RIBO proposes updated supervision framework for insurance brokers

By Laurie LaPalme, Marisa Coggin and Jesse Collins-Swartz ( December 23, 2025, 3:09 PM EST) -- On Nov. 3, the Registered Insurance Brokers of Ontario (RIBO) released proposed changes to the supervision requirements applicable to RIBO licensees for public consultation (the proposed changes). According to RIBO, the proposed changes are intended to strengthen the effectiveness of supervision and promote closer compliance by licensees with applicable laws and regulatory guidance....