We, Wrisk, act as an insurance intermediary between you, the consumer, and the insurer with whom we place your insurance policy. In compensation of the services provided, Wrisk receive remuneration from the Insurer as further described below.
Pursuant to provision 4.58A of the Central Bank of Ireland’s September 2019 Addendum to the Consumer Protection Code, all intermediaries, must make available in their public offices, or on their website if they have one, a summary of the details of all arrangements for any fee, commission, other reward or remuneration provided to the intermediary which it has agreed with the insurance companies.
For the purpose of this document, commission is the payment earned by Wrisk for work undertaken on behalf of the insurer.
Recurring commission model: where an initial commission is paid to the intermediary directly after the sale, and at renewal throughout the life span of the product.
Where applicable, the commission, as pro-rated, is reimbursed as part of the paid-back pro-rated premium in the case of cancellation of the policy before the end of the initial insurance period.
This statement is effective as of 1st October 2025.