Cyber Insurance Course – New General CE

Cyber Insurance Course – New General CE

Cyber Insurance Course

3 General/Adjuster – Technical CE Credits

New Cyber Insurance Course now available to all ILScorp General CE and Adjuster CE Subscribers

During this online course we will begin by discussing recent changes made to the Personal Information Protection Electronic and Documents Act. This is a natural spring board when discussing cyber insurance with clients.  Next, we will briefly look at today’s cyber insurance market place to review common challenges.

Then we will roll up our sleeves and get into the actual coverage forms most common in our market.

Data Compromise Coverage, Computer Attack Coverage and Network Security Liability Coverage are the three major coverage form topics

Cyber insurance coverages are some of the newest innovations in the insurance industry.  As the criminal element becomes more proficient, the insurance industry has responded.  As with all new products, there will be challenges and changes forthcoming. This course looks at a few of the major issues facing us today.

Cyber losses are really just a new type of crime loss.  Some policies are beginning to include cyber losses within their wordings.  Many are just silent on the topic.  Because automation is playing a roll in many parts of business operations, insurers may be inadvertently providing coverage unintentionally.  Broad insuring agreements in both property and liability wordings may be the culprit.

To learn more about the new Cyber Insurance course click on the button below.

More Info

Cyber Insurance

Credit Hours: 3
Credit Type: General/Adjuster – Technical and RIBO – Technical
Credit #: AIC#50977;MB32089
Accrediting Provinces: BC, AB, SK, MB, ON

CSF Reference Period Deadline

Today, is the deadline for the CSF reference period of December 1, 2015 to November 30, 2017.

The Regulation of the Chambre de la sécurité financière respecting compulsory professional development applies to every professional holding an authorization issued by the Autorité des marchés financiers allowing him to practise in any of the following sectors and registration categories:

  • Group savings plan brokerage;
  • Scholarship plan brokerage;
  • Insurance of persons;
  • Group insurance of persons.

A representative must accumulate the following professional development units (PDUs):

  • 10 PDUs in general subjects;
  • 10 PDUs in compliance with standards, ethics and business conduct*;
  • 10 PDUs in topics specific to each sector or registration category in which he is authorized to pursue activities

The member can prove they participated in a training activity and enter the PDUs into their record by entering the proof of presence either:

  • Online in their PDU Record in the Members’ Area
  • By fax, at 514-282-3418
  • By email, at ufc@chambresf.com
  • By mail at: Chambre de la sécurité financière, 2000, McGill College avenue, 12th floor, Montréal, (Quebec) H3A 3H3

 

How can the member enter the PDUs obtained for training activities into his PDU record?

The member can enter the proof of presence to training activities on the CSF’s website through a secure access in the Members’ Area section.

To activate their online member record, the member must go to the Members’ Area page, click on Activate your membership under the yellow authentication square, and follow the instructions.

Once the Member’s Area is activated, the member will be able to access his PDU record.

The member can enter the PDUs by:

  1. Opening a session on the Members’ Area by entering their certificate number and password
  2. Click on “To consult your PDU record, click here”
  3. Click on Enter activities
  4. Enter the identification number of the training activity. The number is listed on the proof of presence issued by the person responsible for the training activity. It contains 11 to 12 characters and is similar to CSF00-00-00000
  5. Enter the date when the training activity took place
  6. Enter your name and specify the PDU category
  7. Click on “Save”

The member can add training activities or delete them if they were erroneously added by mistake. When they have finished entering the PDUs, the member is encouraged to print the page and keep it until the information entered has been transferred to their PDU record.

It’s important to keep any proof of presence to training activities for 24 months following the reference period during which the activity took place, because the CSF will periodically check with members. Upon request by the CSF, the member must send their proofs of presence within 30 days.

Learn more about where insurance specialists work and what you can expect from this career

Learn more about where insurance specialists work and what you can expect from this career

WHERE DO INSURANCE SPECIALISTS WORK?

Finding work in the Canadian insurance industry is a smart career option. No one can know when tragedy may strike, so it pays to be prepared. Thus, insurance is a critical component of life for a large percentage of the population.

In response to this, triOS College has developed an excellent Insurance Specialist program. It educates students and provides them with all the tools they need to succeed in their future career. In this program, you receive practical experience, an eight week internship, and lifelong career assistance, among other benefits. For full information about this program, visit our website.

There are a few things you will want to understand as you move down this career path, including information on licensing, location of employment, and expected wages.

