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 Insurers that we represent and have included the range of compensation each provides as a percentage of your overall premium that appears on your invoice.

In addition to the Insurance companies listed some insurers may from time to time place volume or mix of business restrictions on the broker limiting your choice of company ii) some insurers from time to time may have sales incentives and iii) we may use other wholesale managing general agents/brokers for non-standard property insurance and our compensation with them varies and can be in the form of either commission or fees.

Company	Commission %
Affiliated FM	10-15
Allianz Insurance Company	10-15
AVIVA Insurance Company of Canada *	7.5-20
AXA Art Insurance	20
Berkley	10-15
Beazley	15-20
Burns & Wilcox	15-20
Boiler Inspection and Insurance	15-20
Cambrian Special Risks	15-20
CFC Underwriters (Lloyd’s)	15-20
CHES Special Risks	15
Chubb Insurance	15-20
Chutter Underwriting Services	15
Complete Equity Markets (Lloyd’s)	10
Encon	10-15
Everest	10-15
GAMEday Insurance	10-15
Global Aerospace	10-15
Great American Insurance Group	10-20
Guarantee Co. of North America	12-30
Intact *	10-20
Liberty International Canada	10-15
Lloyd’s * #	10-25
Premier Canada	10-15
RSA Insurance	10-20
Southwestern Insurance	10-15
Totten Group	10-12.5
Travelers Insurance*	10-20
Trisura General Insurance	10-20
Wynward	15-20
XL Catlin*	10-15
Zurich	10-20

If your company is not listed, please contact us if you need to know our compensation.

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 Commission contract. Payment of this Contingent Commission depends on a combination of profitability (loss ratio), and/or growth (usually over a number of years) and/or increased services that we provide on behalf of the Insurer.

In some instances, the occurrence of few large losses on our book of business can disqualify us from receiving a contingent profit payment for one or more years.

For detailed information on Contingent Commission, please go to the individual company’s website.

On occasion we charge broker fees for services such as policy fee, inspections fee, site visits, certificates of insurance, contract reviews, risk management or advice based services. These fees are disclosed and negotiated with client in advance.

As a Broker we must declare to our customers if we have any other financial links that could be considered a conflict of interest. We can confirm:

• We do not have any direct or indirect ownership interest by an insurer or financial conglomerate
• We have no loans, credit facility with any Insurance Company.

Some Lloyd’s programs# are administered by Holman Insurance Brokers Ltd. We have engaged in a marketing process to offer a competitive product on a group basis with insurers but we have not acted as a broker for any individual customer. If for any reason, you, the customer are not satisfied, you may request a full refund within 14 days of purchase (provided you have not made a claim against the policy). Should your application not be accepted for whatever reason by the insurer, the information may be used by Holman to seek an alternative insurer if available.

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

If you have any additional questions or require any information regarding any of the compensation received by Holman Insurance Brokers Ltd. for any of its insurance brokerage services, please do not hesitate to contact us or visit our website at www.holmanins.com

Rev Sept 2019