To sell insurance in Ontario while residing in Quebec, you must hold a valid RIBO license, which is the designation required to sell or discuss automobile, personal, commercial, or any other type of property and casualty insurance in Ontario. If you are based in Quebec and wish to operate in Ontario, you should obtain a Level 1 RIBO license at a minimum. This entry-level license permits you to engage in general insurance transactions, which encompasses a broad range of insurance products.
The Registered Insurance Brokers of Ontario (RIBO) is the regulatory body responsible for licensing and overseeing insurance brokers in Ontario. To acquire a Level 1 RIBO license, applicants must successfully pass the RIBO examination, which covers various insurance principles, ethics, regulations, and practices specific to Ontario.
Additionally, even if you are based in Quebec, you must comply with both Quebec’s and Ontario’s insurance laws and regulations, which may include holding a simultaneous license within Quebec and conducting cross-border business legally. It is advisable to consult with RIBO directly or seek legal advice to ensure full compliance with all requirements and for guidance on how to manage cross-provincial insurance activities effectively.
