We, Gallivan Murphy Insurances Brokers Limited act as Broker between you, the consumer, and the product provider with whom we place your business.
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The Background
Pursuant to Central Bank (supervision and Enforcement) Act 2013 (Section 48)
(Consumer Protection) Regulations 2025 (Section 17A) (Standards for Business)
Regulations 2025, all Brokers, must make available in their public offices, or on their
website if they have one, a summary of the details of all arrangements for any fee,
commission, other reward or remuneration provided to the Broker which it has agreed
with its product producers.
What is Commission?
For the purpose of this document, commission is the payment earned by the Broker for
work undertaken on behalf of both the provider and the consumer. The amount of
commission is generally directly related to the quantity or value of the products sold.
We are remunerated by commission and other payments from product producers.
When assessing products, we will consider the different approach taken by product
providers in terms of them integrating sustainability risks into their product offering. This
will form part of our analysis for choosing a product provider. Our Brokerage
commission options are displayed as a range, showing the maximum amount which
can be received. The level of commission depends on individual circumstances, based
on the following factors: The factors that may impact a variation in charges include;
- Client segmentation
- Adviser discretion
- Competitive pressures
- Investment/pensions/saving size
- Schemes size
- Term/timeline of a policy or service
- Complexity of advice
| Single commision model: |
where payment is made to the Broker shortly after the sale
is completed and is based on a percentage of the premium
paid/amount invested/amount borrowed.
|
| Recurring commission model:
|
For Pensions, Savings & Investments recurring commission
refers to further payments at intervals that are paid
throughout the life span of the product & may be based on a
percentage of the value of the fund or the annual premium.
For Protection products recurring commissions refers to
further payments at intervals that are paid throughout the
life span of the product & are based of the annual premium.
|
| Indemnity commission
|
Indemnity commission is the term used to describe a
commission payment made before the commission is
deemed to be 'earned'. Indemnity commission may be
subject to a clawback (see below) if the consumer lapses or
cancels the product before the commission is deemed to
be earned.
|
Other forms of indemnity commission are advances of commission for future sales
granted to Brokers in order to assist with set up costs or business development.
General Insurance Products
General insurance products, such as motor, home, travel, health, retail or liability
insurance, are typically subject to a single or standard commission model, based on the
amount of premium charged for the insurance product.
Profit Share arrangements
In some cases, the Broker may be a party to a profit-share arrangement with a product
provider and will earn additional commission. Any business arranged with these
product providers on a client's behalf will be placed with the product provider because
that product provider is at the time of placement, the most suitable to meet the client's
requirements, taking all the client's relevant information, demands and needs into
account.
Clawback
Clawback is an obligation on the Broker to repay unearned commission. Commission
can be paid directly after a contract is concluded but is not deemed to be 'earned' until
after a specified period of time. If the consumer cancels or withdraws from the financial
product within the specified time, the Broker must return commission to the product
producer.
Fees
The firm may also be remunerated by fee by the product producer such as policy fee,
admin fee. Include arrangements etc
Other Fees, Administrative Costs/ Non-Monetary Benefits
The firm may also be in receipt of non-monetary benefits such as:
- Attendance at product provider seminars
- Assistance with Advertising/Branding
Further detail on the providers we work with, the products we sell and the maximum
commissions available to us are outlined below.
