A RIBO Level 2 Licence allows insurance brokers in Ontario to expand their expertise and responsibilities within a brokerage.
This licence qualifies brokers to take on more advanced technical and commercial insurance roles, but they still operate under the supervision of a Principal Broker.
Obtaining a RIBO Level 2 Licence demonstrates a broker’s ability to manage more complex client insurance needs and develop a deeper understanding of the insurance industry.
This page will guide you through the process of obtaining a RIBO Level 2 Licence and provide a brief overview of all three RIBO licensing levels.
A RIBO Level 2 Licence allows brokers to take on a broader range of responsibilities within a brokerage, handling more complex technical and commercial insurance matters. As a Level 2 Broker, you will continue to work under the supervision of a Principal Broker but will have greater independence and expertise in managing client needs.
A RIBO Level 2 Licence allows you to take on more advanced responsibilities within a brokerage, including:
You will continue to operate under the supervision of a Principal Broker, but you will have a greater level of knowledge in handling advanced client needs and complex insurance scenarios.
To qualify for a Level 2 RIBO licence, you must first hold an active Level 1 RIBO licence or an equivalent general insurance broker licence from another Canadian jurisdiction.
If you hold a Level 1 licence, you must complete one of the following approved education requirement pathways for a Level 2 licence:
While the following designations and/or courses would qualify for a Level 2 licence, they will not qualify an individual for the Level 3 Accelerated Management exam:
There is no Level 2 examination available to challenge. Learn more about the retired Level 2 examinations and related updates. Level 1 licensees must complete one of the approved education programs listed above in order to be eligible for a Level 2 licence.
If you are not currently RIBO-licensed, but hold a licence that is equivalent to Level 2 in another Canadian jurisdiction, please refer to the Equivalency webpage.
To maintain your licence, RIBO requires you to complete Continuing Education (CE) credits annually. These credits ensure you stay up to date with industry standards and regulations. For more information on the specific CE requirements, visit RIBO’s Continuing Education webpage.
Your RIBO licence must be renewed annually to remain active.
Licence renewal requires completing the renewal form and the payment of renewal fees by August 31 each year.
Learn more about the renewal process and deadlines.