General Agent/Broker Information

To apply for a General Insurance Agent licence, you must complete the online application form and submit the online application along with proof of successful completion of one or more of the below courses. If you are applying to write an examination, information/steps on booking your examination are available here.

Licensing Information for all Levels of General Agent/Broker Licenses

Manitoba has a three (3) Level Licensing System for General Insurance Agents/Brokers.

A non-resident licence is issued based on the equivalency level of that agent’s resident licence, and is subject to the usual restrictions and conditions of that licence.  However, an applicant transferring from another jurisdiction must satisfy Manitoba’s licensing requirements for the issue of a licence.

The following defines each level of licence and the restrictions and/or authorizations which limit that level.

Level 1 Auto Only Broker Licence:

Successfully completes both of the following within the required timeframe as outlined in Reg 389/87, Section 2:

• The Auto Broker Technical Course or another course that the council considers equivalent; and
• The Manitoba Public Insurance proficiency examination.
  • Prohibited from selling outside the office of a general insurance agency; and
  • Must operate under the supervision of at least a Level 2 Agent/Broker.

Level 1:

Successfully completes one of the following within the required timeframe as outlined in Reg 389/87, Section 2:

• CAIB 1; or
• Fundamentals of Insurance; or
• ILS Level 1 General and Adjuster Insurance Licence Program (ILS L1); or
• Red River College – Property and Casualty Insurance Certificate program (successful completion of the IIC exams is required); or
• C11 Principles and Practice of Insurance; and C130 Essential Skills for the Insurance Broker and Agent; or
• General Insurance Essentials: C81 Part 1 and C82 Part 2 or the Broker Level One Licensing Course (instructor-led or self-study); or
• Council’s Challenge Level 1 Examination.

– Prohibited from selling outside the office of a general insurance agency *as of May 1/22 a Level 1 can work inside the office of a general insurance agency or out of a home office approved by that agency;
– Must operate under the supervision of at least a Level 2 Agent/Broker; and.
– Authorized to sign insurance policies.

Level 2 – Currently holds a level 1 licence, and:

Successfully completes one of the following within the required timeframe as outlined in Reg 389/87, Section 2 :

• CAIB 2 and CAIB 3; or
• C130 Essential Skills for the Insurance Broker and Agent; and C131 Advanced Skills for the Insurance Broker and Agent; or
• Council’s Challenge Level 2 Examination; or
• has any one of the following designations: C.I.P., A.I.I.C., F.C.I.P., F.I.I.C., C.A.I.B., C.I.B., and C.R.M. or another designation that the council considers equivalent.
  • authorized to sell inside and outside of the office of a general insurance agency; and
  • authorized to sign insurance policies.

Level 3 – Currently holds a level 2 licence and has held a level 2 licence for a minimum of 2 years immediately prior to applying for a level 3, and:

Successfully completes one of the following within the required timeframe as outlined in Reg 389/87, Section 2 :

• CAIB 4; or
• C132 Practical Issues in Broker Management; or
• Council’s Challenge Level 3 Examination; or
• Another designation that the council considers equivalent.
  
  • Authorized to sell inside and outside of the office of a general insurance agency;
  • Authorized to sign insurance policies; and
  • Authorized to manage the office of a general insurance agency.

In order to qualify to become an Operating Agent (Designated Representative) of the agency/corporation/brokerage, the applicant must be eligible to hold a Level 3 licence as outlined above.  Non-Residents of Manitoba must hold the equivalent level of licence in their home jurisdiction.

Canadian Non-Resident applicants – Licence Equivalency Consideration

For Canadian residents outside of Manitoba, the ICM grants an equivalent level licence to the licence that the applicant holds in their home jurisdiction, upon satisfactory submission of a complete application.

If an applicant wishes to apply for a level of licence in Manitoba higher than they currently hold in their home jurisdiction, the applicant must provide proof of satisfactory education and a history of their licensing within their home jurisdiction verifying that the educational requirement and experience requirement have been met. The education and experience requirements are outlined above.

Please note: If the education requirement was completed over 12 months ago, it may not be used towards the higher level licence in Manitoba unless the applicant can provide proof to ICM of a continual licensing history from their home jurisdiction, dating back to the completion of that required education.

Amendments to the Insurance Agents & Adjusters Regulation were passed into law April 11, 2001, making these minimum requirements mandatory for residents and non-residents.

Pursuant to Section 371(1.1) of The Insurance Act of Manitoba and Section 13 of the Agents & Adjusters Regulation, amendment, you are required to carry a minimum of $1,000,000 in respect of any one occurrence with an overall policy aggregate of at least $2,000,000.

The policy must contain components as; coverage amounts that are exclusive of defense and investigative expenses; coverage that covers all of the insurance products that the insured is licensed to sell and will include coverage for the insured’s supervisory activities (if applicable), and for any unlicensed employee or administrative assistant for whose acts the insured is responsible. The coverage shall include extended reporting for a period of twelve (12) months, and will provide cover for errors and omissions that were made before the inception of the insurance, provided that the errors and omissions were made after June 1, 2001, and that the insured had no knowledge of the claim. The errors and omissions policy must not be restricted to a particular insurers’ product. An endorsement to include fraud and dishonest acts must also be included as a mandatory requirement of errors and omissions insurance.

You will be required to provide proof satisfactory to the Insurance Council of the existence of this policy when you are renewing your licence. The agents licence applications, including renewal applications, shall also require that the agents attest to having errors and omissions insurance in force, which is in compliance with this section, and that he or she shall immediately cease acting as an agent if such insurance ceases to be in force.

Pursuant to Section 372.1(1) of The Insurance Act of Manitoba, no licensed insurance agent shall carry on the activities of an insurance agent while he or she is not insured under a policy of liability insurance that meets the requirements of subsection 371(1.1).

In addition, Section 372.1(2) of The Insurance Act of Manitoba states, a licensed insurance agent whose liability insurance lapses, or is cancelled by the agent or the insurer, shall notify the Insurance Council of Manitoba without delay.

Telephone: 204-988-6800