RIBO licensing exam

The Insurance Institute of Canada administers licensing exams on behalf of the Registered Insurance Brokers of Ontario (RIBO). Exams may be written online using a virtual proctoring service or in person at an Institute examination centre.

The Institute is able to support online registration for the following exams:

Level 1

• RIBO Level 1 – Entry-Level Broker

Level 2

• RIBO Level 2: Technical/Commercial
• RIBO Level 2: Technical Farm

Level 3

• RIBO Level 3 – Management
• RIBO Level 3 – Accelerated Management

Equivalency exams

• RIBO Ontario Automobile Equivalency
• RIB Act, Regulations & By-laws Equivalency
• RIBO Ontario Automobile & RIB Act, Regulations, and By-laws combined Equivalency Exam

Preparing for your Level 1 - Entry-Level Broker exam:

If you prefer to learn on your own and set your own pace, then check out the study kit and online tutorial. You can work through the textbooks and use the questions in the tutorial to check your knowledge working independently at your own pace.

If you prefer to learn in a classroom setting with an instructor, then check out our virtual class learning options.

If you prefer the flexibility of learning on your own, listening to recordings and some guidance from an instructor, then check out our recorded online class.

Preparing for your Level 2 - Technical/Commercial exam:

If you prefer to learn on your own and set your own pace, then check out the study kit and online tutorial. You can work through the textbooks and use the questions in the tutorial to check your knowledge working independently at your own pace.

If you prefer to learn in a classroom setting with an instructor, then check out our virtual class learning options.

Preparing for your Level 3 - Management exam:

If you prefer to learn on your own and set your own pace, then check out the study kit and online tutorial. You can work through the textbooks and use the questions in the tutorial to check your knowledge working independently at your own pace.

If you prefer to learn in a classroom setting with an instructor, then check out our virtual class learning options.

Preparing for your Equivalency exam(s):

If you prefer to learn on your own and set your own pace, then check out the study kit and online tutorial. You can work through the textbooks and use the questions in the tutorial to check your knowledge working independently at your own pace.

If you prefer the flexibility of learning on your own, listening to recordings and some guidance from an instructor, then check out our recorded online class options. 

Virtual proctoring requires you to install software on your laptop/computer, allowing an online proctor to monitor your exam via your webcam, microphone, and system activity. The virtual proctor will closely monitor your on-screen activity and off-screen behavior.

If the proctor notices any unusual behavior during the exam, they will notify the Institute so that appropriate action can be taken. You are expected to follow all proctor instructions and Institute exam policies..

For more information on Virtual Proctored Exams, visit our Virtually proctored exams page.

Technical requirements:

Virtual proctoring has certain technical requirements. Please review the system requirements on our virtual proctoring page. You must ensure you can meet these requirements prior to registering.

 

In-person exams are computer-based exams held at select Institute centres. Sittings start promptly at the scheduled start time so please arrive at least 30 minutes early. Computers will be supplied and include secure features such as screen protection and locked-down browser software. A proctor will check you in when you arrive at the centre and verify your identity. You are expected to follow all proctor instructions and Institute exam policies.

Digital versions of policy wordings are permitted resources for RIBO exams. The RIBO website lists the available policy wordings for each exam.

You can access the policy wordings directly from the exam platform. In the menu bar, click the “i” (information) icon to open a pop-up window with a link to the policy wordings.

You can use the search function and the hyperlinked table of contents to find information.

An appeal is a re-evaluation of the accuracy of the original marking. Only the following exams are eligible for appeal and automatic remarking:

• RIBO Level 2 – Technical/Commercial
• RIBO Level 2 – Technical Farm
• RIBO Level 3 – Accelerated Management
• RIBO Level 3 – Management

An automatic remark occurs when an exam result is 3 marks or less below the overall pass mark. This process can take up to two (2) weeks.

An appeal is available to RIBO candidates whose exam result is more than 3 marks below the overall pass mark. Candidates can request an appeal within 7 days from the date their score report is released. A fee of $115 +tax will apply. Requests can be submitted via email at appeals@insuranceinstitute.ca.

The candidate will receive an updated score report within 4-6 weeks of receiving the appeal request. Please note that it is rare for a mark to change, and it may increase or decrease depending on the outcome of the re-evaluation. Candidates whose exam mark is 3 marks or less from the pass mark will have their exams automatically remarked before their scores are released. This process can take up to two (2) weeks.

If an appeal is successful, candidates will receive an updated score report within 4-6 weeks of the appeal request. Please note that it is rare for a result to change, and it may increase or decrease depending on the outcome of the re-evaluation.

An appeal is the final review of a student’s result, and no further reviews or appeals are available.

For questions about the virtually proctored exam experience, system requirements and how to register, please contact the Institute at riboexam@insuranceinstitute.ca.

For questions about the RIBO exam content, licensing requirements and processing times, please contact RIBO at licensing@RIBO.com.

For questions about RIBO equivalencies, eligibility and more, please contact RIBO at equivalency@RIBO.com.