Oct 1, 2021 | Insurance CE
More and more Canadian businesses are asking their employees to work from home during the COVID-19 pandemic. Many insurance brokers are now working remotely and companies are struggling with how to meet the continuing education requirements for this year’s insurance licensing renewal.
Amidst the current inability to conduct or attend in-person seminars or classroom settings, remote online courses are the safest and fastest way to obtain your continuing education credits.
With ILScorp’s flexible online options, it’s easier than ever to access high-quality education that will teach you skills relevant to the insurance industry and meet your mandatory provincial licensing renewal requirements.
ILScorp offers personalized technical and career advancement programs that are 100% online and self-paced. The content is high quality and courses are available in affordable subscription options, plus you can complete them anywhere you have an internet connection on your own schedule.
Getting started is simple.
Get CE Credits
ILScorp has customized online course subscription options for General, Adjuster, Life, A&S and Financial Planner licensees.
So if you or your entire company are working from home, you can complete your individual insurance CE requirements entirely online.
Group discounts are also available for 3 or more licensees.
Dec 3, 2020 | Insurance CE, News
In March 2020, Manitoba’s Superintendent of Financial Institutions had approved that the requirement for mandatory Continuing Education (CE) reporting for the 2020 licence renewal was to be deferred to May 2021 for all licensed agents, and deferred to June 2021 for all licensed adjusters. This allowed Manitoba licence holders who were required to report CE credits to renew their licences for 2020 without having to complete or report mandatory CE for the 2020 year.
This is an early reminder that licence holders must complete the required number of CE credits for both the 2020 and 2021 years, and report all of these hours prior to licence renewal for 2021.
GET CE CREDITS ONLINE
The Insurance Council of Manitoba (ICM) thanks industry for the positive feedback we received for the 2020 reporting deferral. We commend all stakeholders involved in the renewal process during May and June 2020.
For the 2021 Manitoba licence renewal, if you are required to complete and report CE in Manitoba, the following number of CE credits will be required to be completed and entered into your online portal before being able to renew your licence(s):
• General insurance agents: 16 CE credits completed and reported prior to May 31, 2021;
• Auto Only insurance agents: 8 CE credits completed and reported prior to May 31, 2021;
• Adjusters (N/A to Hail Adjusters): 16 CE credits completed and reported prior to June 30, 2021;
• Life and/or A&S agents: 30 CE credits completed and reported prior to May 31, 2021.
You will be unable to renew your licence(s) in 2021 if you do not complete and report the 2020 CE credit requirements in addition to the 2021 CE credit requirements.
However, as in each year, licence holders who are resident in another Canadian jurisdiction which has mandatory CE requirements are not required to also fulfil the Manitoba annual CE credit criteria.
For more detailed information on CE requirements in Manitoba, please refer to the Continuing Education Info page on the ICM website.
New Licensees as of June 1, 2020 (July 1, 2020 for adjusters) MUST ensure that their CE is accumulated in the 2020/2021 licence year. Refer to this page on the ICM website for additional information.
Examples of CE requirement scenarios for the 2021 year due to the 2020 deferral:
1. Example #1: If a general or adjuster licence holder currently has 4 credit hours applied/reported in the CE system on May 1, 2020, they would be required to obtain and report 12 additional CE credits to renew their licence in May 2021 (June 2021 for adjusters). Each year thereafter, they would be required to obtain the annual CE requirement of 8.
2. Example #2: If a life licence holder currently has 0 credit hours applied/reported in the CE system on May 1, 2020, they would be required to obtain and report 30 CE credits to renew their licence in May 2021. Each year thereafter, they would be required to obtain the annual CE requirement of 15 within their annual licence period (no carry forward).
3. Example #3: If a life licence holder currently has 19.5 credit hours applied/reported in the CE system on May 1, 2020, they would only be required to obtain and report an additional 10.5 CE credits to renew their licence in May 2021. Each year thereafter, they would be required to obtain the annual CE requirement of 15 within their annual licence period (no carry forward).
INSURANCE COUNCIL OF MANITOBA
contactus@icm.mb.ca www.icm.mb.ca
Jul 17, 2019 | Insurance CE
FRANCAIS
What’s included in your ILScorp Insurance CE course subscription?
Your Insurance CE Course Subscription gives you many options for obtaining your mandatory Continuing Education (CE) credits and for enhancing your knowledge of the insurance industry.
All CE courses are provincially accredited and written by insurance and financial services experts. Courses are completed entirely online with new courses being
added regularly at no extra charge.
Once registered, you receive a username and password, with immediate access to your courses. Courses do not need to be completed in one sitting, you can log in and out with the option to resume where you left off.
Once a course is successfully completed you can print your CE certificate immediately, and any time thereafter.
Your certificates are always available to you on your ILScorp profile and we keep them digitally on file for up to 7 years in case of audit.
Insurance CE Course Subscriptions
We also have a live customer service team available to assist you with any questions or course issues.
CAIB Exam Preparation as well as Provincial Level 1 Licensing Exam Preparation for BC, AB, SK, MB, RIBO and OTL. Live Immersion Training and Virtual Classroom training options are also available.
Any questions about your education training options please contact ILScorp!
Jul 17, 2019 | Insurance CE
ENGLISH
Votre abonnement vous offre nombre d’options pour obtenir vos unités de formation continue obligatoire et parfaire votre connaissance du secteur de l’assurance.
Tous les cours de formation continue sont reconnus par les provinces et écrits par des experts de l’assurance et des services financiers. Ils sont entièrement dispensés en ligne et de nouveaux cours sont ajoutés régulièrement, sans frais supplémentaires.
Après votre inscription, vous recevez un nom d’utilisateur et un mot de passe qui vous donnent immédiatement accès à vos cours. Ceux-ci n’ont pas à être complétés en une seule fois; vous pouvez quitter le site et y revenir pour reprendre votre formation là où vous l’aviez interrompue. Lorsque vous terminez un cours avec succès, vous pouvez imprimer votre certificat de formation continue
immédiatement ou en tout temps par la suite.
Vos certificats sont toujours accessibles dans votre profil ILScorp, et nous en conservons une copie numérique jusqu’à sept ans pour un éventuel audit.
Abonnement à la formation continue
De plus, l’équipe de notre service à la clientèle est à votre disposition pour répondre à vos questions ou résoudre toute difficulté rencontrée lors d’un cours.
Pour toute question sur vos options de formation continue, n’hésitez pas à communiquer avec ILScorp!
