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Financial Disclosure

Broker Compensation
As your insurance broker, 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 Automobile & Property Insurers that we represent and have included the compensation each provides as a percentage of your overall premium.

Automobile

Trafalgar Insurance Company of Canada*

14%

 

 

 

Jevco Insurance Company

5%

-

12.5%

 

Facility Association (Royal and SunAlliance)

7.5%

-

11%

capped @ $310.00

Property

Trafalgar Insurance Company of Canada*

19%

AVIVA Insurance Company of Canada

20%

Marine

Intact Insurance Company

15%

This commission percentage is paid annually for both new business and renewals. Some of the insurers listed insure only specialty products.

Should there be an increase in the commission schedule we receive from your insurer, or, any other material change that affects compensation arrangements, we will notify you.

In order for us to maintain strong relationships with quality insurers, we work with each other to provide the type of business they desire. The insurer marked above with an asterisk (*) recognizes our efforts through a Contingent (Profit) Commission contract. Payment of these Contingent (Profit) Commissions depends on a combination of growth, profitability (loss ratio), volume, retention and increased services we provide on behalf of the insurer. Contingent commission is not guaranteed. For more detailed information on Contingent Commission, please visit the individual company's website.

As of April 1, 2006, Grey Power Insurance Brokers Inc. was purchased by a subsidiary of Intact Financial Corporation. Grey Power and Trafalgar Insurance Company of Canada are members of Intact Financial Corporation. Grey Power Insurance Brokers Inc. products are underwritten by Trafalgar Insurance Company of Canada, services provided by Grey Power Insurance Brokers Inc.

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

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Call us toll-free
1-855-296-2525