Consultation to validate a General Insurance Competency Framework in BC

Published May 22, 2024

The Insurance Council of BC is working to standardize the required skills and entry to practice requirements for general insurance licensees and applicants in BC. The General Insurance Competency Framework will identify the knowledge, skills and abilities required of a general insurance professional operating in BC. 
 
The Level 1 General Insurance Salesperson Competency Framework was approved by Council in September 2022 following consultation. Since its approval, the Insurance Council has developed competency frameworks for the remaining licence levels in general insurance (2, 3 and Nominee).
 
In April 2024, the Insurance Council  hosted a workshop with industry subject matter experts to refine a draft Competency Framework for General Insurance Level 2, 3 and Nominee licensees. The workshop was held over two days where attendees participated in discussions to ensure the framework reflected reasonable industry standards.
 
The next phase of development is the process of validating the General Insurance Competency Framework for level 2, 3, and Nominee licences. This involves engaging licensees to ensure the competencies reflect a reasonable and realistic minimum standard to practice general insurance. Insurance Council licensees for each of these licence levels will be contacted via email and asked to provide their input on the proposed framework via online feedback form.
 
The Insurance Council will receive feedback on the competency framework from May 21 - June 11. After reviewing responses, the Insurance Council will determine if any competencies in the framework require revision. Following the validation period, a final General Insurance Competency Framework will be presented to Council for approval.
 
For additional information please visit the General Insurance Salesperson Competency Framework webpage.