Last Updated on March 1, 2022 by Jacques Wong, B.Sc.
The Canadian Accredited Insurance Brokers (CAIB) programs are used in many provinces for licensing and across Canada for the CAIB Designation. For example, if you want to become an insurance broker in BC, AB, SK, MB, or the Atlantic provinces, you would need to take the CAIB exam preparation courses. In other provinces like Ontario, they form the basis of the province’s own RIBO testing for insurance brokers.
CAIB Designation
The CAIB designation is a mark of excellence and expertise among property & casualty insurance brokers in Canada. If you look around, all the most senior insurance professionals will have a CAIB next to their name.
To get your CAIB Designation, you need to pass all 4 modules of the CAIB program and be employed at an IBAC-affiliated brokerage.
PNC Learning has a long history of delivering the best rated CAIB exam preparation courses online serving over 10,000 students and nearly 200 5-star review on Google Reviews.
CAIB Exam Preparation Courses
CAIB 1
The CAIB 1 is an approved pre-licensing course that qualifies students to get a Level 1 license in many provinces.
This course covers:
- Intro to General Insurance
- Habitational Insurance (home, condo, rented dwellings, etc.)
- Farm Insurance
- Personal Automobile Insurance
- Professionalism
- Travel Insurance
CAIB 2
The CAIB 2 program is one of the 2 courses you need to get your Level 2 license.
Topics include:
- Commercial Property Insurance
- Crime Insurance
- Business Interruption Insurance
CAIB 3
The CAIB 3 program is the other of the 2 courses you need for your Level 2 license.
Topics covered in the CAIB 3 course include:
- Introduction To Legal Liability
- Commercial General Liability
- Commercial Automobile Insurance
- Ocean Marine & Aviation Insurance
- Surety Bonds
- Risk Management
CAIB 4
The CAIB 4 module is the final module in the CAIB program and is required to get your Level 3 license in many provinces.
This module covers management related topics including:
- Brokerage Formation
- Insurer Relationships
- Management
- Technology & Operations
- Marketing
- Building Long Term Relationships
- Customer Service
- Sales
- Database Management