Alberta Insurance Council (AIC) is a pivotal player in the insurance industry, dedicated to safeguarding the interests of Albertans by overseeing the licensing and regulation of insurance agents and adjusters. Established in 1989, AIC operates as the financial and governance arm for four Insurance Councils, encompassing insurance laws, administration, and investigation services. These councils, formed under the Insurance Act and delegated authority from the Minister of Treasury Board and Finance, are responsible for upholding the highest standards for insurance agents and adjusters across the province of Alberta.
AIC collaborates closely with the Ministry of Treasury Board and Finance to ensure consumer protection and regulatory compliance within the insurance sector. As a principal regulatory body within the Financial Services and Insurance domains, AIC remains steadfast in its mission to uphold industry standards and protect the well-being of consumers and businesses alike.
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