Back to news grid

Member Exclusive Deal from Folgate Insurance Company Ltd

You will soon be able to benefit from another member exclusive deal.

From 1st December 2019, Folgate will offer the commission upgrades detailed in the table below which are sure to make a fantastic impact on your business.

Products

Current Broker Commissions

New Commission

Flexible Commission

All Business Excluding Property Owners

18.50%

20.00%

0% - 32.50% (25% Max Contractors)

Property Owners

23.50%

25.00%

0% - 37.50%

New Binding Authorities

Bespoke

Bespoke

Bespoke

Please note that the change in commission will be from the date any risks (new or renewal) are quoted, not the date they are incepted. To find out more, please speak to your BDM.

Ian Russell, Chief Underwriting Officer said “From the Folgate launch this year, the Compass Network is growing at a fast pace and we want to reward compass brokers with higher commissions and a service that they deserve. We are also looking forward to start trading with new Compass members that we currently do not deal with. On behalf of the team, thank you for your continued support”.

Don’t just take our word for it:

“Lauren, Justine and their teams at Folgate have consistently delivered a personal and professional service throughout our dealings with them. If like us, you’re looking for an insurer to trade with, then my advice is to go with one that is a specialist in that area and can take the hassle out of an insurer/broker relationship. We started this journey earlier in 2019 and by October, we had incepted our new Binding authority (100% Underwritten by Folgate) and as of now, we are currently writing business in our chosen sector.”

It’s been an absolute Joy to work with Folgate.

Lee Taylor – Managing Director T&R Direct Ltd

For further details, please speak to your dedicated BDM.


Compass

4th Floor, 40 Lime Street, London, EC3M 7AW

Tel: 0800 6123 654 |

Compass London Markets Ltd is registered as a limited company in England and Wales No. 9410832. Authorised and regulated by the Financial Conduct Authority FRN 690689.
Registered Office: Hexagon House, Grimbald Crag Close, St James Business Park, Knaresborough, HG5 8PJ.

Compass Broker Networks Ltd is registered as a limited company in England and Wales No. 10118181.
Registered Office: Hexagon House, Grimbald Crag Close, St James Business Park, Knaresborough, HG5 8PJ.

Legal & Regulatory InformationPrivacy & Cookies Policy