| Company |
Policy Type |
Commission |
| 360 Degree Underwriting DAC | C.A.R. Annual | 15.00 |
| Acasta Europe Ltd | Private Motor | 5.00 |
| Accelerant Insurance Limited | Commercial Motor | 7.50 |
| Employers Liability | 15.00 |
| Private Motor | 5.00 |
| Public Liability | 16.00 |
| Ace Insurance Company | Private Motor | |
| Travel | 20.00 |
| Accredited Insurance (Europe) Ltd | Private Motor | 5.00 |
| Advent Risk Management Ltd | Private Motor | 5.00 |
| AIG Europe Limited | Apartment Block | 15.00 |
| Shop Combined | 20.00 |
| Shop Scheme | 17.50 |
| Property A.R. | 20.00 |
| Goods in Transit | 15.00 |
| Private Motor | 10.00 |
| MTIR | 22.50 |
| Liability Carrier | 15.00 |
| Personal Accident | 20.00 |
| Office | 20.00 |
| Marine | 15.00 |
| Exhibition | 10.00 |
| Aiken & Company (Insurances) Ltd | Excess | 10.00 |
| Professional Indemnity | 10.00 |
| Private Motor | 5.00 |
| Property Owners Liability | 10.00 |
| Arthur J. Gallagher | AD Fire & Theft Inspection | 12.50 |
| Pub Policy | 15.00 |
| AD Fire & Theft | 12.50 |
| All Risk | 20.00 |
| Allied World Insurance Company | Carriers Liability | 15.00 |
| Excess | 20.00 |
| C.A.R. Annual | 15.00 |
| Private Motor | 5.00 |
| Allianz Insurance Ireland PLC | Commercial Motor | 12.00 |
| Employers Liability & Public Liability Hotelier | 20.00 |
| Employers Liability & Public Liability | 15.00 |
| Fire & Perils | 15.00 |
| C.A.R. Annual | 20.00 |
| Home | 18.00 |
| Rented Property | 12.50 |
| Holiday Home | 20.00 |
| Private Motor | 12.00 |
| Special Types | 5.00 |
| Motor Cycle | 5.00 |
| AD Fire & Theft | 15.00 |
| Marine | 5.00 |
| Motor Trade | 5.00 |
| Computer | 15.00 |
| Public Liability | 10.00 |
| Warehouse Liability | 20.00 |
| Personal Accident | 5.00 |
| Marine Liability | 15.50 |
| AMB | Private Motor | 5.00 |
| M.T.I.R. | 17.05 |
| Ambris Align | Employers Liability | 12.50 |
| Employers Liability/Public Liability | 10.00 |
| Excess | 10.00 |
| Property Owner Liability | 12.50 |
| Angel Risk Management | Cyber Liability | 25.00 |
| Directors & Officers Liability | 15.00 |
| Aon MacDonagh Boland | Employers Liability | 15.00 |
| Public Liability | 5.00 |
| Assured Partners London | Directors & Officers Liability | 15.00 |
| Excess | 12.00 |
| ARA | Hoteliers | 10.00 |
| Shop Scheme | 12.50 |
| Home | 15.00 |
| Home Scheme | 20.00 |
| Private Motor | 5.00 |
| M.T.I.R. | 10.00 |
| Property Owner Liability | 10.00 |
| Warehouse Liability | 10.00 |
| Arachas Corporate Brokers Ltd | Apartment Block | 17.50 |
| Shop Combined | 7.50 |
| Home | 20.00 |
| Private Motor | 10.00 |
| AD Fire &Theft | 12.50 |
| Motor Fleet | 5.00 |
| Property Owner Liability | 10.00 |
| Property & Business Interruption | 15.00 |
| Broker Support Services | Goods in Transit | 45.00 |
| Arag Legal Protection Limited | Commercial Motor | 10.00 |
| Home | 15.00 |
| Private Motor | 10.00 |
| ARB Underwriting Ltd | Commercial Motor | 5.00 |
| Bond | 5.00 |
| Employers Liability/Public Liability | 15.00 |
| Home | 15.00 |
