

Building in the Course of Erection

15%

Combined Property Policy

12.5%

Combined Property Policy

15%

Commercial Combined Policy

15%

Commercial Liability Policy (E.L)

6%

Commercial Liability Policy (P.L)

10%

Commercial Liability Policy (Products)

10%

Commercial Motor Vehicle

5%

Computer All Risks” Policy”

15%

Contractors All Risks” Policy”

15%

Engineering Policy

15%

Farm Fire Policy

12.50%

Farm Policy

12.50%

Fidelity Policy

15%

Fleet Motor Vehicle

5%

Guest House All In” Policy”

15%

Legal Expenses

25%

Marine Policy

17.50%

Mini Fleet Vehicle

5%

 

Miscellaneous Bonds Policy

15%

Motor Traders Combined (MIA &MIB 10%)

5%

Motor Traders Internal Policy

10%

Office Policy

15%

Private All Risks” Policy”

15%

Personal Accident Policy

15%

Group Personal Accident

15%

Personal Accident Road & Rail

15%

Residential Care Home Policy

15%

Shops Policy

15%

Small Craft/ Yacht Policy

15%

Tradestar Office

15%

Tradestar Property Owners

15%

Tradestar Shop

15%

Why you should talk to us first

  • Tailored insurance solutions for your business
  • We actively monitor insurers premium levels DAILY to ensure cost competitiveness for you
  • Management of Insurances by highly trained and qualified personnel
  • Complete access to proven insurance providers in Ireland, the UK and Europe.
  • We are fully regulated by the Central Bank of Ireland

GET A QUOTE

Tel | +353 21 4299002    Fax | +353 21 4299012    Email | info@insightinsurance.ie

Building 6500, Avenue 6000, Cork Airport Business Park, Cork

Copyright ©

Insight Insurance - All Rights Reserved | Company Registration No:341528
Insight Insurance is regulated by the Central Bank of Ireland.
Privacy Statement | Terms of Business | Commission Arrangements