CAIB Program

Increase your business competence, confidence, and credibility as an insurance professional with the Canadian Accredited Insurance Broker (CAIB) program.

To establish yourself as a trusted insurance advisor, you must have in-depth knowledge and understanding of all aspects of property and casualty insurance. Throughout the CAIB curriculum, you will immerse yourself in the study of personal lines, commercial lines, and brokerage management.

Each course in this four-course program culminates in a national examination. Upon successful completion of the four examinations, eligible candidates are awarded the nationally recognized professional CAIB designation. Graduates are awarded their CAIB diploma and lapel pin at the annual IBAS Convention.

Graduates of non-member brokerages who complete the CAIB program receive a certificate of completion, but are ineligible to use the CAIB designation unless that individual becomes an Associate Member with IBAS.

Click here to understand how CAIB fits into Saskatchewan's insurance licensing framework.

Course Outline

CAIB 1

CAIB 1 focuses primarily on general insurance. Students gain and demonstrate a practical understanding of habitational coverages, as well as insurance related to personal liability, farming, personal auto, and travel. This course also emphasizes professionalism and exceptional customer service.

CAIB 2

CAIB 2 introduces students into the world of commercial insurance, capturing the ins and outs of commercial property coverages, crime insurance, and business interruption products.

CAIB 3

CAIB 3 rounds out students' comprehensive knowledge of commercial coverages. It delves into risk management principles (including exposure identification), the Canadian legal system as it pertains to general liability, and other types of specialty commercial products, from marine and aviation insurance to commercial auto and surety bonds.

CAIB 4

CAIB 4 prepares students to take on a leadership role in supervising or managing brokerage functions. Topics include the principles of management, organization, broker-carrier relations, technology, and human resources.

Study Options

Self-Study

Students can register and purchase textbooks for self-study at any time. All CAIB students have access to online tutorials ($49 each for members, $99 for non-members), which contain downloadable resources and presentations, videos, and progress quizzes. Once the tutorial has been activated, the student has 12 weeks of unlimited access.

Online CAIB Preparation Course

IBAS, in partnership with Ensure Training, brings the traditional facilitator-led classroom experience fully online, accessible anywhere you have the internet. Students learn from qualified educators, who can address questions live in the virtual classroom. Students then have the independent freedom using the web-based learning management system to access study materials and other tools on-demand. The most current textbook is required for this course.

CAIB Immersion Course

The most popular method of study is the CAIB Immersion program. Led by industry-best facilitators, this week-long course is a truly comprehensive experience, where students have the opportunity to directly engage in the concepts being discussed. This hands-on method of learning prepares students to successfully write the exam on the final day of the course.

Course Costs

Costs are per CAIB course. All courses and materials are subject to GST.

Study Materials $220 ($420 for non-members)
Exam $450
Online Preparation Course, CAIB 1-4 $600 
Immersion Course Fees, CAIB 1-3 $450 ($675 for Non-Members)
Immersion Course Hotel & Meals, CAIB 1-3 (Optional) $1,275
Immersion Course Meals Only, CAIB 1-3 (Optional) $425
Immersion Course Lunches Only, CAIB 1-3 (Optional) $135
Immersion Course Fees, CAIB 4 $600 ($900 for Non-Members)
Immersion Course Hotel & Meals, CAIB 4 (Optional) $1,450
Immersion Course Meals Only, CAIB 4 (Optional) $450
Immersion Course Lunches Only, CAIB 4 (Optional) $140

Course & Exam Registration Process

  • Step 1: Register for the course you want from the below listing.
  • Step 2: Once you have registered, it will appear in your IBAS account under My Courses.
  • Step 3: On the My Courses page, you will be able to register and pay for the online exam or paper exam (National Exam).

Course Listings

Upcoming Courses
Date Course
Available Now Self-Study - CAIB 1
Available Now Self-Study - CAIB 2
Available Now Self-Study - CAIB 3
Available Now Self-Study - CAIB 4
Dec 4, 2019 National Exam - CAIB 1
Dec 4, 2019 National Exam - CAIB 2
Dec 4, 2019 National Exam - CAIB 3
Dec 4, 2019 National Exam - CAIB 4
Jan 18, 2020 CAIB 3 Immersion - Regina
Feb 5, 2020 National Exam - CAIB 1
Feb 5, 2020 National Exam - CAIB 2
Feb 5, 2020 National Exam - CAIB 3
Feb 5, 2020 National Exam - CAIB 4
Mar 7, 2020 CAIB 4 Immerson - Regina
May 2, 2020 CAIB 1 Immersion - Saskatoon
May 6, 2020 National Exam - CAIB 1
May 6, 2020 National Exam - CAIB 2
May 6, 2020 National Exam - CAIB 3
May 6, 2020 National Exam - CAIB 4

Exam Format

The CAIB 1, 2, and 3 exams consist of 12 definition questions, 10 multiple choice questions, and 26 short answer questions. The CAIB 4 exam, meanwhile, consists of 18-20 short/long answer questions. The pass mark required for each examination is 60%.