Risk & Business Magazine Gillons Insurance Magazine Fall 2017 | Page 26
Congratulations to
Our Graduates!
New Registered Insurance Brokers of Ontario (RIBO)
This Takes Hours of Employee Dedication & Should Be Recognized!
Courtney Camlin
Thunder Bay
Chris Jones
Kenora
Rob Lawrance
Sioux Lookout
Patty Ward
Fort Frances
Julie Piche-Howe
Greenstone
Romina Paishk
Red Lake
Ryan Hood
Fort Frances
WHERE DO YOUR INSURANCE PREMIUM DOLLARS GO?
Claims –70¢
Independent Broker (Gillons) -15¢
Labour Expenses
Selling Expenses
Including Donations &
Sponsorships
Insurance Company -15¢
Labour Expenses
Selling Expenses
Operating Expenses
Taxes
Overhead
Shareholders
Reinsurance
Operating Expenses
Including rent, taxes, etc
According to Fortune
Magazine, 2016:
“Goldman’s giving has spiked.
It gave away 3% of its pre-tax profits last
year, compared with a median of 1% for
Fortune 500 companies, according to
Chronicle of Philanthropy data.”
Fortune 500 average: 1% of pre-tax profits
Top Giver Goldman Sachs: 3% of pre-tax profits
In 2016 Gillons Insurance: 4.7% of pre-tax profits!
We give back!
#11communitiesstrong
gillons.ca