There are four Insurance Councils, The Alberta Insurance Council, the Insurance Adjusters’ Council, the General Insurance Council and the Life Insurance Council.
The Alberta Insurance Council is the financial and governance arm of the councils and it provides investigation and administrative services to the other councils. The Alberta Insurance Council also provides administrative services to the Continuing Education Accreditation Committee appointed by the Minister of Treasury Board and Finance.
The Insurance Adjusters’ Council, General Insurance Council and the Life Insurance Council are the regulatory bodies responsible for the licensing and professional discipline of insurance agents and adjusters in the Province of Alberta. The Councils are formed under the Insurance Act and they derive their authority from delegations from the Minister of Treasury Board and Finance.
The Alberta Insurance Council and the Ministry of Treasury Board and Finance work together to ensure that consumers are protected and that companies, insurance adjusters and insurance agents operate at the highest standards.
Since April 1, 2011 all issues, concerns or complaints regarding insurance companies previously handled by the Alberta Insurance Council are dealt with by the Office of the Superintendent of Insurance. All issues, concerns or complaints regarding insurance agents or licensed independent insurance adjusters will continue to be dealt with by the AIC.
The Insurance Council’s derive their authority through delegations from the Minister of Finance and Enterprise, copies of those delegations can be viewed at the links below.
|Delegations to the Insurance Councils|
|Alberta Insurance Council|
|Insurance Adjusters’ Council|
|General Insurance Council|
|Life Insurance Council|
|Examiner Delegation CEO|