Rai Grant Insurance Brokers

140 Renfrew Drive, Suite 230
Markham, ON L3R 6B3
1-905-475-5800 1-800-561-6195

Rai Grant Insurance Brokers
Brokerage compensation is part of the insurance premium you pay. For your benefit, we have listed below the Insurers that we represent and have included the range of compensation each provides as a percentage of your total premium.

Aviva Dominion of Canada Economical Mutual
Intact Wawanesa Lombard
Markel Axa Sovereign General
Chieftain Nordic Facility Auto Pafco
Royal & Sun Alliance Western Assurance Zurich

Auto coverages 7.5% to 12.5%
Property coverages 15% to 20%
Liability coverages 10% to 20%

There are also occasions when because of market capacity we will place coverage with other insurance brokers, intermediaries or insurers with whom we do not have a contractual relationship. Commissions are paid on these placements and can be declared to you on a case by case basis, but are usually lower than indicated above. This commission percentage is paid annually for both new business and renewals.

We deal with a variety of insurers to meet the needs of our clients. In order for us to maintain strong relationships with quality insurers, we work with each to provide the type of business they desire. Some of the Insurers noted above recognize our efforts through a Contingent (Profit) Commissions contract. 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 insurance company's websites.

If you have any additional questions or require any information regarding any of the compensation received by Rai Grant Insurance please do not hesitate to contact us.