Why Join IBC

Member and subscriber benefits

• Insurers and reinsurers

  IBC membership is open to federally and provincially licensed insurers and reinsurers in Canada. To be eligible, insurers must write one or more general insurance business lines (auto, home or business insurance).

  IBC members have access to the following:

  • Participation in IBC's regional and standing committees, advisory groups and Board of Directors, giving members the ability to shape IBC's policy, advocacy and strategic priorities that centre on industry needs

  • Information support delivered by Member Services

  • Subscription to industry publications

    • IBC Industry News, a regular newsletter to keep members up-to-date about IBC's activities plus emerging insurance issues across the country

    • Breaking News, timely bulletins on significant matters affecting the industry, IBC and our strategic priorities

  • Industry tools and resources:

    • IBC Advisory Policy Wordings: Habitational, commercial property, general property, and commercial general liability series wordings offer industry benchmarks and detailed information on industry forms and coverages

    • Status updates: Stay informed on emerging trends and major catastrophes

    • Legal Bulletins: Available in English and French, these outline industry-affecting legislative changes on topics such as auto insurance, tort reforms, taxation and privacy, as well as court decisions that have a significant effect on various aspects of the industry

    • Underwriting Bulletins: Information on changes to IBC Advisory Policy Wording (forms)

    • Claims Bulletins: Information on claims-related issues, cases and events affecting the industry

    • Position papers, submissions and research reports: These publications detail the facts behind industry issues.

    • Newsletters: These include the IBC Quarterly, Tax Newsletter and Atlantic Insurance Exchange.

• Managing general agents, brokers, others

  To be eligible as an IBC industry subscriber you must meet the following five criteria:

  1. be a federally or provincially incorporated business located in Canada 

  2. not underwrite insurance (not be an insurance or reinsurance carrier)

  3. provide goods and services to the Canadian P&C insurance industry

  4. not be a financial services regulator

  5. not be an individual or business that is engaged in the practice of law

  Note for managing general agents only: To become an IBC industry subscriber, you must be associated with an IBC member company.

• Subscriptions

  Companies not eligible for IBC membership may be eligible to be an IBC industry subscriber. There are two subscription types:

  1. Issues Management
     
     Benefits include access to:

     • IBC's member site

     • Legal bulletins

     • Almost all of IBC's advisory policy wordings

  2. Vehicle Information Services (VIS)
     
     Benefits include access to:

     • IBC's VIS portal

     • Vehicle description

     • VINlink dataset and decoder

     • CLEAR rate groups (only available if your customers are IBC member companies).