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Broker Compensation Disclosure
Thank you for your business.  As your Independent Insurance Broker, we purchase products and services on your behalf that are available, affordable, and understandable.

EQUA Specialty Risk Partners Corporation (“EQUA”) is an independent risk and insurance broker whose role is to provide you with the best insurance value for your money 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 the insurers that we represent on the following page and have included the range of compensation each provides as a percentage of your overall premium.

This commission percentage is paid annually for both new business and renewals.  Should there be a change in the commission schedule we receive from your insurer, or any other material change that affects compensation arrangements, we will update this statement accordingly.

For us to maintain strong relationships with quality insurers, we work with each to provide the type of business they desire.  The Insurers noted with an asterisk recognize our efforts through a Contingent (Profit) Commission contract.  The payment of this Contingent (Profit) Commission may depend on a combination of growth, profitability, (loss ratio), volume, retention and increased services that we provide on behalf of the Insurer.  Contingent (Profit) Commission is NOT guaranteed.  For detailed information on Contingent Commission, please go to the individual company’s website.

From time to time, typically on large, complex insurance programs over multiple jurisdictions, EQUA may negotiate a fee with a client rather than earn a commission (as described above). The fee is usually a function of the level of services and resources determined between the client and EQUA.

We also have specific insurance programs written exclusively with one or more insurer(s) in which we have entered an exclusive contract.  We will advise you if you are being considered for one of these insurance programs.

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

Insurance Broker Compensation Disclosure

Insurance Broker Compensation Disclosure    
Insurance Company and/or Managing General Agents   Commission % Range (depending on placement type)
AEGIS   0% - 20%
Allied World Specialty Insurance Company   0% - 20%
April Canada   0% - 15%
Aviva Insurance Company of Canada * 0% - 20%
Aviva Insurance Company of Canada - Surety * 0% - 30%
AXIS Insurance   0% - 20%
BOXX Insurance Inc   0% - 15%
Beazley Canada Limited   0% - 20%
BI&I * 0% - 20%
CANSURE Underwriting   0% - 15%
CHES Specialty Risks Inc   0% - 15%
CHUBB Canada * 0% - 20%
Eagle Underwriting Group Inc   0% - 15%
Economical Insurance * 0% - 20%
GameDay   0% - 15%
Global Aerospace   0% - 15%
Great American Insurance Group   0% - 20%
Hartford (The) Financial Services Group Ltd   0% - 20%
HDI Global Canada   0% - 20%
K&K Insurance Brokers Inc Canada   0% - 15%
Liberty Mutual Canada   0% - 20%
Markel Canada   0% - 20%
Nextwave Insurance   0% - 15%
Premier Group    0% - 15%
Professional Risk Underwriting Inc   0% - 15%
QBE Canada   0% - 20%
RSA Canada * 0% - 20%
Sovereign General Insurance * 0% - 20%
Starr Insurance & Reinsurance Limited   0% - 20%
Starr Technical Risks   0% - 15%
Stewart Specialty Risk Underwriting Limited   0% - 15%
Strategic Underwriting Managers Inc   0% - 15%
Swiss Re Corporate Solutions (Westport Insurance)   0% - 20%
Travelers Canada * 0% - 15%
Trinity Underwriting   0% - 15%
Trisura Guarantee Insurance Company * 0% - 20%
Trisura Guarantee Insurance Company - Surety * 0% - 30%
Unique Risks   0% - 15%
*Indicates Insurers with whom EQUA Specialty Risk Partners Corporation has a Contingent Profit Commission agreement