Remuneration
We are paid commission (which is included in the insurance premium paid by you) as follows in respect of the products we arrange on your behalf:
These commissions are as per the percentages shown below and apply to the premium you pay exclusive of the Government Levy. We do not charge any handling fees.
Provider | Commission Paid | |
Car | AXA | 12% |
Van | AXA | 10% |
Home | AXA | 15% |
Travel | Chubb Insurance | 25% |
Life/Mortgage Protection | Irish Life Assurance | 70% New Business/ 8% Renewal |
Life/Mortgage Protection | Royal London Ireland /Zurich Insurance Group AG | 10% Renewal |
If you require any further information, or would like to provide feedback please contact us at:
Address
Head of SuperValu Insurance
Musgrave Retail Partners Ireland
Tramore Road, Cork
T12 N799
Terms and conditions
SuperValu Car, Van and Home insurance is underwritten by AXA. AXA Insurance DAC is regulated by the Central Bank of Ireland.
SuperValu Travel Insurance is underwritten by Chubb European Group SE. SuperValu Financial Services Limited T/A SuperValu Insurance is a single agency intermediary of Chubb European Group SE for Travel Insurance.
Chubb European Group SE trading as Chubb, Chubb Bermuda International and Combined Insurance, is authorised by the Autorité de contrôle prudentiel et de résolution (ACPR) in France and is regulated by the Central Bank of Ireland for conduct of business rules. Registered in Ireland No. 904967 at 5 George's Dock, Dublin 1. Chubb European Group SE is an undertaking governed by the provisions of the French insurance code with registration number 450 327 374 RCS Nanterre and the following registered office: La Tour Carpe Diem, 31 Place des Corolles, Esplanade Nord, 92400 Courbevoie, France. Chubb European Group SE has fully paid share capital of €896,176,662.
SuperValu Insurance has partnered with Irish Life Financial Services and Irish Life Assurance for the provision of financial advice and life assurance products. Irish Life Assurance (ILA) plc provides life assurance products. Irish Life Financial Services (ILFS) promotes ILA products as an insurance intermediary tied to ILA and provide the financial advice in relation to these products to customers. Irish Life Assurance plc, trading as Irish Life, is regulated by the Central Bank of Ireland. Irish Life Financial Services Limited, trading as Irish Life, is regulated by the Central Bank of Ireland. Irish Life Financial Services is an insurance intermediary tied to Irish Life Assurance for life and pensions.
SuperValu Life and Mortgage Protection Policies which are underwritten by Royal London or Zurich Insurance will be administered by JSBCA Ltd on our behalf. JSBCA Ltd is regulated by the Central Bank of Ireland.
SuperValu Financial Services DAC t/a SuperValu Insurance, is regulated by the Central Bank of Ireland