THE CANADIAN CERTIFIED INSURANCE BROKER PROGRAM
The Canadian Certified Insurance Broker (CCIB) designation has become a coveted symbol of achievement among insurance brokers, recognized by the industry and by the public at large. The CCIB designation denotes a standard of excellence all commercial insurance brokers should aspire to. The CCIB sets a standard of quality and skills to merit public recognition throughout Canada, and to ensure that the broker profession will continue to flourish.
PROGRAM OVERVIEWThere is no formal course of study for the three CCIB examinations. The examinations test knowledge of all aspects of property and casualty commercial insurance, including the candidate’s ability to do risk management analysis. The designation is intended to demonstrate the holder’s practical competency gained through work experience.
Candidates must have a minimum of five consecutive years of experience in the insurance industry.
Graduates’ use of the CCIB designation, as with all IBAC designations, will be restricted to licensed Property and Casualty insurance brokers who are members or associate members of their provincial or regional brokers’ association. Non-members are welcome to take the CCIB program and will receive a Certificate of Completion upon graduation.
The designation is awarded upon the successful completion of three examinations. Candidates are challenged on their practical knowledge of Property and Casualty insurance coverage available in the marketplace. The candidates must demonstrate a comprehensive understanding of the Statutory Conditions, Insuring Agreements, Policy Conditions and
The examinations are as follows:
Essay Style Questionnaire
The three hour examination contains ten essay style questions concerning all aspects of Property and Casualty insurance.
The examination will test the practical application of the student’s technical knowledge in case study situations. Risk management analysis skills are also examined.
Short Answer Questionnaire
This two hour examination contains short answer questions covering all areas of Property and Casualty insurance. The examination will test the technical knowledge of the candidate.
Option 1 - Oral Examination:
This ninety minute examination is the closest “true to life” test to which a Canadian professional Property and Casualty insurance broker can be challenged. Candidates prepare an insurance proposal based on client information provided. They will be orally tested by a panel on the proposal they have presented, and will be examined from both a client and underwriting perspective.
Option 2 - Survey Examination:
This five hour open book examination assesses the Candidate’s ability to prepare a written survey based on an insurance proposal from a client’s perspective.
For more information or to register, contact a professional development specialist in your provincial insurance brokers association. »