New Insurance Licence Regime Compliance Resources

On February 1, 2023, two new Rules under the Insurance Act came into effect resulting in updates to the regulatory framework.

Any firm or individual who sells insurance in New Brunswick must familiarize themselves with the Rules and the new licensing requirements in order to comply with the licensing and market conduct expectations.

The following resources will help insurance intermediaries understand these changes, what they need to do to comply and what this means for their clients.

Industry Resources

Insurance Licences

Applying for your Insurance Licence

Application Fees 

News Release: Updates to New Brunswick Insurance Act increase consumer protections

Coming into force of Rule INS-001 Insurance Intermediaries Licensing and Obligations and Rule INS-002 Insurance Fees

Insurance Notice: Notice to Industry with Transition Information – Update Intermediary Licences based on requirements of Rule INS-001 Insurance Intermediaries Licensing and Obligations

Consumer Resources

Printable brochure: Do you want insurance with that?

Buying insurance from lenders, dealerships, and other merchants