Left Navigation

Licensing of Insurers


Licensing of Insurers

​Similar to other professions, insurance representatives – including direct writers, brokers and agents – as well as insurance companies, are subject to government regulation.


Individuals must meet specific requirements to obtain a licence to sell insurance, such as:

  • Completing an application and paying the applicable fee
  • Securing sponsorship from an insurance company
  • Passing educational examinations

Insurance companies - licensing

The Office of the Superintendent of Financial Institutions regulates federally registered property and casualty insurance companies across Canada. Insurance companies are also subject to provincial and territorial government regulation. Licensing requirements for insurance representatives vary by province. You can search for an insurance company in the resources listed below.

 

​​Province ​Licensing for Insurance Companies
​British Columbia ​British Columbia Financial Institutions Commission
​Alberta ​Alberta Treasury Board and Finance
​SaskatchewanGovernment of Saskatchewan Financial and Consumer Affairs Authority
​Manitoba ​Superintendent of Insurance, Consumer and Corporate Affairs, Financial Institutions Regulations Branch
​Ontario ​Financial Services Commission of Ontario: Licensed Insurance Companies in Ontario
​Quebec ​Autorité des marchés financiers: List of insurers – P&C insurance
​New Brunswick ​Financial and Consumer Services Commission
​Newfoundland and LabradorService NL
(scroll down to Table V of the most recent Annual Report of the Superintendent of Insurance)
​Nova ScotiaNova Scotia Finance and Treasury Board: Office of the Superintendent of Insurance
(List not available online. Insurer licensing inquiries: 902-424-6331)
​Prince Edward Island (PEI) PEI Department of Justice and Public Safety. Consumer, Labour and Financial Services Division. Office of the Superintendent of Insurance

(Search insurance companies in the Corporate / Business Name Registry. Choose registration type “insurance companies”: http://www.gov.pe.ca/corporations/index.php)