Insurance coverage Enterprise Canada unveils Ontario’s 5-star brokerages for 2022
Insurance coverage Enterprise Canada (IBC) has revealed Ontario’s 5-star insurance coverage brokerages for 2022 – ranked in accordance with 11 standards.
IBC scoured Ontario to seek out its prime brokerages by in search of nominations, with every brokerage required to offer key particulars about its enterprise in 2020 and 2021, together with income, insurance policies written, variety of shoppers, and revenue margin. Eligible brokerages will need to have three or extra brokers and an workplace in Ontario. Afterwards, the nominees had been ranked in accordance with 11 standards:
- Income
- Income development
- Income per dealer
- New dealer development
- Variety of shoppers
- Variety of new shoppers
- Consumer development
- New shoppers per dealer
- Insurance policies written
- Coverage development
- Coverage margin
All of the rankings had been then added collectively, with the brokerages that had the bottom total scores reaching the best rankings. IBC’s rating system rewards brokerages based mostly on enterprise per dealer moderately than crucial mass to make sure one of the best brokerages are singled out, no matter dimension.
Considered one of this 12 months’s 5-star brokerages in Ontario is Paisley Companions Inc. (Paisley Companions), a brokerage with a powerful historical past of guaranteeing that its shoppers have customised insurance coverage options defending their business and private property.
Discover out extra about Paisley Companions and the remainder of this 12 months’s prime insurance coverage brokerages in Ontario, Canada, by studying IBC’s 5-Star Brokerages 2022 report. Thanks for collaborating on this 12 months’s report, and congratulations to all of the winners!
