No hidden commission
We confirm in writing that Portwood receives no commission on the policy arranged under this service. Our agreed fee is shown separately.
A CLEARER WAY TO PAY FOR EXPERT ADVICEZERO commission.
ZERO commission.
More transparency.
Paying £10,000 or more a year for a commercial policy? Let’s put your insurance costs under the spotlight.
Under our ZERO Commission arrangement, Portwood takes no commission on your policy. We work for a clearly agreed fee, proportionate to the work involved and the value we deliver.
Request my ZERO Commission reviewSend your current schedule or renewal and mention “ZERO Commission”. We’ll confirm eligibility, suitable cover and the full cost before you decide.
EXPLORE YOUR POTENTIAL SAVINGWhat could zero
What could zero
look like for you?
Choose your cover, move the slider and compare the commission assumptions. Add an example fee to see the difference after that fee.
Illustration only. These rates are assumptions, not confirmed commission on your policy.
Before IPT & separate fees
per year
Your actual fee will be agreed after review. Enter an example to compare the saving after that fee.
COMPARE THE ASSUMPTIONS
Scroll the table to compareSame premium. Different possibilities.
| Your comparison | |||
|---|---|---|---|
| Commission potentially removed | £5,000 | £6,250 | £6,875 |
| Premium after removal, before fee | £20,000 | £18,750 | £18,125 |
| Example Portwood fee | — | — | — |
| Potential saving after example fee | — | — | — |
| Illustrative cost after fee | — | — | — |
How this estimate works
The selected commission is assumed to be included in your insurer premium before IPT and to be fully removable with insurer agreement. Commission removed equals that premium multiplied by the selected rate. The example fee, if entered, is deducted from that amount to calculate the potential saving.
IPT, existing broker fees, other insurer or intermediary charges and finance costs are excluded. Removing Portwood’s commission does not necessarily remove other intermediaries’ income or change the tax payable. These figures are not a quote or a guaranteed saving. Actual cover, commission, fees and total cost are confirmed after a review.
One fair, agreed fee
We explain our fee before you commit. It reflects the work required and the saving we can pass on, with no percentage commission retained by Portwood.
Clearer total cost
You see the insurer premium, taxes, our fee and any other applicable charges, alongside the cover, limits and excesses.
THREE SIMPLE STEPSLess guesswork.
Less guesswork.
More clarity.
Designed for individual commercial policies with a current annual premium of £10,000 or more. Eligibility and insurer availability are confirmed after review.
- 01
Share your existing policy
Upload your schedule or renewal. Tell us what you pay and what matters to your business.
- 02
We review, negotiate and explain
We obtain terms, agree a fair fee and show a like-for-like comparison wherever possible. Any differences in cover are explained.
- 03
You see the numbers, then decide
Review the total payable and our written zero-commission confirmation. Nothing is arranged until you agree and cover is confirmed.
What ZERO Commission means for you
Zero Portwood adjustment charge
We do not charge a Portwood administration fee for mid-term changes under this arrangement. Insurer charges and additional premium may still apply if your cover or risk changes; these will be explained.
Savings after our fee
Removing Portwood’s commission may reduce your overall cost. The saving depends on the insurer’s terms and our agreed fee. A lower premium or a saving of thousands cannot be guaranteed before reviewing your policy.
The same personal service
You still receive our advice, help with policy changes and support when you need to claim. The way we are paid changes; our attention to your business does not.
A specific written agreement
Your quote will confirm the zero-commission arrangement and agreed fees. Any insurer or intermediary charges, taxes and finance costs will be identified where applicable. Our standard terms otherwise apply.
See what you could save.
No obligation. A clear comparison. A broker you can speak to.