Commission Disclosure Agreement

September 16 2024

At PLATFORM, our role is to provide you with the best insurance value combining coverage, service, and price. We also provide personalized, quality service including professional insurance advice, ongoing policy maintenance, and claims support. Below we have provided a list of insurance companies we represent and have included the range of compensation each provides as a percentage of your overall premium. This commission percentage is paid annually for both new business and renewals.

In order for us to maintain strong relationships with quality insurers, we match clients and their needs with the desired type of business of the respective insurers. The insurance companies, as indicated on the list, recognize our efforts through a Contingent Profit Commission (CPC) contract. Payment generally depends on some combination of growth, profitability (loss ratio), volume, retention, and increased services that we provide on behalf of the insurer. It is based upon our entire portfolio with that insurer and not on individual policies. Contingent Profit Commission is not guaranteed.

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

INSURER COMMISSION CPC WEBSITE
Affiliated FM Insurance Company 10% – 20% No www.affiliatedfm.com
AIG 5% – 20% No www.aig.ca
Allianz Global 10% – 20% Yes www.agcs.allianz.com
Allied World Assurance 10% – 15% No www.awac.com
Amynta Surety Solutions Canada 25% – 30% No www.amyntagroup.com
Arch Insurance 10% – 20% No www.insurance.archgroup.com
Aviva Canada 10% – 30% Yes www.avivacanada.com
Axis Reinsurance 10% – 20% No www.axiscapital.com
Beazley Canada 10% – 20% No www.beazley.com
Berkshire Hathaway 5% – 15% No www.berkshirehathaway.com
Berkley Insurance 10% – 15% No www.berkleycanada.com
Boxx Insurance 10% – 15% No www.boxxinsurance.com
HSB Canada (BI&I) 10% – 20% No www.munichre.com/hsbcanada/en.html
CFC Underwriting 10% – 20% No www.cfc.com
Chubb Insurance Company 10% – 25% Yes www.chubb.com
CNA 5% – 30% Yes www.cnacanada.ca
Definity (Economical Insurance) 7.5% – 20% Yes www.economical.com
Echelon 15% – 30% No www.echeloninsurance.ca
Everest Canada 10% – 20% No www.everestcanada.com
Global Aerospace 10% No www.global-aero.com
Great American Insurance 10% – 20% No www.greatamericaninsurancegroup.com
The Hartford 25% – 35% No www.thehartford.com
HDI-Gerling 10% – 20% No www.hdi-gerling.ca
Insurance Corporation of British Columbia 3% to 19% No www.icbc.com
Intact Insurance 10% – 35% Yes www.intact.ca
Liberty Mutual 10% – 30% No www.libertymutual.com
Lloyds of London 10% – 27.5% No www.lloyds.com
Mitsui Sumitomo Insurance Company (Chubb Affiliate) 10% – 20% No www.ms-ins.com
Nordic Insurance (Facility) 10% – 12.5% No www.facilityassociation.com
Northbridge Insurance 7% – 35% Yes www.nbins.com
QBE Services 10% – 20% No www.qbecanada.com
Sovereign General Insurance 10% – 27.5% Yes www.sovereigninsurance.ca
Starr Group of Companies 5% – 20% No www.starrgroup.com
Swiss RE 10% – 20% No www.swissre.com
Temple Insurance 10% – 20% No https://www.munichre.com/temple-insurance/en.html
Tokio Marine Canada 15% – 30% Yes www.tokiomarinecanada.com
Travelers Canada 10% – 30% Yes www.travelerscanada.ca
Trisura Guarantee 10% – 35% Yes www.trisura.com
Western Surety 10% – 30% Yes www.westernsurety.ca
Westport Insurance 15% – 20% No www.swissre.com
XL / Catlin 10% – 20% No www.axaxl.com
Victor Canada 10% – 20% No www.victorinsurance.com
Zurich Insurance Company 5% – 27.5% Yes www.zurichcanada.com