Compensation Disclosure

We are compensated for our services either by fees from customers with whom we have written service contracts or by commissions from insurers and intermediaries (excess and surplus lines brokers, wholesale brokers and similar organizations) with whom we have agency or intermediary agreements. This would also include intermediaries that are our affiliates. From time to time, we may also receive payments from insurers based on incentive or contingent factors that are not client specific, which means that the payments are not directly related to your or other client accounts. These factors may include the size of our overall book of business with an insurer as well as persistency or retentiveness and performance from an underwriting standpoint. We generally do not know, nor does the insurer know, the amount of such payments, if any, until the underwriting year is closed. You may pay your premium in full upon placement of your insurance, finance your premium through a bank or other financial institution of your choice, pay your premium on an installment basis with your insurer or we may assist you in financing your premium through a premium finance company. In the event that we assist you in arranging for the financing of your premium, we may receive a fee from the premium finance company.