The CAIB program is a nationally recognized professional designation and licensing equivalency that provides in-depth knowledge and understanding of all aspects of property and casualty insurance. Many students prefer to opt for their CAIB designation rather than a traditional licensing path due to the higher success rate, national recognition, and the deeper level of general insurance knowledge provided by the program.
- Apply your technical knowledge to practical situations
- Enhance your business competency
- Develop your marketing skills
- Strengthen your professional skills and ability
- Maximize your potential for management positions
- Earn your designation by taking all four courses, or take individual courses to sharpen your skills in a particular area
The Alberta Insurance Council (AIC) recognizes the CAIB program as containing equivalent education to that of their general insurance licensing exams. The AIC accepts a passing grade from the following combined CAIB modules as equivalent to their licensing exams:
- CAIB 1 & 2 = Level 1
- CAIB 1, 2, & 3 = Level 2
- CAIB 1, 2, 3, & 4 = Level 3
During the application process you will be required to provide your CAIB transcript proving successful completion to the AIC. Your transcript can be found on your profile alongside your CE Certificates. For further details on the process please review the official ruling provided by the AIC. Having a license does not count toward completion of the CAIB.
Designation Essentials
Study Options
The IBAA offers a number of methods to prepare for the CAIB exams. These will range from being entirely self-directed study, all the way to working with a group of students in a live course.
Read more about each option below
Self-Directed Learning Program with Optional Live Study Support
Unlock the full content of a comprehensive Immersion class in a flexible, on-demand format. This self-directed program lets you study at your own pace, with access tailored to fit your schedule. Here’s what you’ll get:
- 90-Day Access Per Module: Registration grants 90 days of access to a recorded session from a live Immersion Course, ensuring you have ample time to dive into the materials one step at a time.
- Exclusive Resources: Gain access to knowledge quizzes, session handouts as well as a comprehensive practice exam.
- Optional Live Study Session: Enhance your understanding with an optional live session led by a certified instructor. This is your chance to ask questions and clarify areas you’re less confident in. See our Events Calendar for upcoming dates and fees, you can add this to your cart at checkout to enhance your learning pathway.
- Earn 16 CE Credits: Upon successfully completing the exam with a passing grade of 60% or higher, you’ll be awarded 16 Continuing Education credits.
Need more time? Simply re-register to extend access and continue learning at your own pace. Contact us directly for an extension.
*Textbooks sold separately
*To ensure access is provided to the correct individual, please make sure you complete this purchase with the account of the intended student.
Live Courses
The IBAA will periodically offer live courses presented through Zoom, in-person, or a hybrid of the two. The list of upcoming courses regularly updates with new courses, to see an extensive list, please refer to our Event Calendar.
CAIB 2 Online Weekend Immersion
Feb 22-23 & Mar 1-2
Level up quickly through IBAA's live weekend warrior CAIB sessions. Over two intensive weekends, you can level up and work towards your CAIB designation to grow your career.
CAIB 3 Online Weekend Immersion
Mar 22-23 & 29-30
Level up quickly through IBAA's live weekend warrior CAIB sessions. Over two intensive weekends, you can level up and work towards your CAIB designation to grow your career.
CAIB 1 Online Weekend Immersion
Apr 26-27 & May 3-4
Level up quickly through IBAA's live weekend warrior CAIB sessions. Over two intensive weekends, you can level up and work towards your CAIB designation to grow your career.
Tailored Learning: Custom Group Training Solutions
Looking to elevate your brokerage with a CAIB course tailored to your unique needs? We specialize in creating customized learning experiences designed to fit your team’s timeline and objectives. Whether you're sharpening skills or diving into new strategies, we’ve got you covered! Contact us at education@ibaa.ca so we can help you find the best fit for your professional development needs.
Here’s the best part—our custom CAIB courses are available for groups of eight or more, and we’re all about rewarding growth. Gather a team of 10, and each participant gets a $25 discount. Bring in 15, and the savings jump to $50 per person. Got a team of 20? Your savings grow to $75 per person!
We keep class sizes capped at 25 to ensure personalized attention, meaningful engagement, and ample Q&A time. Let us help you find the perfect path to success—reach out today, and let’s craft something amazing together!
