Commission Disclosure

Risk-Can Underwriting Managers is an underwriting agent. We have underwriting arrangements with insurance companies to develop and provide comprehensive insurance products to meet the needs of our clients.

These insurance companies pay us a commission with the expectation that we will manage our book of business the same way that they would. We provide many of the services that a property and casualty insurance company would with the exception of actually holding the risk. These services include: underwriting; claims management; client management; information technology and finance. In essence the insurance companies trust our expertise and knowledge to effectively manage a select book of business.

We believe in the value of an independent insurance broker, who is able to provide appropriate advice and counsel to clients locally. We do not enter into specific contract arrangements with brokers. This allows our products to be accessed by clients in their own locale. We pay a commission for business placed with us through independent insurance brokers. Our commission rates per line of coverage range up to 17.5%, depending on the product, the level of service provided and the size of the risk.

We do not enter into or pay contingent profit commissions to brokers.