Brokers

OPIC works with U.S. licensed brokers or agents, and recognizes the value, trust and confidence in brokers by our clients.

OPIC pays broker fees and commissions according to the following terms:

• The broker is entitled to a commission equal to 15% of the gross premium paid by an insured for each executed contract where the broker has been designated broker-of-record by an insured prior to or concurrent with the payment of a retainer fee in connection with a completed application submitted by an insured to OPIC.
• The commission for each project insured, regardless of the number of contracts issued with respect to such project, will be capped at US$200,000 per annum.
• Commissions are paid for executed contracts and predicated on the collection of all premium due to OPIC.
• Unless otherwise directed, all communication, billing and receipt of premium will flow through the broker.