O’Malley Griffin (Brokers) DAC Schedule of Fees

O’Malley-Griffin (Brokers) DAC is remunerated by a professional fee reflecting the work activity, advice and time spent researching the most competitive terms, quality of product and Insurer for your specific insurance needs. The professional fee is charged for the research activity involved in the inception & renewal of the Policy along with claims and risk management advice as and when required. An additional fee may apply where subsequent alterations take place during and/or at termination of a Policy.  A scale of our fees is under noted. 

In addition, commission is paid by some Insurers reflecting business arranged with that product producer.  Details of commission arrangements are available on request.

  Initial Fee
up to but not exceeding
Renewal
up to but not exceeding
Alterations/Rebates
up to but not exceeding
Motor €100 €100 €50
House €100 €100 €50
Commercial Account 25% of Commercial account 25% of Commercial account 5%

We reserve the right to amend these fees should the complexity of the product require a higher fee. In the event a higher fee being charged we will provide you with a breakdown.

In respect of premium finance arranged for you on your request, there is an override charge of up to 5%.

It is our policy not to make a charge to the client for any transaction resulting in a return of premium.

March 2020