Insurance Council of BC Regulatory Update 2023

A recording of the Regulatory Update 2023 is now available. This one-hour presentation provides an overview of the latest information in BC insurance regulation and the Insurance Council's current and upcoming priorities and initiatives.

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Published October 23, 2023

The Insurance Council is hosting its inaugural Insurance Council of BC Regulatory Update 2023 on November 15, 2023. Chair Donna Thorne and CEO Janet Sinclair will give updates on what's happening in BC insurance regulation, Insurance Council's priorities and initiatives that are of the of interest to our licensees, and what we are planning for the future. This online event is a great opportunity to hear about important topics, including:

• An overview of regulatory activities and trends from 2022/2023

• Progress updates on major initiatives such as restricted licensing for sales of incidental insurance, competency and qualification standards for general insurance licensure, and updates to the Insurance Council's Rules

• Updates regarding key priorities of the Insurance Council, such as alignment with international insurance regulatory standards; regulatory support for developments in InsurTech; engagement with industry and public stakeholders; and technology and service improvements

• What's next: Insurance Council regulatory priorities for 2024-2026

Please note, this is an informational public event and is not eligible for credit to meet Insurance Council of BC Continuing Education (CE) requirements.