Broker Commission Disclosure
Our Role
We are licensed insurance brokers who work with a number of insurers to provide you with coverage that meets your needs. As your broker, we act on your behalf—not on behalf of any insurer—to help you find appropriate insurance protection at a competitive price.
Our Compensation
When you purchase insurance through us, we receive a commission from the insurer. This commission is a percentage of your premium before taxes and is paid annually for both new and renewal policies.
Typical commission ranges are as follows:
| Insurer | Product Type | Commission Range |
|---|---|---|
| Aviva Insurance Company of Canada | Automobile Insurance | 7.5 – 15% |
| All Classes (Excluding Surety) | 12.50% | |
| Umbrella Policies | 20% | |
| Specialty Products | 10 – 30% | |
| Lloyd’s Underwriters | Specialty Products | 10 – 30% |
| Tokio Marine Canada Ltd. | Specialty Products | 10 – 30% |
If there are any additional fees (e.g., policy administration or financing fees), they will be disclosed to you before you finalize your purchase.
Contingent (Profit Sharing) Commission
In addition to standard commissions, we may receive contingent or profit-sharing compensation from some insurers. These payments are not guaranteed and depend on factors such as overall profitability, volume, and growth with that insurer. These arrangements do not influence the advice or product recommendations we provide to you.
Conflicts of Interest
We take potential conflicts of interest seriously.
- We are a subsidiary of Aviva Canada
- Bamboo Premium Financing Inc. is affiliated with O2 Insurance Services Inc. through common ownership.
- If a product is distributed by an affiliated company or under a branded program, that relationship will be clearly disclosed.
- Our primary duty is to ensure products offered are suitable and meet regulatory expectations for fair treatment of customers.
Questions or Concerns
If you have any questions about how we are compensated or about the products we manage, please contact us at:
