Canadian Accredited Insurance Broker (CAIB)

To establish yourself as a trusted insurance advisor, you need to have in-depth knowledge and understanding of all aspects of property and casualty insurance.  You need the Canadian Accredited Insurance Broker (CAIB) program.

You will immerse yourself in the study of Personal Lines, Commercial Lines, and Brokerage Management. Each course in this four-course program culminates in a national examination. Upon successful completion, eligible candidates are awarded the nationally recognized professional designation CAIB.

Students must complete all four modules and be working for a member broker in order to use the designation. For further information regarding designation use, please refer to the IBAC Terms of Reference:

• CAIB 1 - focuses primarily on general insurance. Students gain and demonstrate a practical understanding of habitational coverages, as well as insurance-related to personal liability, farming, personal auto, and travel. This course also emphasizes professionalism and exceptional customer service.
• CAIB 2 - introduces students into the world of commercial insurance, capturing the ins and outs of commercial property coverages, crime insurance, and business interruption products.
• CAIB 3 -  rounds out students' comprehensive knowledge of commercial coverages. It delves into risk management principles (including exposure identification), the Canadian legal system as it pertains to general liability, and other types of specialty commercial products, from marine and aviation insurance to commercial auto and surety bonds.
• CAIB 4 - prepares students to take on a leadership role in supervising or managing brokerage functions. Topics include the principles of management, organization, broker-carrier relations, technology, and human resources.

CAIB has been updated - here is what you need to know

CAIB New Edition 1.0 has been updated and modernized. The New Edition includes several key changes and improvements:

• The content has been updated to reflect current industry practices and includes new sample forms and policy wording. The new edition incorporates key concepts, scenarios, and case studies to connect technical information to real-world applications.
• Insurance Brokers Association of Canada (IBAC) will review the content annually to keep it current.
• The online learning platform features interactive elements like "click-to-reveal" content, digital notes, and a bookmarking function.
• Practice quizzes are now available after each module to help reinforce learning.
• The CAIB 4 exam now includes multiple-choice, definition, and short-answer questions to align with the other CAIB exams.

If you are new to the CAIB journey, you can go straight into CAIB New Edition 1.0 by registering here.

Have you already started the CAIB journey?
The below chart will explain which version you need to register for:

CAIB 1 and CAIB 4 New Edition study materials will fully replace the previous editions.

CAIB 2 and CAIB 3 must be taken using the same edition. If you have completed CAIB 2 using previous editions, you must continue with the previous edition of CAIB 3 (and vice versa) to ensure consistency in your learning path. NOTE: previous CAIB editions will only be available until December 31, 2026.

For more information, please contact the Professional Development Coordinator.