The Ontario Broker - Volume 23, Issue 3 - 25

NOVA SCOTIA
Keri Foley, Professional Development/Marketing Coordinator
Insurance Brokers Association of Nova Scotia (IBANS) & Insurance
Brokers Association of Newfoundland (IBAN)
Unique Challenges
Our broker associations are structured a bit differently on the
east coast. We don't have CEOs, just two staff members who work
for both the Nova Scotia and Newfoundland Associations -myself
and my colleague, Debbie Paul, Member Services Coordinator.
In Nova Scotia, climate is a huge concern. We had a major
hurricane, wildfires and flooding all within eight months, which
isn't common. A shrinking membership base due to M&A
activity is a huge challenge for us on the east coast.
Provincial Roundup
Pending Regulatory Changes
Our Auto Review in Nova Scotia started pre-2020 and
Fun Fact: Dartmouth is home to the world's most famous
talking Christmas Tree, Woody.
feedback was provided by industry and consumers in February.
We're waiting on the final announcement from the government.
Licensing
IBANS does not handle any applications or changes to
licensing. For specific questions about licensing, we ask that
you contact the Office of the Superintendent of Insurance at
ininst@novascotia.ca. In Nova Scotia, there are three levels of
licensing:
* Level 1 - These brokers require supervision by a higher
level broker. Individuals must successfully complete the
FOI or CAIB 1 module.
* Level 2 - To qualify for a Level 2 license individuals
must have previously held a Level 1 license, or have the
equivalent qualifications acceptable to the Superintendent
of Insurance, and successfully complete the FOI or CAIB 1
module, as well as CAIB 2 and CAIB 3 modules.
* Level 3 - To qualify for a Level 3 license individuals
must have previously held a Level 2 license, or have the
equivalent qualifications; and successfully complete the
FOI or CAIB 1 module, as well as CAIB 2, CAIB 3 and CAIB
4 modules.
We offer free practice exams for CAIB students. In any Atlantic
province, CE credits aren't recognized. However, we still have
larger than average attendance at our webinars and courses.
Volume 23 | Issue 3
Pop Culture: Peace by Chocolate was formed in Antigonish,
NS and their story of resilience led to a book, movie and
international recognition.
25
Underrated Landmark: Georges Island-a National Historic
Site located in Halifax Harbour.
The Ontario Broker - Volume 23, Issue 3

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