| Private Motor | 7.50 |
| Forklift | 5.00 |
| Public Liability | 15.00 |
| Property Owner Liability | 15.00 |
| Health Insurance | 10.00 |
| ARC INTERNATIONAL | Public Liability | 12.50 |
| Arch Insurance (EU) Dac | Combined | 15.00 |
| Private Motor | 5.00 |
| Truck | 5.00 |
| Assess Ireland | Property Owner Liability | 10.00 |
| ASG | Private Motor | 7.00 |
| Aston Lark | Professional Indemnity | 20.00 |
| Atradius | Private Motor | 5.00 |
| Autoline Insurance Group | Automotive | 5.00 |
| Classic Car | 5.00 |
| Commercial Motor | 5.00 |
| Private Motor | 5.00 |
| Aviva Insurance Ireland DAC | Apartment Block | 15.00 |
| Pub Policy | 15.00 |
| Combined | 15.00 |
| Shop Scheme | 15.00 |
| Contents | 17.50 |
| Commercial Motor | 10.00 |
| Bond | 10.00 |
| Directors & Officers Liability/Employers Liability | 25.00 |
| Employers Liability | 20.00 |
| Employers Liability/Public Liability | 20.00 |
| Fire Only | 12.50 |
| Loss of Profits | 10.00 |
| Goods in Transit | 15.00 |
| Guesthouse | 20.00 |
| Home | 20.00 |
| Rented Property | 20.00 |
| Health | 6.00 |
| Lost Shared Indemnity | 10.00 |
| Private Motor | 10.00 |
| Tractor | 5.00 |
| Motor Cycle | 5.00 |
| Hackney | 5.00 |
| Commercial Motor | 5.00 |
| Marine | 15.00 |
| Agricultural Motor | 5.00 |
| Engineering | 15.00 |
| All Risks | 15.00 |
| Computer | 15.00 |
| Farm Policy | 15.00 |
| M.T.I.R | 5.00 |
| Public Liability | 10.00 |
| Property Owners Liability | 24.00 |
| Personal Accident | 15.00 |
| Office | 23.00 |
| Special Types Fleet | 10.00 |
| Travel | 20.00 |
| Axa Insurance Dac | Aviation | 15.00 |
| Apartment Block | 20.00 |
| Combined | 20.00 |
| Commercial Motor | 10.00 |
| Employers Liability/Public Liability | 20.00 |
| Excess | 10.00 |
| Loss of Profits | 17.50 |
| Home | 20.00 |
| Home Scheme | 15.00 |
| Rented Property | 20.00 |
| Professional Indemnity | 20.00 |
| Private Motor | 10.00 |
| Forklift | 10.00 |
| Motor Cycle | 5.00 |
| Hackney | 5.00 |
| Motor Fleet | 12.50 |
| Commercial Motor | 12.50 |
| Marine | 32.50 |
| Farm Policy | 16.00 |
| Property Owners Liability | 20.00 |
| Property & Business Interruption | 20.00 |
| Marine Yacht | 15.00 |
| Truck | 10.00 |
| Taxi | 5.00 |
| Benchmark - RSA Insurance Ireland | Combined | 15.00 |
| Holiday Home | 15.00 |
| Private Motor | 10.00 |
| Office | 15.00 |
| Blackrock Insurance Solutions Ltd | Employers Liability/Public Liability | 10.00 |
| Blue Insurance | Private Motor | 5.00 |
| Self-Build | 15.00 |
| Travel | 25.00 |
| Bump Insurance | Loss of Profits | 17.50 |
| BMU | Home | 15.00 |
| Liability | 15.00 |
| Broker Options | Private Motor | 5.00 |
| Excess Professional Indemnity | 15.00 |
| Brady Underwriting | Hoteliers | 10.00 |
| Employers Liability/Public Liability | 10.00 |
| Public Liability | 10.00 |
| Products Liability | 10.00 |
| Personal Accident | 10.00 |
| BRO | Hoteliers | 15.00 |
| Shop Scheme | 15.00 |
| Motor Trade | 15.00 |
| Brokers Quill | Truck | 10.00 |
| Bluesquare Underwriting Ltd | Combined | 20.00 |
