Principals of Conduct

Click to view or download these important fact sheets below. PDFs will open a new browser tab to view.

1.

Fact Sheet about registered insurance brokers provided by the Registered Insurance Brokers of Ontario (RIBO). Registered insurance brokers provide independent advice and offer Property & Casualty (P&C) insurance products from multiple companies. To operate, brokers must be licensed by RIBO and are required to maintain an errors and omissions policy, along with a fidelity bond, ensuring customer protection in the rare event of  mishandling by the broker. Additionally, RIBO licensees must adhere to the RIBO Code of Conduct, which outlines the standards and rules for professional behavior.

2.

The Canadian Insurance Services Regulatory Organizations  (CISRO) has put our a document that articulates the expectations for professional behaviour and conduct responsibilities of all  all insurance intermediaries including insurance brokers throughout Canada.  We are proud to adhere to all of the principles contained within the document. 

3.

Commission Disclosure Statement.  Brokers receive compensation through commission payments, which are based on a percentage of your insurance premium. We are happy to provide further details about our compensations in the Commission Disclosure Statement. 

4.

L.D. Dermody Insurance Brokers collects personal information from clients in order to obtain insurance quotes, place coverage, and service policies. This information may be shared with insurance companies and other parties involved in the underwriting and administration of your insurance coverage.

We are committed to protecting your personal information and handling it in accordance with applicable privacy legislation.

For full details on how we collect, use, store, and protect personal information, please review our Privacy Policy:

https://www.lddermody.com/privacy/

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