WAGES

The salary you can expect as an insurance specialist in Canada is consistently above the average wage. The average salary of this occupation is $68,775 a year, and applies to full-time employed insurance specialists in Ontario. To help put this in perspective, the average salary listed for all occupations is $61,495, which means that even if your salary for your work as an insurance specialist does not hit the provincial average, it is still likely valued at a higher rate.

LICENSING

In order to continue in a career as an insurance specialist, broker, et cetera, all individuals have to pass certain licensing exams. This includes the Registered Insurance Brokers of Ontario (RIBO) exam, which you will receive training for as a part of triOS College’s Insurance Specialist program. Other licensing bodies and associations include the Insurance Brokers Association of Ontario (as well as the Canada-wide one), the Insurance Institute of Canada, and the Financial Services Commission of Ontario.

LOCATION AND INDUSTRY

You can find work as an insurance specialist or broker in many locations across the country. Simply pay attention to your job search. If there is a location you prefer, try filtering your search there first before expanding.

With that said, some regions have more opportunities for the insurance industry jobseeker than others. In Ontario, the top two regions for employment (as an agent, broker, et cetera) are Toronto region with 50% of the provincial total, and Kitchener/Waterloo and Barrie with 10% of the provincial total. The region with the lowest percentage (coming in at only 2%) is the Muskoka-Kawarthas. Other areas of note for work as an insurance specialist include Ottawa, London, Hamilton, and the Niagara Peninsula.

The major employment as an insurance specialist is within the insurance industry itself (full companies offering insurance, whether it be auto, home, or life). Another major industry that employs insurance specialists and agents is the finance industry. Together, these employ 98% of insurance specialists and agents.

COMPANIES

When looking for employment in insurance, the search that will yield the most results is one that focuses on dedicated insurance companies. Some examples of companies that often hire triOS College graduates include HUB International, Hubbard Insurance Group, Orr Insurance &Investment, and St. Andrews Direct Insurance.

LET’S GET STARTED

triOS College

 

ILS Level 1 Insurance Adjuster Licensing program brings new option for Level 1 insurance Adjuster licensing in British Columbia

COURTENAY, B.C. – June 20, 2017 – ILScorp, Canada’s leader in online insurance training and education, is proud to announce the launch of the ILS Level 1 Insurance Adjuster Licensing Program.

Recently accredited by the Insurance Council of British Columbia, this innovative program allows students to study for and obtain their Level 1 Insurance Adjuster license from a single source.

“We listened to our students and examined the current learning environment in Canada,” said Ken MacRae, ILScorp’s President and CEO.  “We found that students had very limited options in obtaining their Level 1 Insurance Adjuster license. The ILS Level 1 Insurance Adjuster Licensing Program gives newcomers to the BC insurance industry the opportunity to obtain their Level 1 license from Canada’s leading insurance education and training provider.”

“ILScorp has been educating insurance professionals through online training programs for over seventeen years,” said Dana Barr, General Manager of ILScorp. “The addition of the ILS Level 1 Insurance Adjuster Licensing Program really reinforces just how seriously ILScorp takes education and its high level of dedication to the insurance industry.”

Building on the strong foundation of innovative online training ILScorp has honed in its seventeen years online, the comprehensive ILS Level 1 Insurance Adjuster Program is adaptable to all learning types. The program includes an easy-to-follow textbook, online video instruction, hardcopy workbook, mobile flash cards and practice exams. Utilizing all these learning elements enables the student to listen to the content as it is narrated in the video course, follow along in the textbook, and enforce knowledge retention by answering questions on key concepts in the workbook.  With the ILS Level 1 Insurance Adjuster Licensing Program all forms and coverages are current, key concepts are expressed using real life scenarios and examples, end of chapter quizzes can be taken as many times as you wish, plus the workbook has hundreds of exam type questions along with answer keys. The Level

1 Insurance Adjuster Licensing Final Exam is even included in the Program and is completed entirely online.

“My finding is that the method of delivery, curriculum design and content are in some cases, superior to, but in all cases, consistent with insurance education standards I have worked with over the many years of instructing,” said Maurice Mcfadden, President of Mcfadden Insurance Consulting with over 42 years experience in the insurance industry – including 23 years as a trainer and educator of brokers throughout BC. “ I found the presentation format was well thought out and executed, keeping in mind the human demographics of the day.”

