Disclosure of Insurer Relationships and Our Broker Compensation
As your independent insurance broker, we purchase insurance products and services on your behalf from Canada’s leading insurance companies.
Our role is to provide you with the best insurance value combining coverage, service and price.
We provide personalized, quality service that includes professional insurance advice, ongoing policy maintenance and claims support. When any issue arises regarding your insurance coverage, we’re your advocate, using our professional experience to best represent your interests. Our independence allows us to provide unbiased advice based on your circumstances.
How we are paid for the services we provide
Insurance companies provide us with compensation (“commission”) annually for both new and renewal business. This commission is paid annually as a percentage of your overall premium, or as a separate fee arrangement with you, the client. Should there be an increase in the commission we receive from your insurance company, or any other material change that impacts commission, we will notify you directly. The company amounts and range of commission varies across insurance companies and class of business.
Personal Insurance–Automobile Commissions
| Name of Insurer | Range of Standard Commissions | CPC | Website |
|---|---|---|---|
| Aviva Insurance Company | 12.5% | Yes | avivacanada.com |
| CAA Insurance | 12.5% | Yes | caainsurancecompany.com |
| Chubb Insurance | 10.0% | Yes | chubb.com |
| Echelon General Insurance Company | 12.5% | Yes | echeloninsurance.ca |
| Economical | 10%–12.5% | Yes | economical.com |
| Elite | 12.5%–20% | Yes | avivacanada.com |
| Edge Mutual | 12.5% | Yes | edgemutual.com |
| The Guarantee Company of North America | 12.5% | Yes | theguarantee.com |
| Gore Mutual | 12.5% | Yes | goremutual.ca |
| Hagerty | 12.5% | Yes | hagerty.ca |
| Heartland Farm Mutual | 12.5% | Yes | heartlandfarmmutual.com |
| Halwell Mutual | 12.5% | Yes | halwellmutual.com |
| Intact Insurance | 10%–12.5% | Yes | intact.ca |
| Jevco Insurance Company | 12.5% | Yes | jevco.ca |
| Northbridge Insurance | 10%–12.5% | Yes | nbins.com |
| Novex Insurance | 10%–12.5% | Yes | intact.ca |
| Royal and Sun Alliance Insurance | 10%–12.5% | Yes | rsagroup.ca |
| Travelers | 12.5% | Yes | travelerscanada.ca |
Personal Insurance–Residential and Other Commissions
| Name of Insurer | Range of Standard Commissions | CPC | Website |
|---|---|---|---|
| Aviva Insurance Company | 20% | Yes | avivacanada.com |
| CAA Insurance | 20% | Yes | caainsurancecompany.com |
| Chubb Insurance | 15%–20% | Yes | chubb.com |
| Echelon General Insurance Company | 15% | Yes | echeloninsurance.ca |
| Economical Insurance | 17.5%–20% | Yes | economical.com |
| Edge Mutual | 20% | Yes | edgemutual.com |
| The Guarantee Company of North America | 20% | Yes | theguarantee.com |
| Gore Mutual Insurance | 20% | Yes | goremutual.ca |
| Heartland Farm Mutual | 20% | Yes | heartlandfarmmutual.com |
| Halwell Mutual Insurance Company | 20% | Yes | halwellmutual.com |
| Intact Insurance | 15%–20% | Yes | intact.ca |
| Northbridge Insurance | 20% | Yes | nbins.com |
| Novex Insurance | 15%–20% | Yes | intact.ca |
| Pacific Marine Underwriting | 15% | No | pacificmarine.ca |
| Premier Marine | 15% | No | premiergroup.ca |
| Travelers | 12.5% | Yes | travelerscanada.ca |
Commercial Insurance–Property and Casualty Commissions
| Name of Insurer | Range of Standard Commissions | CPC | Website |
|---|---|---|---|
| AIG Insurance Company of Canada | 7.5%–10% | No | aig.com |
| Aviva Canada | 7.5%–25% | Yes | avivacanada.com |
| Beazley Canada Limited | 10.0%–15.0% | No | beazley.com |
| BIS Risk Solutions | 8.0% | No | bisrisksolutions.com |
| Chubb Insurance Company | 10.0%–20.0% | Yes | chubb.com |
| Chutter Underwriting Services | 15.00% | No | chutteruw.com |
| CNA | 12.5%–27.5% | Yes | cnacanada.ca |
| Economical Insurance | 7.5%–25.0% | Yes | economical.com |
| Group One Underwriters | 10.0%–15.0% | No | grouponeis.com |
| The Guarantee Company of North America | 10.0%–27.5% | Yes | theguarantee.com |
| Heartland Farm Mutual | 10.0%–20.0% | Yes | heartlandfarmmutual.com |
| HSB BI&I | 10.0%–20.0% | Yes | biico.com |
| Intact Insurance | 10.0%–25.0% | Yes | intact.ca |
| Intact Public Entities | 5.0%–15.0% | No | intactpublicentities.ca |
| Liberty Mutual | 10.0%–20.0% | No | libertymutualcanada.com |
| Markel Canada | 7.5%–15.0% | No | markelinternational.ca |
| Northbridge Insurance | 7.5%–20.0% | Yes | nbins.com |
| Old Republic Insurance | 7.5%–10.0% | No | oldrepublic.com |
| Pitcher & Doyle | 12.0%–20.0% | No | pitcheranddoyle.com |
| RSA Group | 7.5%–20.0% | Yes | rsagroup.ca |
| Sovereign Insurance Company | 10.0%–27.5% | Yes | sovereigngeneral.com |
| Travelers Canada | 10.0%–25% | Yes | travelerscanada.ca |
| Totten Group Insurance | 7.5%–15% | No | tottengroup.com |
| Zurich Insurance Company | 10.0%–25.0% | Yes | zurichcanada.com |
Commercial Insurance–Surety Commissions
| Name of Insurer | Range of Standard Commissions | CPC | Website |
|---|---|---|---|
| Aviva Canada | 15.0%–27.5% | No | avivacanada.com |
| CNA | 15.0%–30.0% | No | cnacanada.ca |
| Economical Insurance | 15.0%–25.0% | No | economical.com |
| The Guarantee Company of North America | 15.0%–30.0% | No | theguarantee.com |
| Intact Insurance | 15.0%–30.0% | No | intact.ca |
| Sovereign Insurance Company | 15.0%–30.0% | No | sovereigninsurance.com |
| Travelers Canada | 15.0%–27.5% | No | travelerscanada.ca |
| Trisura | 15.0%–30.0% | No | trisura.com |
| Western Surety | 15.0%–27.5% | No | westernsurety.ca |
| Zurich | 15.0%–25.0% | No | zurichcanada.com |
Some of the insurance companies we work with provide us additional compensation through Contingent Profit Commission (CPC). Payment of CPC generally depends on a combination of growth, profitability (loss ratio), volume, retention and increased services that we provide on behalf of an insurance company. It’s based upon our entire portfolio with that insurance company and not on individual policies. CPC isn’t guaranteed.
For detailed information on CPC, please visit your insurance company’s website.
Cowan Insurance Group is affiliated with Fountain Street Finance Incorporated through common ownership which operates under separate management.
Your Rights and Responsibilities
At Cowan Insurance Group we’re committed to protecting your rights as consumers. These include the right to privacy, to be fully informed and treated with respect, and to have timely claims handling and complaint resolution. As a consumer, you also have important responsibilities under the insurance contract. You’re responsible for understanding your needs, asking questions, and providing accurate information to your broker and insurer.
You can read more about your rights and responsibilities on the Insurance Bureau of Canada’s website: Code of Consumer Rights and Responsibilities.