There are several levels of certification and licencing you must achieve to become an insurance broker. The following is a guide of the different levels and what each level allows you to do as a broker:
| Level 1 Auto Only Broker Licence |
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Auto Broker Technical Course
This course is designed for a person new to the insurance industry who is interested in selling automobile insurance. Successful completion qualifies for a Level 1 Auto Only Broker Licence. |
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| Level 1 Licence |
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Fundamentals of Insurance Course
This course is designed for a person new to the insurance industry.
Method of Study - Homestudy & Exam
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Canadian Accredited Insurance Broker Course**
This course is suitable for a person who has been in the insurance industry for a year and is interested in making insurance a career. This also is the first step in obtaining the Canadian Accredited Insurance Broker designation (CAIB 1). A student must complete the four levels of the CAIB 1 course and be a member of the Association, to qualify to use this designation. |
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| Level 2 Licence |
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Canadian Accredited Insurance Broker Course**
A person must successfully complete CAIB 2 and CAIB 3 to qualify for a Level 2 licence. |
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| Level 3 Licence |
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Canadian Accredited Insurance Broker Course**
A person must successfully complete CAIB 4 to qualify for a level 3 licence. Also must have two years with a Level 2 licence. |
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Level 1 Auto Only Broker Licence authorizes the holder to sell only basic compulsory and optional extension automobile insurance issued by Manitoba Public Insurance Corporation and only inside the office of a general insurance agency under the supervision of the holder of a licence authorized to carry on the activities permitted under section 4
Level 1 licence authorizes licence holder to sell, inside but not outside the office of a general insurance agency and under the supervision of the holder of a Level 2 licence, every category of insurance including accident and sickness insurance (excluding life insurance).
Level 2 licence authorizes licence holder to sell insurance (excluding life insurance) inside and outside the office of a general insurance agency.
Level 3 licence authorizes licence holder to sell insurance policies (excluding life insurance), both inside and outside of the office of a general insurance agency and to manage the office of a general insurance agency
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