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.
CAIB New Edition 1.0
CAIB (2013)
Licensing Equivalencies
Updated Content
In January 2026 the IBAA will be rolling out a completely revamped and updated CAIB New Edition 1.0. Familiarize yourself with some of the major changes here.
- Revamped Content - The CAIB hasn't been updated since 2013. This update will completely revamp and modernize the content.
- All-inclusive Purchases - Purchases will include the textbook, the full self-directed web course, and enrollment into the exam. No more buying each item piece-by-piece.
- Comprehensive Online Program - Each purchase will include access to the online content which will include all the practice material you will need.
- Exam Format Update - Each exam has been restructured to share in similar formatting. Each exam will include multiple-choice questions, definitions, and short answer.
- CAIB 2/3 Format Changes - The content provided within modules 2 and 3 has been re-arranged. To understand how this might affect you, please check out the CAIB (2013) tab.
If you're just looking to purchase the current CAIB modules and prepare for an exam please keep scrolling.
CAIB 2013 Edition
Upon launching the revamped CAIB program in January 2026, we will be immediately ceasing the sale of all 2013 CAIB modules with minor exceptions:
- Exams - The old exam will remain available to those who have purchased and studied using the older material until December 31st, 2026. Failing to complete the older exam within this 12 month time-frame will mean that you will need to re-enroll from scratch within the new program.
- CAIB 2/3 - The content within CAIB 2 and 3 has been reorganized. What this means is that if you have previously completed the CAIB 2 or 3 exam, but not the other, you will be required to complete the older version of the incomplete module. Failing to complete the both CAIB 2/3 by Dec 31, 2026 will require you to retake both within the new program.
To better understand the CAIB 2/3 situation please refer to this graph:
If you achieved...
You will study from and write exam based on...
Previous CAIB Editions
Previous CAIB Editions
CAIB New Edition 1.0
CAIB 1
-
CAIB 2, 3 & 4
CAIB 2
CAIB 3
CAIB 1 & 4
CAIB 3
CAIB 2
CAIB 1 & 4
CAIB 2, 3, & 4
-
CAIB 1
Licensing Equivalencies
With the updated CAIB, licensing equivalencies remain unchanged. 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 and Objectives
The CAIB program can help you meet a number of objectives within your career.
- 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
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.
If you do not have the related textbooks, be sure to purchase them separately, scroll below for the links. Or you can click here to go directly to our storefront.
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 Tuesday of every month(except January and May). For further details or to register, you can find these sessions available on our Event Calendar.
Bursary Program
The Insurance Brokers Association of Alberta (IBAA) is proud to offer a CAIB Bursary Program. This initiative is designed to support new entrants to the insurance industry by providing opportunities for career advancement and professional growth through the Canadian Accredited Insurance Broker (CAIB) program.
Before applying, please review the details and requirements outlined below.
Program Details and Objectives
The goal of the bursary program is to provide accessible learning opportunities to those seeking to enter the insurance industry. It encourages participation from underrepresented groups, fosters the development of new talent, and strengthens the broker community as a whole. The bursary program will help support small or mid-sized brokerages by providing them with a pool of educated young brokers to take the industry to new heights.
- Annual Bursary: 5-10 students will be selected each year to complete their Level 1 equivalency through the CAIB program.
- Entry Points: Applications will be accepted twice annually, with deadlines at the end of June and December.
- Program Start Dates: Cohorts will commence in September and March. Exact start dates will vary depending on CAIB immersion scheduling.
What's Included?
Recipients will receive the tools and resources needed to complete their Level 1 license through the CAIB program, including:
- Full coverage of CAIB 1 and CAIB 2 (equivalent to Level 1 licensing)
- Textbooks, study guides, and immersion courses (or equivalent)
- One attempt at all required exams
Note: Any additional exam attempts will be at the recipient’s expense.
Eligibility
Applicants must meet the following criteria:
- Demonstrate genuine interest in a career in the insurance industry
- Have no brokerage affiliation or affiliated with a brokerage with less than 25 brokers.
- Minimum 18 years of age
- High school diploma (or equivalent)
- No prior insurance industry experience required
To see a full list of eligiblity criteria and get an idea of what will be looked for please refer to this document.
Expectations
Recipients must complete the licensing process within one year of start date, provide progress updates to IBAA when requested and participate in available mentorship or networking opportunities.
Application and Selection
Submission Requirements: Applicants will provide a completed application form, a personal statement (500-1000 words), and two letters of recommendation (one personal and one professional).
Evaluation Panel: Applications will be reviewed and voted on by a panel consisting of:
- One representative from the host sponsor
- Two representatives from IBAA
- One member-at-large
- The IBAA CEO
The panel will assess candidates based on their commitment to the insurance profession, career goals, financial need, and alignment with program objectives.
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
The IBAA is happy to announce the return of our CAIB graduation ceremony. Graduates attend for free. Bring your friends, colleagues and family! We will be rotating the graduation ceremony each year between Edmonton and Calgary. 2025 is in Edmonton. Click the button below to enroll or read more details on the event.
