Remuneration and Fees

Apex Insurance Brokers may be remunerated by the Insurance Companies and Product Producers by way of commission, to whom orders are transmitted for new business, on renewal of existing business and/or based on the levels of business introduced.

Remuneration details are available on request. We receive commission for the work involved in placing the cover and finalising the product with Insurers on your behalf. The amount of commission varies on the type of product and Product Producer. In some cases there is no commission paid. The amount of any commission received by Apex Insurance Brokers will not be deducted from any fee payable. In addition we may charge you a Professional fee (brokerage) usually as a percentage of the insurance premium on the following basis: In addition we may charge you a Professional fee (brokerage) usually as a percentage of the insurance premium on the following basis:

Product Flat Fee Maximum Fee
Household €50 Up to 35% of Premium
Private Motor €50 Up to 35% of Premium
Commercial Motor Up to 35% of Premium
Property Owners/Landlord Household Up to 35% of Premium
Commercial Business Up to 35% of Premium
Premiums €2,000 or Less Up to 50% of Premium
Midterm Switches/Alterations Up to €50 N/A
Claims Handling By agreement
Premium Finance Up to 5% of the Premium

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