Alberta Insurance Council: regulates provincial insurance contracts, monitors provincially registered insures and issues licenses for agents and brokers.
Insurance Bureau of Canada is the national industry association representing Canada’s private home, car and business insurers. Its member companies represent 90% of the property and casualty (P&C) insurance market in Canada.The Insurance Bureau of Canada is mainly for consumer information, it's main role is to educate the public on insurance topics and issues. They also lobby the governments for changes that could help reduce losses across the country. Examples: changes to building codes, highway acts or local provincial Insurance Acts and legislation on behalf of Canadian Consumers. One of the great thing they do is provide the IBC forms, that are templates that uses common language and that Insurers base their own policy wordings on.
The Insurance Institute is the premier source of professional education and career development for the country’s property and casualty insurance industry. Established in 1899, the Institute is a not-for-profit organization serving more than 39,000 members across Canada through 19 volunteer-driven provincial institutes and chapters. Over 20,000 of those members are students and more than 17,000 are graduates who have earned the Chartered Insurance Professional (CIP) designation or Fellow Chartered Insurance Professional (FCIP) designation.
The Institute sets professional standards for the industry through education programs that lead to a range of designations, including the internationally recognized Chartered Insurance Professional (CIP) and Fellow Chartered Insurance Professional (FCIP). Graduates of these programs continue to enhance their expertise, experience and professional relationships by participating in the Institute-sponsored CIP Society.
On behalf of the industry, the Institute also conducts demographic research and produces reports and publications. We strive to keep our members up to date on insurance industry news and Institute happenings in our various newsletters, including IQ: Institute Quarterly, email updates and local news from our individual institutes and chapters from around Canada.