Alberta Insurance Council

The AIC serves to fulfill the mission of protecting Albertans through the licensing and regulation of insurance agents,

General Information
Company Name
Alberta Insurance Council
Founded Year
1989
Location (Offices)
Calgary, Canada +2
Founders / Decision Makers
Number of Employees
34
Industries
Financial Services, Insurance
Funding Stage
-
Social Media

Alberta Insurance Council - Company Profile

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.

Taxonomy: Insurance regulation, Licensing, Insurance laws administration, Professional discipline, Financial services, Administrative services, Consumer protection, Investigation services, Governance, Continuing education accreditation, Ministry collaboration

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