The Insurance Brokers Association of Nova Scotia (IBANS) was formed in 1949 by Chesley D. Fraser and W. Ritchie MacCoy to be the voice of the independent broker in Nova Scotia.
IBANS is a voluntary membership organization consisting of more than 1,100 insurance brokers throughout the province. It acts as a resource to government, represents the interests of its members within the insurance industry and promotes the valuable role brokers play in their communities and to their clients.
The Association is a proud member of the Insurance Brokers Association of Canada (IBAC), which works on behalf of its members, representing over 38,000 Property and Casualty insurance brokers nationally.
The Core Objectives of IBANS are:
- To enable member brokers to approach stakeholders in an organized fashion with common concerns about insurance issues in Nova Scotia.
- To be a resource to government and industry partners.
- To address the common concerns of the brokerage community.
Strengthen the insurance broker community and promote the insurance broker profession.
A vibrant and highly-valued broker community.
IBANS recognizes that an inclusive and diverse work environment values the unique characteristics, skills and experiences of all, whether related to accessibility, gender, ethnicity, age or sexual orientation. IBANS fosters an inclusive culture and encourages the same throughout our broker community.
What we do for Members
We provide services to our members, and indirectly to the public, in four key areas:
IBANS provides the Canadian Accredited Insurance Broker (CAIB) course, and the Fundamentals of Insurance (FOI) for those looking to obtain an insurance license, as well as other educational offerings and tools to assist brokers in providing professional and knowledgeable service.
Members have access to programs, information and services that benefit their brokerages and support them in maintaining an edge in today’s highly competitive marketplace.
IBANS is continually looking at ways to enhance our communication with members, the community and stakeholders to keep them informed and reinforce the message that brokers are the premiere distribution channel for providing insurance.
IBANS represents the interests of its member brokers at both the provincial and federal levels of government. We engage with insurance companies, the regulator and industry stakeholders to ensure the voice of our members is heard.