Equivalency Prep - RIB Act , Regulations & By-Laws
Leverage your experience in insurance to take the next step in your career and earn your Ontario Brokers License.
Redesigned For Your Future Success
Whether you’re a licensed broker in another province, you hold an OTL license from FSRA, or you have other applicable experience in Ontario, this course is your fast track to becoming an Ontario Insurance Broker.
Two courses—RIB Act, Regulations & Bylaws and Ontario Auto—each dedicated to helping you to challenge the Equivalency Exam you need to get your RIBO L1 License.
Equivalency Preparation Course
RIB Act, Regulations & By-Laws Exam. This course is best suited for someone with extensive P&C insurance experience within Ontario (eg OTL license). Knowing the RIB Act (the legislation behind RIBO, Ontario’s Insurance Broker regulator) is a requirement for all working Insurance Brokers in Ontario. This course helps breakdown the RIB Act into suitable parts, and includes a practice exam.
Eligibility
Individuals who hold an active OTL license with FSRA (or have in the pass year)
Out-of-Province licensed insurance brokers*
Agents, Underwriters, and other individuals with extensive insurance knowledge may qualify to write this exam.
Note to Insurance Agents moving into the Broker channel: The Insurance Act is not the focus of this course, nor is it major part of these Equivalency exams.
These online courses are non-refundable after purchase.
Please review the equivalency page and RIBO exam information page for more information regarding eligibility. Individuals who have questions about their eligibility to write the exam can contact equivalency@ribo.com. It is important to check & confirm your eligibility with RIBO before booking your exam.