Fa bulng trust. ving confidence
December 10, 2018
Dear Autoplan Brokers,
Lam writing to advise of [CBC's remuneration plans for brokers in 2019 and of our
intention to consult with you prior to the implementation of the rate fairness
changes effective September 1, 2019. Prior to these changes, broker remuneration
will remain unchanged and I have included these details In the following pages.
through this period of
Significant change.
We intend to consul with brokers on this new structure beginning eariy in 2019 and
will coordinate our consultations with the Insurance Brokers Association of BC and
the Credit Union Insurance Services Association through the Memorandum of
Understanding Council (MOUC) in January.
[After this period of consultation, ICBC will then confirm the new remuneration
structure prior to the Implementation of those changes and we expect to notify you
inwriting of the new structure no later than June 30, 2019.
We recognize that brokers will be participating in training, learning new processes,
and working hard to carefully manage the transition for our customers. We truly,
value the continued strong working relationship between ICBC and Autoplan
brokers. On behalf of everyone at ICBC, I sincerely thank you for your ongoing
commitment to our partnership and to our customers through the mast significant
changes In our history.
Sincerely,
CL beg
Director
Insurance Sales and Broker Governance
“15% et alan | etm nen | ea Columb | VOM 20 | 4-66-7800Fe
building trust. driving confidence.
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151 West Esslonade | Noth Vancouver | Bets Coke | VPM 349 | 608-661-2800,Pa building trust. driving confidence.
2019 Schedule of Commission, Fees and Broker Awards:
ERS Rated Policies
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Special Coverage commission rate (etre) ~ 11% of Preniun
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151 West aplande| North ncourer | rth Clembi | VPM 3 | 64 6612000,