Disclosure

ONTARIO REGULATION 410/04 DISCLOSURE STATEMENT

Regulations governing insurance brokers require that we make certain disclosures to you our clients and members of the public that we deal with. There is no direct or indirect ownership interest of any kind in our brokerage by an insurer or by us in an insurer.

We hold no common ownership of another brokerage or an insurer by a financial conglomerate or other holding company or group of companies.

We have no financial or non-financial network affiliation.

We are brokers with multiple markets and do not have one market or exclusive contracts only. We are not under any volume or mix of business requirements. We have and will have various contractual relationships with various carriers from time to time, which may include the carrier we have placed you with, who provide for payment of contingent commissions. In order for us to maintain strong relationships with quality insurers we work with each to provide the type of business they desire. Payment of this contingent commission depends on a combination of growth, profitability, volume, retention and increased services that we provide on behalf of the insurer. It is based on our entire portfolio of business with that insurer and not on individual policies. Contingent commission is not guaranteed.

On occasion, some of our insurers will offer incentive programs to encourage us to submit more new business, however, we maintain our principal to place clients coverage with the insurers who best suits their needs regardless of these incentives. Brokerage compensation is part of your insurance premium.

For your benefit, we have listed below Insurers that we represent and have included the range of compensation each provides as a percentage of your overall premium.