Oct 10, 2017 | News
The CSF accreditation for the CSF compliance courses listed below is expiring October 18, 2017.
All access to these courses will be removed as of October 19, 2017.
These courses are available as part of your ILScorp CSF Course Subscription. If you have not completed these courses in the past, you have until Wednesday October 18, 2017 to complete them.
As long as you successfully complete these CSF Compliance courses before the expiry date of October 18, they are valid for your November 30, 2017 CSF Requirements.
If any of these courses are showing in your Completed Course History, you have already taken them and cannot repeat them for your CSF requirements.
COURSES WITH UPCOMING ACCREDITATION EXPIRATION DATE OF OCTOBER 18, 2017.
Dealer Member Examination and Audit
Inspection et audit des sociétes
To honour their principal mandate which is to protect investors and strengthen market integrity, regulatory organizations perform regular audits of their members. Discover the process of an audit and witness the importance and the scope of the work performed by experiences auditors. You will be re-assured.
CSF15-10-36536
3 Compliance
IIROC and Compliance
L’OCRCVM et la conformite
This national self-regulatory organization has the mandate to protect investors and strengthen market integrity. It carries out its regulatory responsibilities through setting and enforcing rules regarding the proficiency, business and financial conduct of dealer firms and their registered employees. Discard the unknown and familiarize yourself with its structure as well as its roles and responsibilities. You will discover the means this organization uses to set and enforce market integrity rules regarding trading activity on Canadian equity marketplaces.
CSF15-10-36524
2 Compliance
The Canadian Securities Industry
L’industrie canadienne des valeurs mobiliéres
A good way to learn or improve one’s knowledge of the securities’ industry! Get acquainted with the various components of the industry’s ecosystem (regulators, stock exchanges and others); demystify their roles and responsibilities; and, understand their place within the industry.
CSF15-10-36534
3 Compliance
Proceeds of Crime Laundering and Terrorist Activities Financing
Recyclage des produits de la crimialte et financement des activités terrorists
The recycling of the proceeds of crime, better known as “money laundering”, is a process by which the proceeds of crime are converted into apparently justifiable capital by complex operations made by the deposit and withdrawal systems of financial institutions. Learn the new laws and main regulations put into place, as well as the requirements set towards the brokerage firms.
CSF15-10-36535
2 Compliance
CSF Course Subscription
Oct 10, 2017 | News
New courses now available as part of the ILS ChAD PDU Course Subscription
With the ILS ChAD Accredited Online Courses Subscription you will:
-
- have 6 months access to over 70 accredited ChAD insurance training courses in both text and streaming video formats
- access over 100 PDUs in the categories administration and insurance techniques, professional development and professional compliance and Law and Legislation
- have a digital record of your completed course work, which we keep on file for up to seven years
More Info on ChAD Subscription
New ChAD Accredited Courses
COMPLIANCE – 3 PDUs (min of 3 PDUs required)
Introduction to Ethics for Damage Insurance Professionals
Introduction à la déontologie pour les professionnels et les Experts en assurances de dommages
Credit Hours: 3
Credit Type: Conformite/Compliance
LAW AND LEGISLATION – 3 PDUs
Introduction to the laws of the Autorite des marches financiers
Introduction aux lois de l’Autorité des marchés financiers (AMF)
Credit Hours: 3
Credit Type: LAW
PROFESSIONAL DEVELOPMENT – 2 PDUS (maximum of 5 permitted)
Client Service and Sales
Ventes et service à la clientèle
Credit Hours: 2
Credit Type: Professional Development
INSURANCE TECHNIQUE – 8 PDUs
Introduction to Insurance Fraud
Introduction à la fraude dans les assurances
Credit Hours: 2
Credit Type: Insurance Technique
Statement Taking and Investigations
Prise de déposition et enquête
Credit Hours: 1
Credit Type: Insurance Technique
Homeowners Comprehensive Form: Part 1 – Property Coverages Agreements and Definitions
Formule générale des propriétaires occupants: Garantie des biens (accord et définitions)
Credit Hours: 1
Credit Type: Insurance Technique
Commercial Property Broad Form Part 1
Formule etendue des biens commerciaux module 1
Credit Hours: 2
Credit Type: Insurance Technique
Commercial Property Broad Form Part 2
Formule etendue des biens commerciaux module 2
Credit Hours: 2
Credit Type: Insurance Technique
ADMINISTRATION – 4 PDUs
Cyber Risks for Insurance Professionals
Introduction aux risques cybernétiques pour les professionnels de l’industrie des assurances
Credit Hours: 3
Credit Type: Administration
Sales Management and Marketing
Gestion des ventes et marketing
Credit Hours: 1
Credit Type: Administration
TOTAL OF 20 PDUS
Meeting the 3 Compliance PDU minimum and does not exceed the 5 maximum Professional Development PDUs.
