Compensation
Table of Commissions
Consistent with industry practice, we receive compensation in the form of commissions as part of the insurance premium. The range of compensation for each company and class of business varies. The following outlines the range of compensation as a percentage of the premium.
Commission Schedule
PRL-Commission-Schedule 2025
The insurers noted above with an asterisk may pay us contingent profit commissions. Contingent commissions are not guaranteed. This commission is contingent on specific criteria being met. Though the criteria vary, in general, contingent commissions are conditional on the growth of business with the insurer, client retention, assisting the insurer with gathering underwriting information, and maintaining set loss or claims thresholds during a specific time period, typically annually. The contingent commission depends on factors relating to the overall size and/or profitability of a group of accounts over the course of the set period, not to the placement or profitability of any particular insurance policy. As a result, the amount of contingent commission attributable to a specific insurance policy will not be known at the time of placement.
Premium Financing
PRL has an arrangement with Imperial PFS Canada to provide premium financing quotes to our clients. PRL is compensated by Imperial PFS Canada an amount up to 1% of the total premium for the administrative services PRL provides to Imperial PFS Canada. If you have any questions regarding premium finance quotes, please contact your client executive.