| Employers Liability/Public Liability | 17.50 |
| Motor Fleet | 12.50 |
| Self-Build | 15.00 |
| Broker Support Services | Breakdown | 10.00 |
| Pub Policy | 11.00 |
| Goods in Transit | 45.00 |
| Home | 10.00 |
| BSU Ireland | Pub Policy | 15.00 |
| Employers Liability/Public Liability | 17.50 |
| Public Liability | 10.00 |
| Property Owner Liability | 17.50 |
| Travel | 15.00 |
| Catalpa Underwriting Ltd | Carriers Liability | 20.00 |
| Commercial Motor | 7.50 |
| Trailer | 15.00 |
| Carriers Liability | 20.00 |
| Capital Insurance Brokers | Aviation | 7.50 |
| Apartment Block | 17.50 |
| Caravan | 15.00 |
| Hoteliers | 10.00 |
| Pub Policy | 10.00 |
| Combined | 12.50 |
| Shop Scheme | 12.50 |
| Commercial Legal Expenses | 15.00 |
| Employers Liability/Public Liability | 12.50 |
| Fire | 10.00 |
| Home | 15.00 |
| Home Scheme | 15.00 |
| Home Protection | 15.00 |
| Rented Property | 15.00 |
| Professional Indemnity | 12.50 |
| Private Motor | 5.00 |
| Motor Trade | 12.50 |
| Caravan | 20.00 |
| All Risks | 12.50 |
| Farm Policy | 10.00 |
| Mobile Home | 10.00 |
| Motor Trade | 10.00 |
| CEL | Commercial Motor | 7.50 |
| Home | 20.00 |
| Click For Cover Underwriting Ltd | Combined | 20.00 |
| Employers Liability/Public Liability | 10.00 |
| Chubb Insurance Company | Private Motor | 5.00 |
| Directors & Officers Liability | 10.00 |
| Personal Accident | 20.00 |
| Travel | 20.00 |
| Optis (Citynet) | Employers Liability/Public Liability Hotelier | 10.00 |
| C.A.R. Annual | 10.00 |
| Home | 10.00 |
| Professional Indemnity | 10.00 |
| Private Motor | 12.00 |
| AD Fire & Theft | 10.00 |
| Motor Fleet | 6.50 |
| Public Liability | 15.00 |
| CITY | Hoteliers | 5.00 |
| CITY | Property Owner Liability | 10.00 |
| CITY | Liability/Carrier | 5.00 |
| CNA Insurance Company Europe SA | Combined | 17.50 |
| Contessa Ltd | Contents | 15.00 |
| Property | 12.50 |
| COBRA London Markets Limited | Combined | 12.50 |
| Corporate Underwriting | Commercial Motor | 18.78 |
| Trailer | 15.00 |
| Marine | 15.00 |
| Public Liability | 15.00 |
| Carriers Liability | 20.00 |
| Marine G.I.T. | 18.78 |
| Consilium an Aventum Group | Employers Liability/Public Liability | 10.00 |
| Cover Centre - Zurich Insurance plc | Carriers Liability | 10.00 |
| Commercial Motor | 9.00 |
| Home | 15.00 |
| Home Scheme | 15.00 |
| Home Protection | 15.00 |
| Rented Property | 15.00 |
| Holiday Home | 15.00 |
| Private Motor | 5.00 |
| Caravan | 15.00 |
| Mobile Home | 10.00 |
| Close Brothers | Commercial HCCA | 7.00 |
| CRA | Commercial Motor | 10.00 |
| CRA | Home | 15.00 |
| Crash Services | Commercial Motor | 10.00 |
| Private Motor | 5.00 |
| Robertson Low Insurances Ltd | Professional Indemnity | 7.50 |
| Cullinane Twomey | Commercial Motor | 5.00 |
| DAS Legal Expense Insurance Company | Commercial | 15.00 |
| Home | 20.00 |
| Private Motor | 10.00 |
| DeCare Dental Insurance Ireland | Health Insurance | 10.50 |
| Dexco Insurance | Employers Liability/Public Liability | 15.00 |
| Excess | 15.00 |