CE Requirements

CE Requirements
by kitedemon

About Professional Development Hours

Registered insurance brokers must complete a specified number of professional development hours during the current term to maintain their license.

There are a number of categories of professional development hours and there are requirements for each category.

Some hours can be carried over to the following term.

See the complete explanation here.

Updated designation: As of April 1, 2022, the Personal Hours category has been renamed to Professional Development. There are changes in the RIBO requirements also.  See the RIBO info here.

People meeting at a table by a window

RIBO Timeline

  • December 10, 1980 – Bill 118 was given third reading on December 10, 1980 and became the Registered Insurance Brokers Act. Certain sections of the Act were proclaimed April 1, 1981, so that the Board of RIBO could proceed with authority towards the implementation of “self-regulation” scheduled for October 1, 1981.
  • April 1, 1981 – Proclamation of the Act
  • The following sections of the Registered Insurance Brokers of Ontario Act were proclaimed and went into effect on April 1, 1981: 1, 4, 6, 8-12. 15-27, 30. 31. 33-35, 44, 46 and 47. These sections gave RIBO the authority to act.
  • May 25, 1981 – The Honourable Gordon Walker, the Minister of Consumer and Commercial Relations, requests that a draft copy of the RIBO Regulations be sent to all brokers in the province for review and comment. The draft was mailed out in June.
  • September 23, 1981 — The final RIBO Regulation is approved by the Government of Ontario.
  • October 1, 1981 – The balance of the Act, relating to those sections imposing obligations on the former agents and brokers (now all called brokers), was proclaimed as of October 1, 1981, and self-regulation came into effect.

Read the complete article here.