As of January 1, 2025, the entire foundation of how the Registered Insurance Brokers of Ontario evaluates new talent has shifted from a 'what do you know' model to a 'what can you actually do' model.
RIBO level 1







As of January 1, 2025, the Registered Insurance Brokers of Ontario has shifted the RIBO Level 1 Exam from a memorization-based model to a competency-based model. This pivot focuses on what a candidate can actually do rather than just what they know. The exam now evaluates practical application, such as how a broker handles real-world client scenarios or navigates complex contracts, ensuring new talent is ready for the functional demands of the profession.
The new RIBO Competency Profile and Blueprint outline ten core competencies required for professional insurance licensing in Ontario. These competencies range from legal compliance and relationship management to continuous learning and practical problem-solving. This holistic approach ensures that candidates are not just walking encyclopedias of insurance definitions but are functional professionals capable of managing client relationships and technical insurance tasks effectively from their first day on the job.
With the shift to the 2025 RIBO Blueprint, students can no longer rely solely on highlighting definitions or memorizing textbooks. Your study strategy must evolve to focus on practical application and the ten core competencies tracked by the Registered Insurance Brokers of Ontario. Preparation should involve understanding how to apply insurance knowledge to real-life situations, such as assisting a client with a flooded basement, rather than just reciting facts for the Ontario insurance broker license.
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