Looking to simplify your administration of CAIB enrollment? If you are a multi-provincial brokerage that is looking to place students in a course collectively across multiple jurisdictions, contact education@ibaa.ca to inquire as to how we can facilitate this for your team.
*Discounts available when purchasing course and exam together only.
**Please allow up to 10 business days to coordinate and schedule your course to ensure we can accommodate your needs based on the regulatory requirements and facilitator availability.
Enhanced Study Tools
The additional study tools below are available to both course participants and self-directed learners. These tools are not required for course participation but can assist in preparation for the Exam.
Captus Study Tool
An optional additional tool provided by our online partner Captus to offer further assistance in preparing for the exam. Click here for more details.
Exams
Students are required to take the requisite exam in order to complete each module. Visit the exam tab within this page for more information.
Textbooks
Textbooks are required for course work or self-direct study, and are purchased separately from course registration. Students interested in an entirely self-directed study option can purchase the textbook and study guide below then book their exam when ready.
CAIB 1: General Insurance
Through completion of the CAIB 1 you will gain an understanding of the following:
- General insurance
- Habitational insurance
- Personal liability insurance
- Farm insurance
- Personal automobile insurance basics
- Professional service and regulations
- E&O considerations
- Travel insurance
CAIB 1 - Textbook
Self-Study
16 CE hours for General and Adjuster Licenses upon completion of exam.
Study Guide and additional tools sold separately
CAIB 1 - Study Guide
Self-Study
16 CE hours for General and Adjuster Licenses upon completion of exam.
Textbook and additional tools sold separately
CAIB 2: Commercial Insurance
Through completion of CAIB 2 you will gain an understanding of the following:
- Commercial property insurance
- Underwriting commercial property insurance
- Commercial property policy forms
- Additional coverage and miscellaneous commercial property forms
- Crime insurance
- Business interruption insurance
CAIB 2 - Textbook
Self-Study
16 CE hours for General and Adjuster Licenses upon completion of exam.
Study Guide and additional tools sold separately
CAIB 2 - Study Guide
Self-Study
16 CE hours for General and Adjuster Licenses upon completion of exam.
Textbook and additional tools sold separately
CAIB 3: Commercial Insurance
Through completion of CAIB 3 you will gain an understanding of the following:
- Commercial liability legal perspective
- Commercial general liability policy
- Commercial automobile exposures
- Marine and aviation insurance
- Surety bonds
- Risk management
CAIB 3 - Textbook
Self-Study
16 CE hours for General and Adjuster Licenses upon completion of exam.
Study Guide and additional tools sold separately
CAIB 3 - Study Guide
Self-Study
16 CE hours for General and Adjuster Licenses upon completion of exam.
Textbook and additional tools sold separately
CAIB 4: Brokerage Management
Through completion of CAIB 4 you will gain an understanding of the following:
- Planning
- Organizing
- Human resources
- Leading
- Broker insurance-company relations
- Marketing
- Building long-term relationships
- Technology and brokerage operations
- Brokerage financial management
- Monitoring
CAIB 4 - Textbook
Self-Study
16 CE hours for General and Adjuster Licenses upon completion of exam.
Study Guide and additional tools sold separately
CAIB 4 - Study Guide
Self-Study
16 CE hours for General and Adjuster Licenses upon completion of exam.
Textbook and additional tools sold separately
Exams
You will need to take the requisite exam in order to complete each module. All exams are closed-book, 3.5 hours in length, and are written digitally. To register use the link below. Please read the proctor options and restrictions below before completing your registration.
Price per exam:
- First Attempt - $410/$510
- Rewrites - $160/$210
All prices are displayed as Member/Non-Member.
Virtual Proctor Option
The virtual proctor option allows students flexibility in when and where you write your exam. Through the Meazure Learning/ProctorU platform you are connected to a proctor and will be asked to show your workstation to ensure the integrity of your exam. This option does not require you to pick a date right away as Meazure will contact you to book the exam.
Meazure charges $36.50 USD for each booking.
Physical Proctor Option
We recognize that some students prefer an in-person proctor. To secure a physical proctor you need to source them yourself and they must meet the requirements set out on the proctor nomination form.
We do offer proctor services at our office in Edmonton. These will be hosted on the first Wednesday of every month(except January and May). For further details or to register, you can find these sessions available on our Event Calendar.