Last Updated on June 8, 2026 by Jacques Wong, B.Sc.
If you’re planning to get or upgrade your Ontario insurance broker license, there are some important changes coming that you need to know about.
The Registered Insurance Brokers of Ontario (RIBO) has announced updates to their licensing requirements and exam fees, effective January 1, 2026. Here’s what’s changing and what it means for you.
What’s Changing?
New RIBO Level 2 Requirements
Starting January 1, 2026, there will no longer be a standalone RIBO 2 exam. Instead, you’ll earn your RIBO Level 2 (Unrestricted – Technical) license by:
Passing all three of the following exams:
- CAIB 1
- CAIB 2
- CAIB 3
Alternative pathway: You can also qualify by passing CIP C130 & C131.
Essentially, what this does is bring the Level 2 requirement for RIBO in-line with what is required in other provinces.
New RIBO Level 3 Requirements
The RIBO 3 pathway is also changing starting Jan 1, 2027. To earn your RIBO Level 3 (Unrestricted – Management) license, you’ll need to:
- Hold a RIBO Level 2 license (optional: you can opt to waive the Level 2 exam and proceed directly to RIBO 3)
- Pass the Level 3 Management or Level 3 Accelerated Management Exam (AME) if eligible
The difference between the 2 RIBO Level 3 exams is that the full Level 3 Management exam will also test Administration & Finance whereas the Accelerated Management Exam is just RIB Act + Regulations & Form 1 Financial Statement.
Our RIBO 3 course will help you prepare for either exam.
Exam Fee Increases
Along with these licensing changes, exam fees are also increasing:
- New exam fee: $325 (up from $300)
What This Means for You
If You’re Just Starting Out
Good news! The path to RIBO Level 1 hasn’t changed. You’ll still need to pass the RIBO 1 exam to get your entry-level license and start working in the industry.
If You’re Working Toward RIBO Level 2
The new requirements actually align better with industry standards. The CAIB courses provide more comprehensive coverage and are recognized across Canada, not just in Ontario.
Our revised RIBO 2 course package contains all the courses you need to get you there. We offer a complete package to help you pass all 3 pre-requisite exams (CAIB 1, 2 & 3).
If You’re Aiming for RIBO Level 3
You’ll now need to complete the RIBO 3 Management exam or the AME. This ensures you have a strong foundation in all aspects of insurance before moving into management roles.
We have a RIBO 3 package to help you pass either the AME exam or the full RIBO 3 exam.
Why These Changes Matter
These updates bring Ontario’s licensing requirements more in line with other provinces and emphasize the value of the CAIB designation. The CAIB is widely recognized across Canada as the gold standard for insurance broker education, so earning these credentials benefits your career whether you stay in Ontario or expand to other provinces.
How PNC Learning Can Help
We’re here to support you through these changes:
- RIBO 2 Bundle (CAIB 1, 2 & 3) – $449 (save $200)
- CAIB Designation Bundle – $549 (save $450)
- RIBO 3 Bundle (for AME exam) – $249
Our courses break down complex concepts into plain language, offer 24/7 access via web or mobile app, and include support from experienced instructors who have been in your shoes.
Questions?
If you’re not sure which course you need or have questions about how these changes affect your licensing journey, we’re here to help. Reach out to us at info@pnclearning.com and we’ll guide you through the process.
The insurance industry is evolving, and so are the requirements. But with the right preparation and support, you’ll be ready to meet these new standards and advance your career.
Ready to get started? Browse our full course catalog to find the right path for your goals.