Equivalency – RIBO Auto
|EXAM LENGTH||EXAM FORMAT||PASSING GRADE||ELIGIBILITY TO WRITE THE EXAM|
|30 Minutes||20 Multiple Choice Questions||75%||Out-of-Province licensed insurance brokers*
Agents, Underwriters, and other individuals with extensive insurance knowledge may qualify to write this exam. Please review the equivalency page for more information regarding eligibility.
*Out-of-Province licensed insurance brokers are also required to write the RIB Act, Regulations, and By-laws Equivalency exam or the RIBO Level 2 Unrestricted Management exam. Please review the equivalency page for more information regarding which exam you are eligible to write.
Writing the RIBO Auto exam is the first step in becoming a licensed insurance broker in Ontario for candidates who have previous experience as Broker and/or insurance industry.
Upon completion of the RIBO exam, results will be provided to you by your exam service provider once they are available. Please do not contact RIBO for your exam results.
HOW TO APPLY TO WRITE THE EXAMINATION
RIBO is no longer handling exam applications.
To apply for an in-person exam please contact the Insurance Brokers Association of Ontario
To apply for an online exam please contact the Insurance Institute of Canada
Candidates are eligible to rewrite within the 8-month period following their first examination per exam provider. Candidates after two failed attempts are subject to an 8-month waiting period following their second failed attempt with the same service provider. Previous attempts prior to May 1, 2021, will not count against the candidate.
Insurance Brokers Association of Ontario
IBAO Equivalency Prep
Insurance Institute of Ontario