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Statement of Brokerage Services and Compensation PCS Commission Ranges (last updated: September 26, 2006) As an independent insurance broker, the Private Client Services Practice represents several insurance companies. This allows us to recommend the best coverage to meet your insurance needs, combining coverage, service, and price. Marsh's Private Client Services is committed to personalized service. Unlike a call centre environment, an experienced insurance professional will work with you to determine your coverage requirements and handle the servicing of your account on an ongoing basis. Our knowledgeable client managers clearly explain coverage options and limitations, to help you understand the coverages provided by your policy. In the event of a claim, your dedicated client manager will provide objective claims advice. Should any issue arise regarding your insurance coverage, your client manager will advocate on your behalf to ensure your individual interests are well represented to the insurance company. We are compensated for these services solely by an upfront commission. Brokerage compensation is part of your insurance premium and is paid annually as a percentage of your overall premium by insurers for both new policies and policy renewals. For your benefit, listed below are the insurers and intermediaries whose products we offer and the range of compensation each provides. Should there be a change in the commission we receive from one of these insurers or intermediaries, these lists will be updated as soon as practicable. Thank you for your business. | PCS Commission Ranges by Insurer | | Company | Auto | Property | | AIG Private Client Group | | 15.0 - 20.0 | | AIU North America Inc. | | 15.0 – 17.0 | | Allianz Insurance Company of Canada | 10.0 – 12.5 | 20.0 | | American Home Assurance | 17.5 | 15.0 – 20.0 | | Ascentus Insurance Ltd | 7.0 – 12.5 | 15.0 – 20.0 | | Aviva Canada | 10.0 – 12.5 | 20.0 | | Aviva Canada (Quebec only) | 13.5 | 21.0 | | Aviva Elite | 12.5 – 15.0 | 20.0 | | Aviva Traders | 10.5 – 13.5 | 20.0 | | AXA | 14.0 | 15.0 | | AXA Pacific Insurance Company | | 20.0 | | Boiler Inspection & Insurance Company of Canada | | 25.0 | | Citadel Insurance | 12.5 | 25.0 | | Chieftan Insurance | 12.5 | 20.0 | | Chubb Insurance Company of Canada | 10.0 – 13.5 | 10.0 – 21.0 | | Dominion of Canada General Insurance Company | 10.0 – 12.5 | 15.0 – 25.0 | | Guarantee Company of North America | 10.0 – 17.0 | 15.0 – 25.0 | | ING Group Commerce | 10.0 | 15.0 | | ING Insurance Company of Canada | 9.0 – 15.0 | 12.5 – 20.0 | | ING Novex | 12.5 | 20.0 | | ING Western Union | 10.0 – 12.5 | 20.0 | | Jevco Insurance Company | 10.0 – 15.0 | | | Kingsway General | 5.0 – 12.5 | | | Manitoba Public Insurance | 12.5 | | | Mitsui Sumitomo Insurance Company | 10.0 | 20.0 | | Nordique Insurance Company of Canada (Facility) | 7.5 – 11.0 or $250.00 flat fee | | | Pafco Insurance Company | 12.25 | | | Royal Facility | 7.5 -11.0 & $250.00 Flat fee | | | Royal & Sun Alliance Insurance Company of Canada | 10.0 – 12.5 | 20.0 – 22.5 | | Sovereign General Insurance Company | | 20.0 | | St. Paul Fire & Marine Company | | 15.0 | | Tokio Marine & Nichido Fire Insurance Company Ltd | 12.5 | 20.0 | | Western Assurance | 12.0 - 14.0 | 20.0 | | Zurich Insurance | | 20.0 | | PCS Commission Ranges by Intermediary | | Name | Auto | | | Autoglas Maintenance Inc. | 20.0 | | | Beacon Underwriting Ltd | 15.0 | | | CanAm Insurance | 5.0 – 35.0 | | | CBC UK Limited | 5.0 | | | Coast Underwriters Ltd | 20.0 | | | Equine Insurance Underwriters | 15.0 | | | Fairway Glass Ltd | 25.0 | | | Gulfstream | 5.0 | | | Kristo’s Glass Ltd | 25.0 | | | Marine Expert | 10.0 | | | Morin Elliott & Associates | 12.5 | | | Premier Marine Insurance Managers | 15.0 | | | Speedy Auto Glass | 20.0 | | | Travel Underwriters | 15.0 – 40.0 | | | XN Financial Services | 10.0 | |
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