Gallagher is a trading name of Arthur J Gallagher Nordic AB, which is authorised by the Swedish Financial Supervisory
Authority under company number 556418-5014 with registered address at Mölndalsvägen 22, 412 63 Göteborg, Sweden:
Registered in England and Wales under company number FC035917, with registered address at The Walbrook Building, 25
Walbrook, London EC4N 8AW. ©2022 Arthur J. Gallagher & Co. All rights reserved.
Arthur J Gallagher Nordic AB commission options are displayed as a range, showing the
maximum amount which can be received. The level of commission depends on individual
circumstances, based on the following factors:
Intermediary discretion
Whether the level of commission is negotiable
Client relationship
Length of time of the policy
Commercial decision
Complexity of the case
Product constraints by the product provider
Direct Earnings
This is the income we earn as compensation for our advice, knowledge, qualifications,
training, market placement and risk capture; it can be:
Commission - the amount that is payable to an insurance intermediary for placing an
insurance or reinsurance contract with an insurer or a reinsurer. Although brokerage
is payable by the insured as part of the gross premium, the amount of brokerage is
agreed by the insurer.
Fees - any non-commission payment or remuneration offered or made by a client to
a firm for placing an insurance or reinsurance contract with an insurer or a reinsurer.
Note an administration fee is not captured by this definition.
Administration Fees - a reasonable charge to reflect the practical expenses associated
with placement of a policy such as licencing, paper and telephone costs and other
overheads. It should not be confused with any other fee arrangement agreed with a
customer, which would typically reflect the payment for Nordic placement and advice.
Insurer Services Agreements - We may receive additional commission from insurers
for certain services we provide on behalf of Arthur J Gallagher Nordic AB, which may
fall outside of ordinary broking activity. The fee will be expressed either as a
percentage of Gross Written Premium or Net Written Premium. Services provided
include but are not limited to, administrative services and the provision of
management information.