US Compensation Disclosure to Clients
Integro is committed to providing superior service at the best value to our clients. When Integro makes any recommendation, or offers any suggestion to a client pertaining to the placement or sale of insurance coverage, Integro does so in furtherance of the client’s interests when acting as your insurance broker or providing specific services to you. In some instances, Integro is compensated by insurance companies or other third parties with whom Integro does business. That compensation may vary based on a number of factors, including the insurance contract and the insurer that the client ultimately selects, the volume of business that Integro provides to an insurer, and/or the overall book of business that Integro has with an insurer. Integro may be paid by commission from insurers with whom we place insurance or Integro may be paid by a fee charged to clients in place of or in addition to commission and pursuant to a written agreement with the client. In order to expand and improve competitive market offerings for its clients, Integro develops panels, facilities or placement arrangements with insurers and may receive separate or enhanced compensation from insurers for related placements. Integro also receives compensation from insurers for providing consulting, data analytics and/or administrative services to insurers. This compensation will vary according to the services provided. Integro welcomes discussion of its sources and forms of compensation. A client may obtain specific information about the compensation expected to be received by Integro based in whole or in part on a particular placement or sale, or the compensation expected to be received by Integro based in whole or in part on any alternative quotes presented by Integro, simply by requesting such information from Integro. In addition, please be advised that in conformance with applicable law, Integro holds premium funds in premium trust accounts segregated from Integro’s corporate bank accounts, and may earn interest on those funds until such time as they must be remitted. If you have any questions about the compensation that Integro may receive from work on your behalf, please do not hesitate to ask.