News and Latest Updates

Get up to speed on the latest news and developments from the Insurance Council of British Columbia.

June 2024

National Insurance Awareness Day

We’re calling all licensees to join us on June 28 to remind their clients of the importance of having adequate insurance coverage that meets their needs to safeguard against unforeseen circumstances. 
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May 2024

Consultation to validate the General Insurance Competency Framework

The Insurance Council has opened consultation to validate the General Insurance Competency Framework for Level 2, 3 and Nominee Licensees. 
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April 2024

Update on restricted licence for incidental insurance sales

The Insurance Council of BC has been tasked by the provincial government with implementing the new restricted insurance agency licence for incidental sales of insurance and recently published updated information about the development of the licence framework on its website.
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March 2024

Prepare for annual licence renewal

Annual licence renewal opens April 3. Review your licence requirements and ensure you have met your annual obligations before you renew your licence. The deadline to renew is June 3, 2024.
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February 2024

Changes to general and adjuster licence upgrades coming soon

The Insurance Council is introducing changes to general and adjuster licensure requirements that will make it easier for qualified insurance professionals to get their Level 3 licence.
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New free CE course offering on CE requirements

The new Insurance Council course is designed to help licensees improve their knowledge of the Insurance Council’s continuing education (CE) requirements and the guidelines for their licence class.
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Annual licence renewal webinar

The webinars are eligible for one CE credit and are complimentary, but registration is required. Attendees must attend the full session to receive CE credit and may only claim credit for attending one session.
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Reminder: Completion of annual CE requirements for licence renewal

Annual completion of continuing education is a requirement of insurance licensure in BC.
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Notification of updated fee schedule for 2024

The Insurance Council has published an updated fee schedule for licensure and related services, which will take effect April 1, 2024.
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January 2024

BC adopts national LLQP exam policy - Changes effective July 1, 2024

Canadian regulators for insurance intermediaries are adopting a unified national policy for the administration of the Life Licence Qualification Program (LLQP) examination. To align with the national approach, the Insurance Council’s adoption of the policy will result in changes to the current waiting period to rewrite the LLQP exam after a number of failed attempts. These changes will come into effect July 1, 2024.

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