Insurance brokers are recognized not only for their skill and experience, but their status as professionals also stems from their character and their standards. All these factors combined protect the interests of the insurance consumer.
Every property and casualty insurance broker in Ontario must be licensed by RIBO and comply with RIBO requirements, policies, and guidelines, as well as legal obligations.
The Code of Conduct Handbook is available to insurance brokers in Ontario on the RIBO website.
RIBO encourages that all brokers review it on a regular basis, as it includes professional conduct requirements with topics such as integrity, competence, quality of service, advising clients, confidentiality, disclosure, conduct towards others, completing Position Reports and more.
The Principal Broker Handbook includes the duties, expectations and guidance for Principal Brokers, Deputy Principal Brokers and Supervising Brokers.
This handbook covers numerous topics including financial reporting requirements, the Spot Check process and more.
Use it as a tool to help you better manage your supervisory responsibilities on behalf of your brokerage.
RIBO has developed and issued several guidance documents and supplementary resources to address common questions about broker practices and procedures, including Take All Comers, Mandatory Disclosures Guidance and other emerging issues.
Access printable forms and the fact sheet with information to provide to your clients.
Read the Registered Insurance Brokers (RIB) Act, Regulations and By-Laws that govern all general insurance brokers in Ontario.
Do you have questions?
Our team will be happy to assist you.