Ivantage Insurance Brokers is compensated through commissions and fees paid by Property and Casulty Insurers
for the sale of insurance products. Below is the percentage range in compensation that Ivantage Insurance Brokers
receives as commission on the sale of insurance products.
| Company |
Commission Range |
| Aviva Canada |
10% to 20% |
| Chubb Insurance |
10% to 15% |
| Gore Mutual |
10% to 20% |
| Hagerty Canada |
15% |
| Pafco Insurance |
10% to 12.5% |
In addition to the commissions and fees received for the sales of insurance products, periodically we have
the potential to receive a contingent commission. This commission is dependent upon the profitability
and growth of business written with the Insurance Company.