As an independent insurance broker, we purchase insurance products and services on your behalf that are affordable, and understandable.

The Wawanesa Mutual Insurance Company has an indirect minority ownership in A.P. Reid Insurance (Ontario) Limited.

Statement on Services Provided
Our role is to provide you with the best insurance value that combines coverage, service and price.  We also provide personalized, quality service that includes professional insurance advice, ongoing policy maintenance and claims support.  When any issue arises regarding your insurance coverage, we are your advocate, using our professional experience to best represent your individual interest

How we get Paid for our Services

Insurance Company or Intermediary Personal Auto and Umbrella Personal Property Commercial Auto and Surety Commercial Property
 *Aviva  9 – 12.5%  12.5 – 20%  10 – 12.5%  15 – 20%
 *Echelon  12.5%  n/a  12.5%  n/a
 *Economical Mutual  10 – 12.5%  20%  10 – 12.5%  20%
 *Economical Select (Waterloo)  10%  17.5%  10%  17.5%
 *Gore Mutual  10 – 12.5%  20%  10 – 12.5%  15 – 20%
 *Halwell Mutual  10 – 12.5%  20%  10 – 12.5%  20%
 *Intact Insurance  10  – 12.5%  15 – 20%  10 – 12.5%  20%
 *Portage Mutual  10 – 12.5%  15%  10 – 12.5%  20%
 *Perth  10 – 12.5%  15%  n/a  n/a
 *RSA  10 – 12.5%  20%  6 – 12.5%  15 – 20%
 UCAI  n/a  15%  n/a  15 – 20%
 *Wawanesa  10 – 12.5%  20%  10 – 12.5%  20%

Contingent (Profit) Commission
In order for us to maintain strong relationships with quality insurers, we work with each to provide the type of business they desire.  The insurers with an asterisk (*) noted above recognize our efforts through a Contingent Commission contract.  Payment of this Contingent Commission depends on a combination of growth, profitability (loss ratio), volume, retention and increased services that we provide on behalf of the Insurer.  Contingent Commission is not guaranteed.  For detailed information on Contingent Commission, please go to the individual company’s website.

Brokerage compensation is part of your insurance premium.  A.P. Reid is paid a commission or fee for our services to you. Fees are paid to A.P. Reid by clients, in lieu of commission.

Should there be an increase in the commission schedule we receive from your insurer, or any other material change that affects compensation arrangements, we will notify you.

Your insurer will provide you with a Consumer Code of Rights and Responsibilities brochure which will be included with your new policy.

If you have any questions, please contact us.