The Broker Gateway

Charges and Commission Terms

Please note that from March 1st 2008, all new policies and renewals will carry a £15 placement fee.

Please note where payments are made by Credit Card we are charged by Credit Card Companies on every transaction that is made. Therefore with immediate effect (04/11/2008) all clients who are paying in full with a Credit Card Only, for New Business or Renewals will have to pay an additional 2.5% of the value of the transaction, subject to a minimum charge of £5.

Policy Charges

Further charges that you may incur during the period of any cover are:

Type
Fee Payable
 
New Business Placement
£15
Renewal Placement
£15
Adjustment For Any Mid Term Changes
£15
Duplicate Document
£15
Cancellation
£15


We will also clawback our commission on any return premiums.
 
Personal Lines
Product Name
Commission Range Payable
 
Commercial Vehicle
7.5%
Motorcycle
7.5%
Private Motor
7.5%
Executive Home
12.5%
Touring Caravan
12.5%
Private Household
15%
Annual/Single Trip Travel
20%
Taxi
5% to 7.5%
Vehicle Breakdown Recovery
25% to 30%
Uninsured Loss Recovery
FREE
 
Micro Commercial Lines
Product Name
Commission Range Payable
 
Package Shop
12.5% to 15%
Tradesmen's Liability
12.5% to 15%
Commercial Property
12.5% to 15%
Holiday Homes
17.5% to 20%
Unoccupied Property
17.5% to 20%
Rented Property
22.5% to 25%
Engineering Inspection
5% to 10%
 
Complex Commercial Lines
Product Name
Commission Range Payable
 
Commercial Combined
7.5% to 15%
Fixed Machinery
5% to 10%
Motor Fleet
5% to 10%
Plant Hire
5% to 7.5%
Professional Indemnity
10%
Motor Trade
5%
High Risk Liability
5% to 10%
 

Please note that commission levels may occassionally vary outside the scales detailed above subject to underwriters terms.