IBAO Mission and Vision Statements
In 2012, an IBAO Strategic Planning Session created brand new mission and vision statements for the organization. These statements succinctly summarize the key goals underlying all IBAO activities.
IBAO Vision Statement
IBAO is the industry leader that drives collaboration to implement innovative solutions.
IBAO Mission Statement
To be the advocate for the independent Insurance Broker driving collaboration between members, consumers and other stakeholders resulting in innovative solutions for the betterment of the industry.
Who Are We?
The Insurance Brokers Association of Ontario (IBAO) is a non-profit professional business association for independent insurance brokers representing the province of Ontario. Representing more than 12,000 brokers across the province, we collaborate with insurance industry stakeholders and government to build and maintain a sustainable business environment that allows individual brokerages to thrive.
IBAO represents our members' interests to government, as well as to insurance industry stakeholders. These bodies recognize us as the authoritative voice of Ontario's independent brokers. IBAO deals with governmental issues affecting the insurance industry and reviews proposed legislation to ensure consumers are protected.
IBAO is also a member of the national association representing brokers, Insurance Brokers Association of Canada (IBAC). Through this membership, IBAO ensures that the needs of Ontario's independent brokers are taken into account whenever the Canadian government or the insurance industry seek to introduce policy shifts that affect brokers across the country.
To qualify for membership, an insurance broker must first pass a licensing exam as set by the Registered Insurance Brokers of Ontario (RIBO) and are then required to meet all of the IBAO’s membership standards.
IBAO Milestones & Achievements - 1919-2012