NEW: By popular demand, IFB has added 4 more FINTRAC Compliance Workshops on Feb. 3 and Feb. 7. For more information and to register, click here.

Read the IFB comment on draft proposals to the federal Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations

Understanding the new Life Insurance Replacement Document (LIRD)

As seen in the Fall 2011 Independent: New e-learning portals coming in 2012 for IFB members New By-laws approved at the 2011 AGM Ask an E&O Expert: What you should know if you're thinking of dropping one of your licenses. Special feature: Establishing an Anti-Money Laundering/Terrorist Financing Compliance Regime - Tips for Independent Life Insurance Brokers

Looking for an "Independence-Friendly" MGA or Dealer?

Check out our registry here!

Welcome to the IFB Website! We are an Association exclusively devoted to the independent financial services advisor. For over 20 years, IFB has proudly represented such advisors by ensuring government, regulators and other industry participants understand their unique needs and the unique contribution that independent brokers make to consumers in planning for their financial future in communities across Canada.

The majority of our members are licensed to provide advice and products related to life/health insurance and mutual funds. Many hold licenses permitting them to offer other financial products like securities, property & casualty insurance, mortgages, etc. What they all share is a belief that their clients are best served by a professional advisor who has access to a variety of financial products from different suppliers. Read More

IFB provides these independent business men and women a united voice. Independent advisors are under pressure stemming from increasingly complex regulation which takes time away from your business and adds to the cost of compliance. To reduce this burden IFB advocates and lobbies on your behalf with all levels of government and various regulatory authorities, as well as offering member-only compliance assistance.

We support our members by providing affordable errors and omissions insurance which meets each provincial standard. In addition, we provide continuing education opportunities several times a year, at various locations in Canada, led by top speakers in their fields. Our members enjoy a substantial discount when attending such sessions.

CLICK HERE FOR THE IFB REGISTRY OF 'INDEPENDENCE FRIENDLY' MGAs!

	Great benefit for small to mid-sized Corporations IFB has worked with The Magnes Group of Oakville, Ontario, to develop a Corporate E&O program that will provide high quality coverage for insurance agencies at a price that is commensurate with the size of the corporate entity. Underwritten by AXIS Reinsurance Company and offers premiums starting at only $500, with limits up to $5 million!

Regulatory Affairs: One of the important functions of IFB is to represent our member's viewpoints and concerns to various government, regulatory bodies and other industry stakeholders to ensure they understand the potential impact of change on their practices and the clients they serve. IFB provides a unified voice to a community of self-employed, individual business people that might not otherwise be heard. Read More The burden and complexity of compliance is increasing, making it ever more difficult for individual brokers without a connection like IFB to be aware of and understand the potential impacts of such changes and reduce exposure to regulatory scrutiny. Our templates and practice tools are developed with the independent broker in mind - as is our quarterly newsletter, "The Independent". We invite you to read our Position Papers . Click Here

If you are already a Member, you will find renewal applications for membership and Errors and Omissions insurance, regulatory tools and well as other useful tools in the Member Only Section of this website.