Commission on motor insurance in Europe

I am now in Manchester, UK.

The motor insurance manager of a Swedish insurance company told me that the commission payable to the agent is an upfront commission of about 5% to 7%. There is no renewal commission.

Most of the motor insurance are done through the telephone. The agent does not have to do much work.

In Germany, many large insurers follow a similar system, ie a small upfront commission with no renewal commission.

The competitive market has forced down the commission to this level. This has been the case for many years. Lower commission means lower cost to the consumers.