The Insurance Brokers Association of Ontario (IBAO) will be hosting over 50 roadshow education events in 26 locations across Ontario to educate brokers on the newly amended automobile insurance regulations. There will be no cost for association members.
The new automobile insurance regulations were announced on Tuesday and will take effect on September 1, 2010. These reforms are the result of the Five Year Review of Automobile Insurance, commissioned by the Financial Services Commission of Ontario (FSCO). IBAO applauds the government’s mandate to provide better protection for consumers.
“We are very pleased with the amendments,” stated IBAO CEO Randy Carroll. “Ontario brokers are committed to informing and protecting their consumers. IBAO is also dedicated to the broker community and we are thrilled to announce the roadshow education events as a way to connect with local brokers and inform them of all the modifications.”
The roadshow educations events will begin in April and will focus on specific changes of the proposed reforms, best practices for brokers, legal and professional obligations of brokers and a preview of some of the tools the association will be developing for members to use when informing their customers.
The following dates have been announced:
North Toronto – April 19
Central Toronto – April 20
East Toronto – April 20
Ajax – April 21
Mississauga – April 21
Oakville – April 22
Belleville – April 22
Peterborough – April 23
Barrie – April 26
Kitchener – April 26
Huntsville – April 27
Brantford – April 27
Hamilton – April 28
Sudbury – April 28
North Bay – April 29
Niagara – April 29
Cornwall – May 3
Stratford – May 3
Brockville – May 4
Mildmay – May 4
Renfrew – May 5
Ottawa – May 6
Thunder Bay – May 10
Sault Ste. Marie – May 12
Windsor – May 12
Chatham – May 13
London – May 14
Stay tuned to our blog for for a snapshot of the latest updates in the insurance broker industry.