All entities or individuals wishing to conduct insurance business in Ontario as an insurance company, insurance agent or a corporate insurance agency must be licensed with the Financial Services Regulatory Authority of Ontario (FSRA).
Entities or individuals wishing to conduct insurance business as a general insurance broker or brokerage must be licensed with the Registered Insurance Brokers of Ontario (RIBO).
For more information on how to obtain a licence, please visit:
The Autorité des marchés financiers (AMF) supervises and controls insurance business in Québec. The AMF’s authorization is required for any enterprise that carries on insurer activities in Québec.
In order to offer financial products and services in Québec, individuals must hold a right to practice issued by the AMF.
The Chambre de l’assurance de dommages (ChAD) is the self-regulatory organization (SRO) responsible for overseeing and enforcing the ethical conduct and compulsory professional development of licensed damage insurance professionals (agents, brokers and claims adjusters).
The Chambre de la sécurité financière (CSF) is the body responsible for overseeing the ethical conduct and compulsory professional development of financial security advisors, group insurance and group annuity plan advisors, mutual fund dealer representatives and scholarship plan dealer representatives. The CSF is also responsible for overseeing the ethical conduct of financial planners. The CSF provides preventive oversight and enforces discipline on individuals in these fields.
All entities and individuals wishing to conduct insurance business in Saskatchewan must obtain a licence. Insurers are licensed by the Superintendent of Insurance, through the Financial and Consumer Affairs Authority of Saskatchewan.
Entities and individuals wishing to conduct insurance business in the Yukon must be licensed with the Office of the Superintendent of Insurance. Insurance agencies and brokerages are not required to hold a licence.
For more information on how to obtain a licence, please:
CCIR developed a standardized Application for Insurer's Licence form. The form is used by insurers seeking incorporation and/or a licence to undertake the business of insurance in a Canadian jurisdiction. Click here for a link to the Insurers Application.
Similarly, insurance agents or brokers currently licensed in a Canadian jurisdiction and applying for a non-resident licence in another Canadian jurisdiction (except the Yukon and Alberta) can use the application forms that have been jointly developed by CCIR and CISRO. Click here for a link to the Agent & Broker Applications.