About IBAO’s College Programs
To foster awareness and recruitment to the insurance broker profession, IBAO has partnered with various colleges across Ontario who offer insurance training programs.
- Centennial College
- Conestoga College
- Fanshawe College
- Humber College
- Mohawk College (only exam)
To help students in college insurance programs further achieve their career goals to work in insurance or become an insurance broker, IBAO offers various programs:
- RIBO Level 1 Exam Sponsorship
- In Person Networking Events
- Virtual Networking Events
- Mentorship Programs
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What does the IBAO RIBO Level 1 Sponsorship Include?
This sponsorship includes:
- Complimentary Becoming an Insurance Broker textbook (Hardcopy or E-book).
- Complimentary 180-day access to our online guided Broker Launchpad On Demand Course.
- Complimentary RIBO Level 1 “Acting Under Supervision” Online Exam.
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What are the requirements to apply for IBAO’s RIBO Level 1 Exam Sponsorship?
- The student must be enrolled in one of our partnered College insurance programs.
- The student must have access to a desktop/laptop to write the RIBO exam online.
- Once an enrolled student applies, the College program coordinator will review and approve the application.
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How do I apply for IBAO’s RIBO Level 1 Exam Sponsorship?
- Students enrolled in our partnering College Insurance program will be notified by their program coordinator when the registration is open.
- The online registration link will be sent by their program coordinator.
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What’s the difference between hardcopy textbook and eBook?
Hardcopy textbook is the paper textbook that is shipped through FedEx. A Canadian shipping address is required to receive the textbook. Once shipped, the tracking link is emailed.
eBook is the digital version that works through a Kortext App. You can view the textbook in the Kortex app on your tablet, smartphone, eReader or computer. It allows you to make notes, highlight text, change font, font size and paper colour, so you can customize it to exactly how you like to read. You’ll be required to sign up for a free account with Kortext, but the textbook will be yours as long as your account is valid.
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Is the eBook accessible offline?
If you download the Kortext App, you can view and have full functionality of your eBook offline. If you’re viewing the eBook through a web browser, you’ll need to be online.
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Can I print my eBook?
No – the eBook is only available digitally.
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What is the RIBO On Demand Course?
- This is an online guided learning course that we call “Broker Launchpad”.
- You have 180-day access to lessons specific to each chapter of the textbook. It can be accessed by any device, from anywhere, anytime.
- Start, stop, review and complete practice exams as often as you like.
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How do I Access the RIBO On Demand Course?
- Once you have been approved for the RIBO Level 1 Exam Sponsorship, you will be sent your IBAO online account ID and password.
- Once you have been registered for the course, you will receive an email with step-by-step instructions on how to access the course.
- You will need your IBAO online account ID and password to login to your course, which we will provide in the welcome email.
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What happens if my 180-day access expires?
The sponsorship includes 180-day access. You will need to purchase the course at your own expense once the initial 180-days expires.
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How do I apply to write my sponsored exam?
- If you are approved for the RIBO Level 1 “Acting Under Supervision” Exam by your program coordinator, you will be contacted by IBAO to confirm the assigned exam date. IBAO will work with your program coordinator to ensure that you are in fact a student actively registered in the insurance program with the College.
- Once you are confirmed, you will be registered for the exam. An email with a unique link to schedule your exam time and proctor will be sent to you.
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Can I select my sponsored exam date?
No, the exam date is arranged between your program coordinator and IBAO based on your insurance program schedule. We work with your College to find an exam date that does not conflict with your other program exams.
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Sponsorship Value
Students are provided with all complementary materials, however fees are applicable, if:
- The student provides an incorrect textbook shipping address or the textbook is lost due to no fault of the IBAO. A $50.00 re-shipping fee in addition to the cost of the textbook ($235.00) will be charged.
- The student withdraws from the exam and provides cancellation notice in 15 days or less to the exam date. A $75 administration fee will be charged.
- The student withdraws from the exam, but does not cancel their online proctor appointment prior to 24 hours of their exam. A $40 online proctor fee will be charged.
- The student breaches an examination rule. IBAO will review and assess the student’s sponsorship eligibility.
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Applicable Rules
- Students must book their online proctor and exam time at least 5 calendar days prior to the exam date.
- If the student misses their scheduled exam date and do not give notice, IBAO will assess the circumstances and determine if they are still eligible for their second sponsored exam.
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Mentorship Program
This program gives students access to an experienced broker that provide information and guidance on what it is like to work in the industry. The goal is to nurture professional development or growth for students as they pursue their career goals.
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Networking Events
We organize various types of networking events that provide an opportunity for students to connect with brokers who are members with our association.
Examples include:
- Meet the Broker Day
- Career Fairs
- Young Brokers Conference Sponsorship