Level 3 – Accelerated Management Exam

If you write the AME and it is later determined that you did not qualify, no refunds will be issued and you will be required to write the full Level 3 Management Exam.

Candidates are eligible to write the exam twice per exam provider. After two failed attempts they are subject to an 8-month waiting period following their second failed attempt with the same service provider. If a candidate takes the exam during this 8-month period, the waiting period will reset from their most recent attempt, the results will be nullified, and additional restrictors might apply.

Please refer to the RIBO Exam Rules for more details.

Helpful Resource

Read RIBO’s Consolidated Examinee Resource (No OAP1) for By-Laws No. 1, No. 2, No. 3, RIB Act, Ontario Regulation 308/98, 990 and 991 in one convenient document.

You can register for a RIBO exam with the following exam providers:

• Insurance Institute of Ontario
• Insurance Brokers Association of Ontario

Candidates are eligible to write the exam twice per exam provider. After two failed attempts they are subject to an 8-month waiting period following their second failed attempt with the same service provider. If a candidate takes the exam during this 8-month period, the waiting period will reset from their most recent attempt, the results will be nullified, and additional restrictors might apply.

To be eligible to write the Level 3 Accelerated Management Exam, applicants must hold an active Canadian Property & Casualty (P&C) licence for a minimum of two years.

Education Requirement Pathways

In addition, applicants must hold one of the following industry designations:

• CCIB
• CAIB
• ACIP
• FCIP
• CIP (full designation), or at minimum have successfully completed C130, C131, and C132.

Applicants may sit for the Level 3 examination at any time. However, licensing experience and education requirements must be met at the time of application for the Level 3 licence.

Exam results are only valid for 12 months from the date of the examination.

Licence level upgrades will only be granted upon showing proof of both valid exam results and proof of meeting education requirements.

Non-Ontario residents

• Individuals must hold the appropriate level of licence in another province that would qualify them to act as a Principal Broker, Designated Representative or Designated Individual of a licensed agency or brokerage; or

Ontario residents

• Individuals must hold a RIBO Level 2 or FSRA OTL licence and must have completed their full CAIB designation or CIP designation (must include C132) and have a minimum of 2 years working experience as an insurance broker/agent; or

Does not currently hold an agent/broker licence

Individuals should have a minimum of four years Management experience working for a P&C Insurance Company or P&C Managing General Agent. Any unlicensed individuals must receive approval from the Policy, Licensing, & Standards Department (formerly the Qualification and Registration Department) and can request approval by emailing a copy of their resume and copies of any insurance designations to licensing@ribo.com.