News and Bulletins
*UPDATED INFO* NOTICE – TEMPORARY OFFICE CLOSURE AND EXAMS POSTPONED - COVID-19
Updated to April 15, 2020
The Insurance Council of Manitoba continues to monitor and assess developments with COVID-19. The health and safety of the public, our licensees and our staff are our priority. Council has been taking special measures to ensure that we continue to provide services and carry out our role as a regulator.
The ICM offices continue to be closed to the public, however ICM is continuing all of its business functions remotely online and via email. Telephone messages can be left for ICM staff or on the general line, however all responses will be provided via email.
PLEASE NOTE: The vast majority of licensing transactions can be submitted and completed on ICM’s online licensing portal. Please visit your dashboard in ICM’s licensing portal regularly for additional ‘News and Bulletins’ that may relate to your licence class.
ICM’s online licence renewal system will be taking place as usual - agent licences must be renewed prior to May 31, 2020. As in past years, all licence renewal functions are online, and available to be completed by the licence holder remotely. Reporting of mandatory Continuing Education (CE) has been deferred for all licence holders; this means that all licensees who are required to report CE credits may renew their licences this year without having to complete or report CE for this year. Please see the COVID-19 FAQs on the ICM website for more information. The staff at ICM are working diligently on ensuring licence renewal continues to be a seamless and efficient process.
All exams written in the ICM office are suspended for an additional 30-day period, up to and including May 18th, 2020. No new exam registrations are being accepted until further notice. If you have already registered for an exam, you will be contacted to re-schedule. Your exam fees will be available to you to re-schedule and attend an exam at a later date. Council will be assessing the situation on an ongoing basis, and will determine whether new exam dates may be scheduled after May 18th, 2020.
ICM will be considering extending the one-year certification expiry date as appropriate, so that candidates can write the LLQP exams once rescheduled. Further information will be available at a future date.
Please visit the ICM website for further information regarding exams, or if you have specific questions, please contact our Exam Coordinator.
ERRORS AND OMISSIONS INSURANCE:
Errors and omissions insurance for licence holders is a critical component to public protection. It is essential that agents and agencies continue to ensure that their E&O insurance is current and provides appropriate levels of coverage. Licensees should plan for timely completion of E&O renewals to ensure there are no gaps in coverage. Due to the changing nature of the business environment, it is strongly recommended that licensees review with their E&O provider any conditions or changes that would affect their current coverages.