20 hours of training or Professional Development Units (PDUs) must be completed in the following categorie
- 12 Administration and/or Insurance Techniques and/or Law and Legislation
- 5 Professional Development and/or any other category)
- 3 Professional Compliance
Sep 22, 2017 | News
12 new courses in both English and French added to the ILScorp CSF Course Subscription!
Access over 100 PDUs in the categories compliance, insurance of persons, general subjects and group insurance of persons. Plus ILScorp will keep a digital record of your completed course work on file for up to seven years.
More Info on CSF Subscription
New CSF PDUs Now Available for Your 2017 Requirements
COMPLIANCE = 9 NEW PDUs
An additional 3 PDUs obtained through CSF mandatory course available only through CSF website
http://www.chambresf.com/en/education/education-offers/
Investing in a Corporate Social Responsibility Framework
(French version coming soon)
Credit Hours: 2
Credit Type: Compliance
Credit #: CSF17-03-39320
https://ilscorp.com/investing-corporate-social-responsibility-framework/
Introduction to Cyber Risks for Insurance Professionals /
Introduction aux risques cybernétiques pour les professionnels de l’industrie des assurances
Credit Hours: 3
Credit Type: Compliance
Credit #: CSF17-07-39912
https://ilscorp.com/cyber-risks-insurance-professionals/
Risk Management Techniques and Identity Theft / Vol d’identité et techniques de gestion de risques
Credit Hours: 1
Credit Type: Compliance
Credit #: CSF17-07-39931
https://ilscorp.com/risk-management-techniques-and-identity-theft/
Cours de conformité du Québec sur les lois sur la confidentialité
(English Version coming soon) Quebec Compliance Course on Privacy Laws
Credit Hours: 3
Credit Type: Compliance
Credit #: CSF17-08-39971
GENERAL SUBJECTS = 16 NEW PDUs
Basic Business Valuations
Credit Hours: 2
Credit Type: General Subjects
Credit #: CSF17-07-39921
https://ilscorp.com/basic-business-valuations/
Client Service and Sales / Ventes et service à la clientèle
Credit Hours: 2
Credit Type: General Subjects
Credit #: CSF17-07-39920
https://ilscorp.com/client-service-and-sales/
How to Improve your Management Skills / Comment devenir un dirigeant ou superviseur efficace
Credit Hours: 4
Credit Type: General Subjects
Credit #: CSF17-07-39929
https://ilscorp.com/how-to-improve-your-management-skills/
Behavioural Finance
Credit Hours: 4
Credit Type: General Subjects
Credit #: CSF17-07-39925
https://ilscorp.com/behavioural-finance/
Prospecting and Objections to Price / La prospection de clientèle et comment surmonter les objections de prix
Credit Hours: 4
Credit Type: General Subjects
Credit #: CSF17-07-39930
https://ilscorp.com/prospecting-and-overcoming-objections-to-price/
INSURANCE OF PERSONS = 11 NEW PDUs
Al and the individual pension plan
Credit Hours: 4
Credit Type: Insurance of Persons
Credit #: CSF17-08-39969
https://ilscorp.com/al-individual-pension-plan/
The Role of Insurance in Estate Planning / Le rôle de l’assurance dans la planification successorale
Credit Hours: 5
Credit Type: Insurance of Persons
Credit #: CSF17-07-39874
https://ilscorp.com/the-role-of-insurance-in-estate-planning/
Term and Permanent Life Insurance Explained
Credit Hours: 2
Credit Type: Insurance of Persons
Credit #: CSF17-08-40006
https://ilscorp.com/term-permanent-life-insurance-explained/
CSF PDU REQUIREMENTS FOR NOVEMBER 30 2017
A representative must accumulate the following professional development units (PDUs):
o 10 PDUs in general subjects;
o 10 PDUs in compliance with standards, ethics and business conduct;