The ILS Level 1 Insurance Adjuster Licensing Program is available now through the ILScorp website.

https://www.ilscorp.com/level-1-insurance-licensing/

“Current insurance industry professionals have long been telling us how much they appreciate the quality of our training materials,” added MacRae. “Now, we’re pleased to be able to offer newcomers a great introduction to the industry with the ILS Level 1 Insurance Adjuster Licensing Program”

About ILScorp

ILScorp began in 1991 as a professional education company focused on licensing and continuing education services for the Property and Casualty Insurance industry in Canada. This was a natural niche for ILScorp, as our founder and former President Steve Hawrishok authored The Fundamentals of Insurance course for Canada, which issued as a Level 1 licensing course in most provinces in Canada. In addition to The Fundamentals of Insurance course Steve was asked to author the CAIB Program a four-course designation program which is used for step licensing purposes in many jurisdictions in Canada.  In 2000, ILS made the strategic decision to move all their insurance training programs online. Putting together the need for licensing and continuing education courses for insurance professionals, with the tremendous cost savings accrued by delivering those courses over the internet, lead to the birth of ILScorp.com.

Today ILScorp is the largest online insurance training provider for the P&C industry in Canada offering accredited (through Insurance Councils in each Province) online licensing as well as continuing education courses in all provinces of Canada. ILScorp works with many of the largest insurance companies and brokerages in Canada customizing insurance education programs and is recognized for the quality of its education offerings.

For more information, contact

Dana Barr

General Manager

dana@ilscorp.com

1-800-404-2211

Web: www.ilscorp.com

triOS ANNOUNCES LAUNCH OF NEW INSURANCE SPECIALIST PROGRAM

Press Release:

MISSISSAUGA, ON, Jan. 23, 2017

Starting in the spring of 2017, triOS College Business Technology Healthcare will be introducing a new Insurance diploma program and an Insurance Specialist diploma program.

This program is designed to address the huge need for individuals to replace a retiring workforce in the insurance industry, with a sole focus on property and casualty insurance. Graduates of this program will be able to pursue positions at insurance brokers, who play a key role in the communication between the carriers that provide insurance and the public who require it.

“Companies need people who have the specific skills that belong to their industry,” says Frank Gerencser, CEO of triOS Corporation. “The goal of this program is to give students all the insurance specific skills that they need, as well as the workplace expertise that will help them succeed.”

To create this program, triOS looked to industry leaders ILScorp, the largest online insurance training provider for the P&C industry in Canada. Under Ken MacRae, President and CEO of ILScorp, triOS Corporation has licensed their curriculum to embed it within their programs, ensuring that students obtain the highest standard training possible.

“There is a growing need in the insurance brokerage industry for new talent” says Ken MacRae, President and CEO of ILS Learning Corporation. “We are excited to partner with triOS to provide the training necessary for individuals to meet their provincial licensing requirements which enables them to access these exciting insurance career opportunities.”

This program includes a 2-month internship and preparation for the Registered Insurance Brokers of Ontario (RIBO) examination that will prepare graduates with the real-world experience they need for a career in the insurance industry.

Students interested in the new program are encouraged to contact triOS to schedule a free career training counselling session. International students who have previous education in insurance, and are looking to gain accreditation in Canada, are urged to contact the triOS Admissions Support Centre – International Department for more information on how to apply.

About ILScorp

ILScorp began in 1991 as a professional education company focused on licensing and continuing education services for the Property and Casualty Insurance industry in Canada. This was a natural niche for ILScorp, as our founder and former President Steve Hawrishok authored The Fundamentals of Insurance course for Canada which issued as a Level 1 licensing course in most provinces in Canada.

Putting together the need for licensing and continuing education courses for insurance professionals, with the tremendous cost savings accrued by delivering those courses over the internet, led to the birth of ILScorp.com.

Today ILScorp is the largest online insurance training provider for the P&C industry in Canada offering accredited (through Insurance Councils in each Province) online licensing as well as continuing education courses in all provinces of Canada. ILScorp works with many of the largest insurance companies and brokerages in Canada customizing insurance education programs and is recognized for the quality of its education offerings.

About triOS College

For over 23 years, the mission of triOS College Business Technology Healthcare Inc. has been to help students become job-ready graduates. triOS College is a private career college with 9 campuses across Ontario focused on providing the practical hands-on training needed to be successful in their chosen careers.

triOS College offers a wide variety of programs that are highly relevant in today’s job market within Business, Technology, Healthcare, Law, and Supply Chain.  The program curriculum is extremely comprehensive and is uniquely developed with input from industry leaders to provide the highest quality education.

Canadian-owned and operated, triOS College is proud to be recognized as one of Canada’s Best Managed Companies for six years in a row. triOS has been awarded this designation for redefining post-secondary education by listening to students and employer needs to deliver effective results.

For further information please contact:
Samantha Dotson
Communications Specialist
905-814-7212 x1037
samantha.dotson@trios.com

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from ILSTV

You have Successfully Subscribed!

Pin It on Pinterest