Running for Council

RIBO COUNCIL ELECTIONS 2022 

Are you passionate about upholding professional standards among insurance brokers in Ontario? Are you seeking a meaningful way to give back to your profession and the public it serves?  You can do both by running for RIBO Council, which, since 1981, has been dedicated to protecting and advocating for the Ontario public by ensuring fair and informed transactions between consumers and brokers.   Any RIBO licensee in good standing may apply.  Eligible applicants from all backgrounds and demographics are welcomed and encouraged. 

Who is RIBO? 

Since its establishment in 1981, RIBO is the self-regulatory body responsible for licensing and oversight of Ontario’s general insurance brokers. We aim to facilitate a property and casualty insurance marketplace in Ontario where consumers and brokers are well informed, protected, and where transactions are conducted fairly.  
 

Our mission is to maintain a customer-centric regulated environment where brokers can provide informed guidance, responsive service, and foster confidence by protecting the interests of all Ontarians. Our mandate is to protect and advocate on behalf of the Ontario public by regulating insurance transactions with brokers. RIBO is not an advocacy body or a trade association. 

About RIBO Council:   

RIBO is governed by a Council consisting of nine elected brokers and four public members appointed by the provincial government. The Council acts as a board of directors, virtually like any company, supervising the management and affairs of the corporation and is responsible for setting policies and guidelines 

 
The Role: 

The role requires Council members to uphold and maintain RIBO’s core values and to ensure fair transactions between consumers and insurance brokers in Ontario. As a Council member you have a duty to act in the best interests of RIBO and our public protection mandate. Importantly, this role does not entail representing the firm for which a member works for, nor are they to promote their personal interests nor those of the profession over that of the public. 
 

Who Can Apply:  

All RIBO licensees who are in good standing, regardless of broker firm size may submit their nomination papers. Eligible applicants from all backgrounds and demographics are welcome to apply.  Brokers interested in running may wish to first discuss their potential candidacy with their Principal Broker. 
 

Time Commitment: 

This role requires members to meet monthly, at the Toronto offices (401 Bay St, 12th Floor) on the second Wednesday of the month. Meetings are in person but may be joined virtually, as necessary. Some meetings (e.g., strategic planning) may be held over two days, as required. On occasion, the committee may meet at other times during the month, typically virtually. 
 

How to Run for Council:   

Eligible applicants will need to submit nomination forms before the outlined deadline. Nomination packages consist of the following: a picture, a short bio (110 words or less) detailing the nominee, and signatures from 15 RIBO licensees in good standing.  

Election Timeline:   

Nomination Period begins: Immediately 

Deadline to submit Nomination Packages: Tuesday, September 6, 2022 @ 4:00 p.m. 

Election Period begins: Early October 

Election Period ends: Monday, November 7, 2022 @ 4:00 p.m. 
  

Additional Information Contact:  

For more information, feel free to contact patrick@ribo.com