o 10 PDUs in topics specific to each sector or registration category in which he/she is authorized to pursue activities:
INFORMATION NOTICE AND NOTICE OF NON-COMPLIANCE
Failure to comply with the rules governing compulsory professional development will lead to a suspension of the representative’s certificate or of his registration in the sectors or registration categories in which the requirements have not been met.
Information notice
No later than 30 days prior to the end of a reference period, the CSF will send an information notice to every representative who has not accumulated the required number of PDUs, informing him of the consequences of non-compliance with the professional development requirements.
Sep 13, 2017 | News
RIBO CE Accredited Courses Available as Part of your ILScorp General CE Course Subscription.
The ILScorp General CE Course Subscription contains over 190 online courses and 330 continuing education credits. ILScorp online courses offer the opportunity to complete your mandatory 2017 RIBO CE requirements from the comfort of your home or convenience of your workplace. Course access is available for a full 6 months from the date you purchase and are accessible immediately. As an industry leader in insurance broker education in Canada, we pride ourselves in bringing you the most accurate and up to date information through our online courses.
Here are some of the new RIBO accredited courses for 2017 available as part of the ILScorp General CE Course Subscription
General CE Course Subscription
When the Smoke Clears Understanding Smoke Damage
Credit Hours: 1
Credit Type: RIBO – Technical
More Info on Course
Making the Right Ethical Decisions
Credit Hours: 1
Credit Type: RIBO – Personal Skills
More Info on Course
Client Service and Sales
Credit Hours: 2
Credit Type: RIBO – Personal Skills
More Info on Course
Sales Management and Marketing
Credit Hours: 1
Credit Type: RIBO – Management
More Info on Course
RIBO General insurance – October 1 to September 30 annually – 8 or 10 CE credits, depending on experience and role
Upon renewal, the licensee must self-declare that he or she has obtained the required amount of continuing education credits. The Registered Insurance Brokers of Ontario (RIBO) recommends that licensees keep continuing education certificated for five years as random spot checks for compliance is possible.
Continuing education requirements vary by license and experience, as follows:
Principal brokers and deputy principal brokers:
- 10 hours of continuing education credits accumulated between October 1 and September 30
- 5 hours must be in the Management category
- Carryover of 10 hours is permitted each year
All other licensed individuals:
- 8 credit hours accumulated between October 1 and September 30
- Credits can be obtained in any category
- Carryover of 8 hours is permitted each year
Newly-licensed individuals:
- 8 credit hours accumulated between October 1 and September 30
- Newly-licensed individuals are exempted for the remainder of the license year that they were registered
Sep 5, 2017 | News
Insurance plays a prominent role in our everyday lives. Whether you are a homeowner, you rent a house or an apartment, or you own or lease a vehicle you need to protect yourself against the unexpected. As the older generation of employees in the insurance industry continue to retire, the demand for fresh talent rises. An education in this field opens up opportunities for a career that allows you to explore different paths and grow as a professional.
