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ARTICLE · 21 MARCH 2025

Upcoming Changes To Insurance Licensing In Québec For Out-of-province Representatives

Borden Ladner Gervais LLP
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The Autorité des marchés financiers (AMF) is introducing key regulatory amendments aimed at simplifying and modernizing the certification process...

CanadaInsurance
Rick Da Costa
Rick Da Costa
Guillaume Talbot-Lachance
Guillaume Talbot-Lachance
Arpiné Danielyan
Arpiné Danielyan
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The Autorité des marchés financiers (AMF) is introducing key regulatory amendments aimed at simplifying and modernizing the certification process for insurance and mortgage brokerage representatives in Québec. These changes will streamline licensing requirements and enhance flexibility in the conduct of the probationary period for representatives in insurance of persons, group insurance of persons, damage insurance, claims adjustment and mortgage brokerage.

The amendments, introduced through the Regulation to amend the Regulation respecting the issuance and renewal of representatives' certificates (the Regulation), received ministerial approval on February 26, 2025, following a regulatory consultation conducted by the AMF from June 13 to September 10, 2024.

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