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Member Categories

Corporate Member

A Corporate Member is a corporation, partnership, sole proprietorship or other recognized business entity and must meet all of the following criteria:

• Hold a valid “other than life” license to transact general insurance issued pursuant to the Insurance Act;

• Submit a membership or membership renewal application along with any applicable fees, and be approved by the Board of Directors;

• Not be a financial institution or an insurer, nor be owned or controlled by either or both. For the purposes of this subsection, owned or controlled includes:

• individually or collectively owning more than 50% of the brokerage’s voting shares;

• directing the mind and will of the brokerage;

• establishing business direction; or

• exercising daily control or directing the placement of business.

• Find appropriate market and general insurance products for clients;

• Manage the placement of business;

• Provide insurance advice and claims advice;

• Be the intermediary between insurer and customer;

• Have no agency agreements which prohibit the representation of other insurers or groups of insurers; and

• Have daily control of its brokerage operations.

Associate Member

An Associate Member is a corporation, partnership, sole proprietorship or other recognized business entity and must meet all of the following criteria:

• Hold a valid “other than life” license to transact general insurance issued pursuant to the Insurance Act;

• Submit a membership or membership renewal application along with any applicable fees, and be approved by the Board of Directors;

• Fail to qualify as either a Corporate Member or an Individual Member;

• Is approved for membership or renewal by the Board of Directors, in its sole discretion.

Individual Member

An Individual Member is an individual person, not a corporation, partnership, sole proprietorship or other recognized business entity and must meet the following criteria:

• Hold a valid Nova Scotia general insurance license issued pursuant to the Insurance Act;

• Submit a membership or membership renewal application along with any applicable fees, and be approved by the Board of Directors;

• Be employed by a brokerage that would otherwise qualify to be a Corporate Member of the Association but whose brokerage is not currently a Corporate Member of the Association.