Michael Palermo & Associates Insurance Limited Disclosures

We strive to provide our clients with he best value possible for their insurance needs,
including our professional services and support. Brokerage compensation is part of your premium.

Below we have listed the carriers our brokerage partners with and we have included the range of compensation by percentage each represents in your premiums:

Carrier

Compensation

April Canada Inc. 7.5% – 15%
Aviva Canada 10% – 20%
Boiler Inspection 7.5% – 15%
Burns & Wilcox Canada ULC 7.5% – 15%
Chubb Canada 10% – 20%
Group One Underwriters 7.5% – 15%
Guarantee Company of North America 7.5% – 15%
Hagerty Canada 10% – 12.5%
Intact 10% – 20%
Jevco 5% – 12.5%
K&K Insurance Brokers Inc. 7.5% – 15%
Markel 7.5% – 15%
Pafco 5% – 12.5%
Pembridge 12% – 20%
Royal Sun Alliance 10% – 20%
Royal Sun Alliance Facility 5% – 10%
South Western Group 7.5% – 15%
Special Risk Insurance 7.5% – 15%
The Dominion of Canada 10% – 20%
The Totten Insurance
Group Inc.
7.5% – 15%
Travelers Canada 10% – 20%
Unica Insurance 10% – 20%

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    Member of the Insurance Brokers Association of Ontario (IBAO)
    and Registered Insurance Brokers of Ontario (RIBO)