Who We Are

Established by the government in 1981, RIBO is the self-regulatory body that protects the public in their interactions with general insurance brokers across Ontario and regulates the licensing, professional competence, ethical conduct and insurance-related financial obligations of over 22,000 licensees.

Our core functions include:

• Setting the qualification standards required to enter the profession
• Licensing those who have demonstrated that they have met those standards
• Monitoring the ongoing compliance of licensees with the requirements set out in the Registered Insurance Brokers Act (RSO 1990), Regulations, By-Laws, and Code of Conduct
• Investigating professional misconduct complaints and disciplining those who have been found to have breached them

All individuals and firms selling and/or offering professional advice on insurance products must be licensed in Ontario.

Council and Committees

The Registered Insurance Brokers of Ontario is governed by a Council of thirteen; nine brokers elected from amongst the profession, and four public members appointed by the Lieutenant Governor in Council.

Three statutory committees adjudicate decisions relating to Qualifications and Registration, Complaints and Discipline.

Leadership

In our organizational structure, our executive team is led by the Chief Executive Officer and four Directors overseeing:

• Policy, Licensing and Standards
• Compliance, Conduct and Investigations
• Finance and Corporate Services
• Enterprise Technology and Business Solutions