ILScorp has partnered with triOS College of Business, Technology and Healthcare, to create the Insurance Specialist diploma program. This program will prepare you with the essential skills you need in standard coverages, regulations and claims adjusting, and other key areas that will prepare you for a career in this sector. This program includes training and the ability to write the Registered Insurance Brokers of Ontario (RIBO) exam, an 8-week internship and more!
The Insurance Specialist diploma program at triOS is 45 weeks. It includes an 8 week internship.
PREPARATORY STUDIES
Student Success Strategies, Computer Fundamentals, Microsoft Office Applications, Career Planning & Preparation
WORKPLACE SKILLS
Interpersonal Communication, Client Relations, Critical Thinking, Group Dynamics
INTRODUCTION TO INSURANCE
General Insurance Standard Coverages, Insurance Regulations and Claims Adjusting, Ontario Specific Coverage and Forms, RIBO Exam Prep, Job Ready Provincial Compliance,
Insurance Industry Professional Ethics, Broker Skills Development, Property Insurance, Automobile Insurance
INTERNSHIP (8 WEEKS)
Students in this program will learn the main duties of an Insurance Broker:
Advocate on behalf of clients to ensure client satisfaction with insurance coverage
Build and manage client relationships with prospective, new and existing clients
Maintain relationships and client service levels by conducting renewal and follow-up clients
Issue insurance certificates, make policy changes and prepare documents
Book a Tour at triOS College Today and Discover a Richer, More Rewarding Future!
Call: 1-877-550-1160
Jul 27, 2017 | News
New Online Course Sales Management and Marketing
1 RIBO MANAGEMENT CE
This course is included as part of your ILS CE Course Subscription
The objective of this course is to provide you with knowledge on how to manage, maintain and increase sales to ultimately increase profit
Topic covered include:
- Sales Management
- Sales Plans
- Measurement and Monitoring
- Sales Compliance
- Marketing Products and Services
Learn More About the Course
Sales Management
The objective of most sales organizations is to maintain and increase sales to increase profits. But organizations have limited resources to apply to meet their goal of increasing sales and profits. The organization’s Sales Manager is responsible for producing and managing a sales plan that will maximize the return on the investment that an organization commits to its sales processes including:
- Developing in conjunction with senior management the organizations sales goals
- Selecting and hiring staff
- Organizing sales staff to effectively and efficiently sell insurance products
- Developing sales staff and motivating them to produce results
- Measuring and monitoring results and applying resources to maximize sales opportunities
- Ensuring that all sales and marketing tactics are compliant with Federal and Provincial rules and regulations
The Sales Manager must actively manage all aspects of the sales cycle on an ongoing basis. Since the sales team has the closest contact with brokerage customers the Sales Manager must work closely with his or her sales staff to identify opportunities to increase sales or to combat threats to business.
Sales Plan
It has often been said that until a plan is written down it is not a plan; it is a dream. Likewise, what is not measured is not managed. Thus, the need for an organization to have a sales plan that is written down and carefully monitored. Most brokerage sales plans will include:
1.The type of client and business the brokerage will want to target
2.The projected overall growth and profit that the brokerage wants its sales team to achieve
3.The resources that the brokerage is willing to invest to reach its sales and profit goals
4.The insurance markets to be utilized to reach the sales goals
Effective sales goals should be specific, measurable, attainable, realistic, and time sensitive (SMART). It is the job of the sales manager to help producers reach their individual sales goals. This will have the cumulative effect, of the firm reaching its organizational sales goals.
Measurement and Monitoring
Regular monitoring is needed for any organization to properly manage its sales programs. Timely monitoring of the sales team helps an organization determine if it is progressing satisfactorily towards its sales goals, or if corrective action is needed.
…. to access the Sales Management and Marketing online course click here
This course is accredited in the following categories
LIFE/A&S – Alberta and Ontario
General / Adjuster – Technical – Alberta
RIBO – Management – Ontario
