Insurance Bureau Of Canada

The Insurance Bureau of Canada (IBC) is a trusted source of information and guidance for individuals and businesses navigating the complex landscape of insurance. Since 1984, we have empowered Canadians to make informed insurance decisions by providing clear and accessible information, resources, and analysis.

Our Mission

Our mission is to foster a fair and competitive insurance marketplace that works for Canadians. We achieve this by:

• Providing reliable information: We simplify insurance concepts and language, making it easier for people to understand their coverage options.
• Promoting consumer awareness: We educate consumers on their rights and responsibilities, helping them make confident insurance decisions.
• Advocating for fair practices: We advocate for fair treatment and effective regulation within the insurance industry.
• Supporting industry development: We promote innovation and growth in the insurance sector, fostering a competitive and resilient marketplace.

1. Insurance Basics and Understanding

We simplify insurance terminology and concepts, making it easy for individuals and businesses to comprehend their coverage options and make informed decisions.

2. Research and Analysis

We provide in-depth research, analysis, and data on various insurance topics, including emerging risks, industry trends, and consumer issues.

3. Consumer Resources

We offer valuable resources to help consumers navigate the claims process, understand their policies, and manage their insurance concerns.

4. Industry Support

We collaborate with industry stakeholders to enhance market transparency, develop innovative solutions, and address systemic challenges.

5. Public Awareness Campaigns

We raise public awareness about critical issues affecting Canadians, such as climate change, severe weather, and auto safety.

6. Data and Analytics

We gather and analyze insurance data to identify trends, assess risks, and inform industry practices.

7. Advocacy and Policy Development

We advocate for comprehensive insurance policies and regulations that meet the evolving needs of Canadians.

8. Educational Events and Outreach

We host educational events and outreach programs to engage with stakeholders and foster open dialogue about insurance.