The Insurance Brokers Association of Ontario (IBAO) is pleased to announce the launch of a new e-learning course Ethical Steps: Facing Ethical Situations in Insurance. In response to RIBO’s introduction of an ethics continuing education requirement for brokers, which came into effect October 1st, the IBAO leveraged its new learning management system My IBAO Learning Path to facilitate the course.
“It’s important to be nimble and be able to act quickly to changes across the industry,” said IBAO CEO Colin Simpson. “One of the main objectives of our new e-learning platform is to be able to respond quickly to changing educational requirements and have the ability to create timely, relevant education for our members.”
RIBO’s new requirement aims to tackle ethical dilemmas that brokers face in the day-to-day of their jobs. “The course we’ve designed provides brokers with a framework to address ethical situations on a consistent basis,” said IBAO Education Supervisor & Instructional Designer, Kevin O’Hare. “With this training, brokers will be able to successfully recognize and manage situations that could result in conflicts or potential conflicts given their professional and legal obligations to consumers.”
This is one of the first courses designed specifically for brokers to acquire continuing education hours in the ethics category. Brokers must earn a minimum of one hour of ethics training per year as part of their total continuing education hours.
“Brokers face ethical dilemmas every day in insurance – learning how to navigate them is imperative,” said Simpson. “With this new training our members will learn best practices and be guided to make the right decision in challenging situations.”
This course is free to IBAO Members and is available on-demand through the My IBAO Learning Path platform. This is the latest addition to a growing library of custom-built online offerings which include courses on cannabis legalization, Ontario auto and travel/health insurance. Creating these courses and moving CAIB exams online are the result of IBAO’s efforts to evolve their broker education experience.
9 Comments
tino simonetta
Better education to promote better understanding of insurance
Danny
I am interested to do Ribo, Ethics & E&o training online.
Jeff
We offer a RIBO Prep Course online, which you can find in the top menu under Education > Licensing.
Our Ethics eLearning Course and our E&O Seminars are exclusively available to IBAO Members.
Jennifer Cook
Can you provide a link for the ethics and the E&O courses? I went to My IBAO however, there are no courses listed at all.
Jeff
With our new eLearning page you can more easily search our catalogue by keyword or even better in this case, by Accreditation Type using the pulldown menu. Here’s the library filtered to display only Ethics courses.
Carol Herbert
Please confirm when the next ethics course is
Jeff
Hello Carol! The next ethics course will be a 1-hour webinar, on October 29th. You can register here: https://www.ibao.org/education/continuing-education/webinar-ethical-considerations-for-insurance-brokers/
Deb Leithwood
could I be informed for when another ethics course is being provided please
thank you
Jeff
Thank you for your interest Deb. We currently have two different ethics courses on our eLearning platform and we’re planning a third for October. Our ethics courses are available to IBAO Members free of charge. If you need any help accessing your account, contact our membership team.