General Design Document
Throughout 2007 the General Insurance Council ("GIC") has worked to update the examinations required to enter the industry as a certified agent/broker and to advance from a Level 1 to a Level 2 agent/broker. This review was based on the Skills Profile which has been adopted by regulators in Canada and resulted in the development of a detailed Skills Profile and Curriculum Design Document.
It is the intent of the GIC to develop examinations which test the measurable objectives identified in the Designed Document. The Council believes this will assist students in identifying areas of strength and areas needing further development in their own skill set.
In conjunction with new examinations the GIC proposes to request an amendment to the Insurance Agents and Adjusters Regulation to allow for a 3 level certification structure. Under the proposed structure, a Level 1 agent would operate Under Supervision, a Level 2 would be an Unrestricted certificate holder and a Level 3 would be a Management/Designated Representative level. We propose to eliminate the mandatory advancement from Level 1 to Level 2.
The GIC believes this will make it easier for individuals to enter and to remain active in the industry while continuing to maintain a high standard of education and proficiency. Council also believes this will enhance interjurisdictional harmonization and facilitate non-resident licensing for those agents and brokers who wish to be licensed in other provinces.
We are requesting that you review the document and provide us with your comments no later than June 30, 2008. The GIC is also seeking comment regarding the acceptance of equivalencies to the examinations approved and administered by the Council.
The GIC appreciates your assistance in updating and enhancing educational standards for those individuals seeking a career in the General insurance industry in Alberta.
Please submit your comments to:
J. Abram, C.E.O.
Alberta Insurance Council
901, 10088 - 102 Avenue
Edmonton, Alberta T5J 2Z1
Posted April 16, 2008